Germany IFO is likely to rise further
Mar 24, 2015 05:52 am UTC| Commentary
The March report for Germanys IFO index, to be released on 25 March, is likely to show further strength.Standard Chartered notes its forecasts as follows: We expect 107.8 from 106.8 in February (consensus is 107.3), the...
EM credit momentum strategy turns ‘long’
Mar 24, 2015 05:49 am UTC| Commentary
Standard Chartered notes... Our momentum strategy on the EMBIG Div. Index (versus its 18-day movingaverage) has turned to indicate a long signal after being in short territory since6 March 2015. Momentum strategies for...
USD-NGN reaching 220 in Q3-2015: Standard Chartered
Mar 24, 2015 05:46 am UTC| Commentary
Standard Chartered notes..... For portfolio flows to resume, USD-NGN will need to move to a higher and moresustainable level. While we think the CBN will eventually allow this adjustment, and see USD-NGN reaching 220 in...
CBN likely to keep policy rates on hold
Mar 24, 2015 05:42 am UTC| Commentary
The Central Bank of Nigeria (CBN) is likely to keep the monetary policy rate on hold at 13% in its 23-24 March Monetary Policy Committee (MPC) meeting.Standard Charterd notes its expectations as follows: We expect it to...
Daily Economic Outlook- Lloyds Bank
Mar 24, 2015 05:26 am UTC| Commentary
In light of recent comments from BoE Chief Economist Andy Haldane, todays UK inflation numbers are likely to attract significant interest. Much of the recent decline in the headline rate reflects the weakness in oil prices...
Eurozone Composite PMI- Preview
Mar 24, 2015 05:12 am UTC| Commentary
The euro-zone composite PMI (09.00 GMT)may have risen again in March, suggesting that the economic recovery continued in Q1.The fall in the euro may have provided a boost to manufacturing activity, and with household...
USD is down across the board today
Mar 23, 2015 21:39 pm UTC| Commentary
EUR/USD is marching back towards 1.10 (high 1.0972), AUD/USD reached 0.7900, USD/JPY is heading back to its post-FOMC low (spot 119.70). RBC Capital research noted yesterday that theUSD is undergoing a series of bearish...
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