FX Outlook: Standard Chartered
Mar 23, 2015 08:33 am UTC| Commentary
Our call for a strong USD against G10 currencies, but a mixed performance against EM, continues to performwell. We expect dollar divergence into the first Fed hike. Thereafter, we expect USD consolidation, with AXJ...
Macro outlook: Standard Chartered
Mar 23, 2015 08:31 am UTC| Commentary
The US economy is strong, Europe is starting to pick up and China is still slowing. Monetary conditions have eased almost everywhere in recent months. Looking ahead, the benefits of the oil-price fall will take time to...
US tepid core inflation to support the Fed’s wait-and-see stance
Mar 23, 2015 07:40 am UTC| Commentary
February U.S. CPI inflation data will be released Tuesday (08:30 ET).Standard Chartered notes its views as follows.... In line with the consensus, we think headline prices were up 0.2% m/m, from -0.7% prior, driven...
UK CPI likely eased further in February
Mar 23, 2015 07:39 am UTC| Commentary
Standard Chartered notes its views on UK CPI as follows.... We expect the CPI inflation rate, due on 24 March, to have eased further, to 0.2% y/y in February from 0.3% prior, and core CPI to have eased to 1.3% from...
Vietnam Q1 GDP and March data likely to show steady growth
Mar 23, 2015 07:36 am UTC| Commentary
Vietnam will release Q1-2015 GDP data and key March data from 25-31 March, and March inflation data on 24 March.Standard Chartered notes its views on Vietnam GDP data as follows.... We expect steady GDP growth of 5.4%...
Demand for long-end TGBs to fall on the back of rising demand for Formosa bonds
Mar 23, 2015 07:34 am UTC| Commentary
Standard Chartered notes its views on TWD rates as follows.... A neutral policy stance and ample liquidity supports the short end of the curve. We remain constructive on demand for 5Y and 10Y Taiwan Government Bonds...
Mar 23, 2015 07:31 am UTC| Commentary
BSP will announce their policyrate decisions on 26 March. No easing is expected like other Asian central banks.Standard Chartered notes its expectations on BSPs monetary policy as follows.... we expect BSP to keep the...