S.Africa's Inflation Outlook: Standard Chartered
Mar 20, 2015 05:21 am UTC| Commentary
Standard Chartered notes... Near-term, we expect inflation to decelerate, with headline inflation below 4% in March, largely as a result of weaker oil prices. However, recent ZAR weakness, the recovery in the global...
S.Africa C/A weakness persists as export destinations weaken
Mar 20, 2015 05:19 am UTC| Commentary
There is no major improvement in the S.Africas current account despite higher USD-ZAR as export partners remain weak.While the Q4-2014 current account (C/A) deficit surprise on the narrow side at 5.1% is positive, the...
Appetite for EM risk is very limited and likely to remain so
Mar 20, 2015 05:16 am UTC| Commentary
The threat of hikes in the US weighs on sentiment towards emerging markets.Standard Chartered notes...The slowdown in the long-term flows to emerging markets - and greater volatility in short-term flows - linked to US...
USD-ZAR likely to see further upside in Q2: Standard Chartered
Mar 20, 2015 05:07 am UTC| Commentary
Standard Chartered notes its forecasts as follows: We raise our USD-ZAR 2015 forecasts, anticipating further gains over the next three months. We forecast 12.60 at end-Q2-2015, which is neutral in total-return terms...

Bearish flow signals seen for USD-KRW, JPY-KRW
Mar 20, 2015 05:02 am UTC| Commentary
Standard Chartered notes as follows obtained a bearish SCTF flow signal for USD-KRW. Flow dynamics suggest there may be some correction in USD-KRW in the near term.Standard Chartered notes.... Fundamentally, we expect...
Back to square one in FX market
Mar 19, 2015 22:34 pm UTC| Commentary
After yesterdays eye-watering moves post-FOMC, markets have spent the last 24 hours retracing the moves. In FX market, we are back to pre-FOMC levels - EUR/USD is at 1.0660, USD/JPY just below 121, USD/CAD at 1.2720,...
Eurozone March PMIs to confirm an ongoing economic recovery
Mar 19, 2015 18:50 pm UTC| Commentary
The eurozone PMIs should post the fourth consecutive increase in March, confirming that the economic recovery in the euro area is regaining traction.An increase in the PMI is also expected in Germany and France. Ifo...