Precious Metals Review: Commerzbank
Mar 17, 2015 10:06 am UTC| Commentary
Although the US dollar depreciated noticeably for a time yesterday, the entire precious metals sector was characterized by a pronounced weakness, evident above all in the prices in euros.Gold for instance dropped below the...
Energy Markets Review: Commerzbank
Mar 17, 2015 10:03 am UTC| Commentary
Oil prices are continuing the downswing they began last week. Brent dropped to $52.5 per barrel yesterday, its lowest level since the beginning of February. WTI fell to below $43 per barrel to hit a six-year low.The...
CBRT to keep all rates unchanged
Mar 17, 2015 10:00 am UTC| Commentary
Unicredit notes its views on CBRT meeting today as follows ... We expect the CBRT to keep all rates unchanged at todays MPC meeting, in line with market consensus. We expect the one-week repo rate to be kept at 7.5%,...
BoJ signals no imminent easing
Mar 17, 2015 09:53 am UTC| Commentary
The Bank of Japan (BoJ) as expected announced no new easing measures in connection with the monetary policy meeting held today.The target for expansion of the monetary base (currently the main policy instrument) was...

Czech GDP seen at 2.3% this year and 2.7% next
Mar 17, 2015 09:08 am UTC| Commentary
Czech January retail sales (including the automotive sector) increased by a solid 6.4 % yoy thus significantly beating the markets estimates.Car sales contributed significantly, up 8.7% yoy (12.1% WDA), confirming its...
Room for another BI rate cut in Q2
Mar 17, 2015 08:56 am UTC| Commentary
Bank Indonesia (BI) kept the BI rate at 7.50%, the BI overnight deposit facility (FASBI) rate at 5.50%, and the BI overnight lending facility (repo) rate unchanged at 8.00% at its policy meeting on 17 March.The central...
Rates Review: Societe Generale
Mar 17, 2015 07:53 am UTC| Commentary
EU: 10y swaps around 0.61% in Asia. 3y GGB yield returned over 20% for the first time in over a month adding pressure on Athens ahead of the EU leaders summit this Thursday. The ECB bought 9.751bn of sovereign bonds last...