Monetary policy divergence likely to remain an important driver for AXJ currencies
Mar 17, 2015 06:11 am UTC| Commentary
Standard Chartered notes... We expect monetary policy divergence to remain an important driver for AXJ currencies. In the past week alone, the Bank of Thailand (BoT) and the Bank of Korea (BoK) have surprised markets...
Standard Chartered maintains short-term neutral recommendation for CNY
Mar 17, 2015 05:59 am UTC| Commentary
The Chinese authorities will likely put more emphasis on managing the CNYs value on a TWI basis this year than on stabilising the CNY rate versus the USD.The fact that the recent National Peoples Congress (NPC) was...
AXJ vulnerability on valuation, policy and hedging flows
Mar 17, 2015 05:56 am UTC| Commentary
Standard Chartered notes... The broad-based revaluation of the USD in the global financial system has left some AXJ currencies losing ground against it but actually still appreciating in tradeweighted (TWI)...
Most investors are sanguine on EM credit
Mar 17, 2015 05:52 am UTC| Commentary
Standard Chartered notes... Most investors we met are relatively sanguine about the prospects for emergingmarket (EM) fixed income. Some questioned the deterioration in EM fundamentals, but most are constructive on...
U.S. rate hike not expected to jolt markets
Mar 17, 2015 05:49 am UTC| Commentary
Standard Chartered notes as follows on Tuesday Most investors expect US rates to inch higher over the course of the year and agree with our bear-flattening view on US Treasury (UST) yields. They are largely indifferent...
FX Market Review: RBC Capital Markets
Mar 17, 2015 05:38 am UTC| Commentary
Day ahead: Todays event highlights are RBA minutes of their March meeting (see AUD), the BoJ meeting (see JPY), and the Bank Indonesia meeting where expectations are that they will leave the reference rate on hold at 7.50%...
ECB’s TLTRO still attractive in the QE context
Mar 17, 2015 05:19 am UTC| Commentary
On 19 March, the ECB will carry out its third TLTRO. Although the PSPP has overshadowed the importance of TLTRO with respect to liquidity provision, the outcome is expected to provide meaningful insight into the likely...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects