Aussie and kiwi underperform as USD rises
Mar 11, 2015 05:52 am UTC| Commentary
AUD rose in early Sydney to as high as 0.7645 before falling to trade with a 0.75 handle.It then failed to recover, and slipped to as low as 0.7589 in late Sydney - fresh lows back to 2009 - and struggled to trade back...
AUD/USD, NZD/USD Outlook: RBC Capital Markets
Mar 11, 2015 05:44 am UTC| Commentary
Quotes from RBC Capital Markets: AUD/USD is trading sub-0.76. RBA Assistant Governor Kent delivered a speech on the economy overnight, the bulk of which would be familiar to anyone with a vague interest in the...
GBP, JPY, EUR Outlook: RBC Capital Markets
Mar 11, 2015 05:41 am UTC| Commentary
Quotes from RBC Capital Markets: GBP:The BoEs McCafferty sounded hawkish overnight; there are risks that the BoE is overestimating slack in the labour market, which could mean "that wages may accelerate to a pace...
Mar 11, 2015 05:36 am UTC| Commentary
There was much more uniformity but seemingly less justification to the USD strength in Asia overnight.Neither equities (SP futures flat since London closed) nor USTs (roughly unchanged) provide immediate justification for...
Daily Economic Outlook- 11 March 2015
Mar 11, 2015 05:29 am UTC| Commentary
Quotes from Lloyds Bank: ECB will hold an extraordinary meeting or call this week, possibly as early as today, to review the ELA forGreeces banks. ECB President Mario Draghi and Executive Board member Peter Praet,...
UK industrial output still below 2010 levels
Mar 11, 2015 05:26 am UTC| Commentary
Following recent firm survey indicators of UK activity, the first hard data for Q1 in the form of January industrial production will be available by this morning, ahead of tomorrows trade data and Fridays construction...
Basel III implementation likely to lead to significant Asian bank capital issuance
Mar 11, 2015 05:15 am UTC| Commentary
Basel III implementation, specifically the implementation of capital conservation buffers and the phase-out of non-Basel III (B3)-compliant sub-debt - is likely to lead to significant capital issuance from Asia ex-Japan...
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