Feb 26, 2015 05:57 am UTC| Commentary
Quotes from RBC Capital Markets: -NZD: Fonterra maintained its current forecast payout for the 2014-15 season at per kilogram of milk solids, disappointing some analysts looking for an increase. -Prices for whole milk...
Feb 26, 2015 05:56 am UTC| Commentary
Quotes from RBC Capital Markets: -AUD: Q4 capex fell 2.2% (cons -1.6%). Plans for 2014-15 were revised down slightly (around 7.5%). The first estimate for capex for 2015-16 adjusted to a drop of around 16%. Our Australian...
Feb 26, 2015 05:55 am UTC| Commentary
Quotes from RBC Capital Markets: -USD: We look for a sharp decline of -0.7% m/m in Jan headline CPI. For core prices, we estimate a +0.2% m/m increase, buttressed by the shelter component (but down 0.1%y/y). This could...
Feb 26, 2015 05:55 am UTC| Commentary
Quotes from RBC Capital Markets: -GBP: We expect the second reading of Q4/14 GDP growth to show an unrevised estimate of 0.5% q/q as recent marginal upside news on the industrial sectors performance in Q4 is broadly...
Feb 26, 2015 00:45 am UTC| Commentary
The collapse of FX vol that is underway with Yellen and Greece behind us, according to RBC Capital Research. The ECBs Global Hazard Index, at 9.95, is down more than 3 vols from Fridays close and at its lowest level since...
UK household consumption likely supported Q4 GDP
Feb 26, 2015 00:40 am UTC| Commentary
Notes from Standard Chartered Research: The second release of the UKs Q4 GDP (27 February) will likely match the first, at 0.5% q/q (2.7% y/y). The breakdown by expenditure will be available this time. We expect...
Daily outlook for AUD/NZD: Westpac
Feb 25, 2015 19:54 pm UTC| Commentary
Quotes from Westpac Research:- AUD/NZD 1 day: The 1.1480 level above is waiting to be tested again. Much will depend on CAPEX today.- AUD/NZD 1-3 month: Theres much chatter about reaching parity. Thats possible, but our...
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