Feb 18, 2015 16:50 pm UTC| Commentary
Quotes from Western Union:- An uptick in U.S. Treasury yields continued to weigh generally on the lower-yielding Japanese currency.- The yen took little direction from a Bank of Japan decision today to hold off on new...
Feb 18, 2015 16:49 pm UTC| Commentary
Quotes from Western Union:- The euro drifted a little lower, keeping within a confined range against its peers. The market continues to hold out hopes that Greece will eventually reach a deal on a bridge loan from its...
We are bullish on European equities, so is Mr. Soros
Feb 18, 2015 13:21 pm UTC| Commentary
The view of billionaire investor George Soros, reiterates our view on European and Asian markets. Soross fund has invested more than $2 billion in equities across the mentioned market. In valuation comparison, European...
Feb 18, 2015 12:20 pm UTC| Commentary
Quotes from RBC Capital Markets: -JPY: The BoJ revised higher its outlook on both exports and industrial production but both changes had been flagged by the media. -Other changes were minor. USD/JPY did dip on the...
Feb 18, 2015 12:18 pm UTC| Commentary
Quotes from RBC Capital Markets: -GBP rallied on comprehensively good labour data. The claimant count was down 38K (exp -25K), headline earnings growth rose 2.1% y/y (exp 1.7%) and LFS unemployment rate ticked down to...
Investors should maintain a Neutral outlook on IDR bonds: Standard Chartered
Feb 18, 2015 12:16 pm UTC| Commentary
Quotes from Standard Chartered: -IDR bond yields dropped c.20bps following this weeks surprise BI and FASBI rate cuts. The benchmark 10Y IDR bond yield (FR70) traded close to its 2015 year-to-date low of 6.85% before...
Bank Indonesia likely to cut the BI rate to 7.25% in Q1: Standard Chartered
Feb 18, 2015 12:13 pm UTC| Commentary
Quotes from Standard Chartered: -Given the recent BI rate cut and global factors, we revise our BI rate forecast to 7.75% at end-2015 (from 8.25%) and 7.75% at end-2016 (from 8.25%). -We expect the central bank to cut...
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