CNY to appreciate moderately within the daily trading band: Danske Bank
Feb 18, 2015 07:50 am UTC| Commentary
Quotes from Danske Bank: -CNY has depreciated recently on the back of substantial capital outflows from China and USD/CNY trading at its ceiling in the daily trading band. In light of this we have revised our forecast for...
Daily outlook for EM FX: Societe Generale
Feb 18, 2015 07:48 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -In emerging markets, the Central Bank of Indonesia (BI) yesterday surprised with a 25bp rate cut to 7.50%. The BI now foresees inflation heading towards the lower end of...
Feb 18, 2015 07:46 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -UK: Focus on the average earnings data for December with the long end of the curve under serious steepening pressure. BoE MPC minutes most likely a non-event (9-0). 10y...
Feb 18, 2015 07:45 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -US: 10y UST yields have moved fast through 2.016% and 2.105% res levels despite limited trading volumes and mixed macro US data. A return to 2.20% is on the cards, or...
Feb 18, 2015 07:44 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EU: Greece optimism and ZEW data lifted 10y bund yields above 0.37%, further extension towards 0.40% not ruled out. 10y US/EU swap spread seen testing Sep-14 high of...
Feb 18, 2015 07:43 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -AUD/USD: 0.7805 - 0.7832 overnight range. Spot bid in Asia amid light trading while Japan Post-Toll MA news also seen supporting spot after the RBA minutes yesterday....
Feb 18, 2015 07:42 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -GBP/USD: 1.5344 - 1.5361 overnight range. Cable battling to stay bid above 1.5350 in Asia. UK earnings data and MPC minutes in focus for BoE rate outlook. Support...
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