Mar 04, 2015 09:35 am UTC| Commentary
Quotes from RBC Capital Markets GDP rose 0.5%q/q, 2.5%y/y in Q4, broadly as both the market and RBA expected. The contours of the data were very much in line with recent themes; the influence of lower rates was...
RBC Capital Markets: CAD Review
Mar 04, 2015 09:27 am UTC| Commentary
Quotes from RBC Capital Markets In the weeks that have followed the surprise January rate cut, oil prices appear to have stabilised around levels consistent with the January MPR assumptions, perhaps reducing the need...
Standard Chartered Bank: Korean Treasury Bonds to outperform
Mar 04, 2015 09:02 am UTC| Commentary
Quotes from Standard Chartered Bank We expect KTBs to outperform, based on our rate-cut expectation in Q2. Their downward momentum halted in February and the 3Y KTB yield increased by 27bps to 2.48% from its low of...
Standard Chartered Bank maintains short-term underweight and medium-term neutral FX weighting on KRW
Mar 04, 2015 09:00 am UTC| Commentary
Quotes from Standard Chartered Bank We maintain a short-term Underweight and medium-term Neutral FX weighting on the KRW. Koreas weak growth-inflation mix, combined with monetary easing across the region, is likely to...
Standard Chartered Bank: Easing moves by major central banks to add pressure on BOK
Mar 04, 2015 08:50 am UTC| Commentary
Quotes from Standard Chartered Bank The trend of monetary easing by major central banks will likely add to the pressure on the BoK. The year started with further QE by the European Central Bank (ECB), followed by a...
Standard Chartered Bank: Distortions in data keeps BOK MPC in wait-and-see mode
Mar 04, 2015 07:30 am UTC| Commentary
Quotes from Standard Chartered BankIn our view, the recent mixed data performance points to an eventual rate cut.CPI inflation has been slowing for the past four months, with the latest 0.5% y/y reading the lowest in 15...
Standard Chartered Bank: Previous BOK MPC meeting minutes reveal rising growth concerns
Mar 04, 2015 07:16 am UTC| Commentary
Quotes from Standard Chartered Bank BOK past meetings revealed concerns over rising household debt and slowing growth momentum. MPC members said they would gauge the impact of the last two cuts in August and October...