Kenyan central bank likely to keep rates on hold at 8.5%: Standard Chartered

Feb 25, 2015 06:47 am UTC| Commentary

Quotes from Standard Chartered: -The Central Bank of Kenya (CBK) will announce its monetary policy decision on 26 February. We expect it to keep the central bank rate on hold at 8.5%. Disinflation has become more...

Hong Kong's January exports probably stayed soft: Standard Chartered

Feb 25, 2015 06:44 am UTC| Commentary

Quotes from Standard Chartered: -Hong Kong will announce January trade data on 26 February. We forecast export growth at 1.0% y/y, up from 0.6% in December, as recovering shipments to the US offset persistent weakness in...

NZD review

Feb 25, 2015 06:31 am UTC| Commentary

Quotes from RBC Capital Markets: -NZD: Governor Wheeler spoke overnight and highlighted that Auckland faces a housing supply shortage which has pushed up rents. -Data showing the RBNZs FX transactions for the month of...

AUD review

Feb 25, 2015 06:30 am UTC| Commentary

Quotes from RBC Capital Markets: -AUD: Construction and wage data were both roughly in line with consensus and recent trends. With the RBA having already eased in February, the forward-looking data (such as...

SEK review

Feb 25, 2015 06:29 am UTC| Commentary

Quotes from RBC Capital Markets: -SEK: Riksbank Minutes are out today. These pertain to the meeting at which the Riksbank decided to cut rates into negative territory and announced QE (12 Feb), so markets will be focused...

CNY review

Feb 25, 2015 06:28 am UTC| Commentary

Quotes from RBC Capital Markets: -China: Flash manufacturing PMI increased to a four-month high of 50.1 (cons: 49.7). However, the new export orders sub-index fell from 50.1 to 47.1, the sharpest rate of contraction since...

CAD review

Feb 25, 2015 06:27 am UTC| Commentary

Quotes from RBC Capital Markets: -CAD: The key takeaway from Polozs speech was that another rate cut does not appear imminent. The main phrase was that "the downside risk insurance from the interest rate cut buys us some...