USD/JPY will remain in comfort zone of 117/120: Commerzbank
Feb 23, 2015 07:51 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -The minutes of the Bank of Japans (BoJ) meeting (on 21st January) was not the dominating news from Japan this morning. After all it is well known that the BoJ remains...
Daily outlook for ILS: Commerzbank
Feb 23, 2015 07:49 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -ILS: The rate easing cycle in Israel was been de facto closed when rates reached 0.25%. But, we call for a 10bps further rate cut at todays meeting as the shekel has broken...
Daily outlook for RUB: Commerzbank
Feb 23, 2015 07:48 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -RUB: A continued complex backdrop in eastern Ukraine, with separatists and Ukrainian forces agreeing to exchange "prisoners" at the weekend, but fighting continuing in some...
Cheapening of German and euroarea exports may have run its course for now: Societe Generale
Feb 23, 2015 07:39 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -Germanys IFO survey this morning could be a damp squib following the unchanged manufacturing PMI data on Friday. -The survey may not do much to cool enthusiasm over...
Daily outlook for EM FX: Societe Generale
Feb 23, 2015 07:38 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -In emerging markets, barring the extreme fluctuations of the RUB (+11.7%) and BRL (-6.2%), most currencies have demonstrated less volatility against the USD so far this...
Feb 23, 2015 07:36 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -UK: 10y swaps back above 1.90% in Asia amid light trade. Beware of some hawkish comments from BoE governor Carney in his testimony tomorrow. 10y UK/EU probing recent...
Feb 23, 2015 07:36 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -US: 10y swaps holds up just below the 100d ma resistance of 2.26% in Asia. Fed chair Yellen testimony in her semi-annual testimony tomorrow (and Wednesday) may sound...