Near-term risk of a Grexit has receded: Nordea
Feb 23, 2015 06:46 am UTC| Commentary
Quotes from Nordea Markets: -Greece and the Eurogroup reached a preliminary last minute agreement on Friday that extends the bailout with another four months. A first list of measures suggested by Athens will be presented...
Weekly outlook for Latam FX: Barclays
Feb 23, 2015 06:44 am UTC| Commentary
Quotes from Barclays Capital: -On LatAm, the fiscal data for the first month of 2015 should be the highlight on Brazil (Friday). Despite the seasonal monthly improvement in the overall balance, a very wide deficit would...
Weekly outlook for ZAR: Barclays
Feb 23, 2015 06:42 am UTC| Commentary
Quotes from Barclays Capital: -It will be an eventful week for SA markets. On Tuesday, Q1 2015 GDP will be published, and given that we are softer than consensus (Barclays: 3.5% q/q, market median: 3.8% q/q) implies that...
Weekly outlook for EMEA FX: Barclays
Feb 23, 2015 06:41 am UTC| Commentary
Quotes from Barclays Capital: -In EMEA, we have rate decisions in Israel (Monday), Turkey (Tuesday), and Hungary (Tuesday). In Israel, we expect Bank of Israel (BoI) to keep its base rate unchanged at 0.25% next week. We...
Weekly outlook for CAD: Barclays
Feb 23, 2015 06:38 am UTC| Commentary
Quotes from Barclays Capital: -January CPI (Friday) will be next key risk event from Canada. Headline CPI is expected to decline sharply in coming months because of lower oil prices (ie, the BoC is looking for 0.5% y/y...
Weekly outlook for JPY: Barclays
Feb 23, 2015 06:37 am UTC| Commentary
Quotes from Barclays Capital: -Japans inflation dynamics continue to demand close attention, in our view. We expect the January national core CPI (Friday) to decelerate further, to +2.3% y/y (consensus: +2.4% y/y) from...
Weekly outlook for GBP: Barclays
Feb 23, 2015 06:36 am UTC| Commentary
Quotes from Barclays Capital: -The second release of Q4 GDP will be the main data print from the UK in the coming week. We expect GDP to be revised up to 0.6% q/q in Q4 2014, as better-than-expected December production...