Feb 18, 2015 12:20 pm UTC| Commentary
Quotes from RBC Capital Markets: -JPY: The BoJ revised higher its outlook on both exports and industrial production but both changes had been flagged by the media. -Other changes were minor. USD/JPY did dip on the...
Feb 18, 2015 12:18 pm UTC| Commentary
Quotes from RBC Capital Markets: -GBP rallied on comprehensively good labour data. The claimant count was down 38K (exp -25K), headline earnings growth rose 2.1% y/y (exp 1.7%) and LFS unemployment rate ticked down to...
Investors should maintain a Neutral outlook on IDR bonds: Standard Chartered
Feb 18, 2015 12:16 pm UTC| Commentary
Quotes from Standard Chartered: -IDR bond yields dropped c.20bps following this weeks surprise BI and FASBI rate cuts. The benchmark 10Y IDR bond yield (FR70) traded close to its 2015 year-to-date low of 6.85% before...
Bank Indonesia likely to cut the BI rate to 7.25% in Q1: Standard Chartered
Feb 18, 2015 12:13 pm UTC| Commentary
Quotes from Standard Chartered: -Given the recent BI rate cut and global factors, we revise our BI rate forecast to 7.75% at end-2015 (from 8.25%) and 7.75% at end-2016 (from 8.25%). -We expect the central bank to cut...
Indonesia's headline inflation to come at 3.7% at end-2015: Standard Chartered
Feb 18, 2015 12:10 pm UTC| Commentary
Quotes from Standard Chartered: -We lower our headline inflation forecasts for Indonesia on the assumption that average oil prices will be lower in 2015 than last year. We project headline inflation at 3.7% at end-2015...
Daily technical outlook for EUR/HUF: Societe Generale
Feb 18, 2015 11:07 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/HUF is hovering close to a multiyear upward trend line support of 305/303, also the 38.2% retracement of up move since August 2012 lows. -With weekly RSI closing in...
Daily technical outlook for NOK/SEK: Societe Generale
Feb 18, 2015 11:06 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -After testing a graphical support near 0.99/0.98 last year, NOK/SEK has embarked on a rebound. A monthly hammer followed by a bullish engulfing confirms a major low has...