Policy rate in Indonesia to remain the same for the remainder of 2015: Societe Generale
Feb 18, 2015 08:06 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -In a global environment of competitive currency depreciation, Indonesia cannot stay isolated. However, the benefits of further rate cuts would be limited. While they...
INR will be one of the best performing Asian currencies in 2015: Danske Bank
Feb 18, 2015 07:58 am UTC| Commentary
Quotes from Danske Bank: -We believe that INR will be one of the best performing Asian currencies in 2015, albeit it will weaken a bit against USD. The main reasons are (1) a marked improvement in the current account that...
Daily outlook for COP: Commerzbank
Feb 18, 2015 07:52 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -COP: The Colombian peso showed the weakest intraregional performance yesterday even as oil ended the day with a marginal better tone. A more dovish stance from the central...
Daily outlook for JPY: Commerzbank
Feb 18, 2015 07:51 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -JPY: The BoJ maintains the speed of its QE measures: 80 trillion yen per annum. Nobody seriously expected anything else for today, but analysts disagree on the BoJs medium...
CNY to appreciate moderately within the daily trading band: Danske Bank
Feb 18, 2015 07:50 am UTC| Commentary
Quotes from Danske Bank: -CNY has depreciated recently on the back of substantial capital outflows from China and USD/CNY trading at its ceiling in the daily trading band. In light of this we have revised our forecast for...
Daily outlook for EM FX: Societe Generale
Feb 18, 2015 07:48 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -In emerging markets, the Central Bank of Indonesia (BI) yesterday surprised with a 25bp rate cut to 7.50%. The BI now foresees inflation heading towards the lower end of...
Feb 18, 2015 07:46 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -UK: Focus on the average earnings data for December with the long end of the curve under serious steepening pressure. BoE MPC minutes most likely a non-event (9-0). 10y...