CBR has no room for further easing in H1 2015: Danske Bank
Feb 18, 2015 07:20 am UTC| Commentary
Quotes from Danske Bank: -The CBR hiked its key rate by a total of 1,150bp to 17% in 2014, putting the brakes on the real economy through a severe demand-side shock. On 30 January, the central bank made an unexpected...
Medium-term outlook for HUF: Danske Bank
Feb 18, 2015 07:18 am UTC| Commentary
Quotes from Danske Bank: -We continue to believe that Hungarys fairly strong external position is likely to be supportive for the HUF in the medium term. -Furthermore, fairly strong growth and an expected pick-up in...
Hungary's GDP likely to grow by 3.3% y/y in 2015: Danske Bank
Feb 18, 2015 07:16 am UTC| Commentary
Quotes from Danske Bank: -Growth has been picking up in Hungary and, after years of stagnation, it is becoming one of the fastest growth economies in central and eastern Europe. -However, structural problems and weak...
Japan's trade deficit to expand to ¥1,791bn in January: Societe Generale
Feb 18, 2015 07:14 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -We expect Japans trade deficit to expand to 1,791bn in January, but the deficit has shrunk from 2,795bn in January 2014. Export growth is likely to accelerate further to...
Daily outlook for EUR/SEK: Danske Bank
Feb 18, 2015 07:11 am UTC| Commentary
Quotes from Danske Bank: -The Riksbanks ambition to fight deflation should not be underestimated. We therefore mainly see upside risks in EUR/SEK over the coming months, with the focus on inflation and inflation...
Daily outlook for US rates market: Danske Bank
Feb 18, 2015 07:09 am UTC| Commentary
Quotes from Danske Bank: -In the US, yields continue to move. While some of the move in yesterdays session was probably driven by speculation Greeces government may seek an extension of its loan agreement, the key driver...
Feb 18, 2015 07:07 am UTC| Commentary
Quotes from Danske Bank: -In the UK the focus is on the ILO unemployment rate and the weekly earnings figures, which have been rising in recent months. In our view, future wage growth will be a key determinant of when the...