Japan's trade deficit likely widened in January: Standard Chartered

Feb 18, 2015 06:35 am UTC| Commentary

Quotes from Standard Chartered: -Japan will release January trade data on 19 February. We estimate that the trade deficit widened to JPY 1.95tn from JPY 665bn in December. -Historically, Japans trade balance has...

AUD review

Feb 18, 2015 06:32 am UTC| Commentary

Quotes from RBC Capital Markets: -AUD/USD continues to lurk around recent highs and was 0.7820-25 at the time of writing. RBA board member Edwards gave an interview overnight in which he said that the drop in the A$ has...

CHF review

Feb 18, 2015 06:31 am UTC| Commentary

Quotes from RBC Capital Markets: -EUR/CHF dipped briefly from 1.0670 to 1.0635-40 on thin air. Earlier, the SNBs Jordan warned that his employer will be "active in the foreign exchange market, should this prove necessary...

GBP review

Feb 18, 2015 06:31 am UTC| Commentary

Quotes from RBC Capital Markets: -GBP: We look for 9-0 votes on both Bank Rate and QE after Weale and McCafferty dropped their hawkish dissent last time. The Governor used the February IR to reiterate that the next move...

JPY review

Feb 18, 2015 06:30 am UTC| Commentary

Quotes from RBC Capital Markets: -USD/JPY settled ~20pts lower at 119.10 post-BoJ but did spike as low as 118.85-90 as the headlines hit. As was flagged in domestic media, it revised higher its outlook on both exports and...

USD review

Feb 18, 2015 06:29 am UTC| Commentary

Quotes from RBC Capital Markets: -USD: Our US economists argue that the focus on the addition of "international" to the FOMC statement overshadowed significant upgrades to the broader backdrop (including the labour market...

EUR review

Feb 18, 2015 06:28 am UTC| Commentary

Quotes from RBC Capital Markets: -EUR: There have been few further developments to yesterdays news that Greece would request an extension to its loans under the conditions previously put forward by Moscovici (and rejected...