NZD/USD likely to reach 0.62 in coming months

Oct 27, 2015 05:40 am UTC| Commentary

The stall in dairy prices last week only slightly damaged the NZD and it has managed to remain inside a 0.6700-0.6900 consolidation range. The RBNZ may give the NZD a slight lift this week within that range. Over the next...

Fed policy-expectations driven rally in USD unlikely

Oct 27, 2015 05:35 am UTC| Commentary Central Banks

Fed is unlikely to tip its hand too strongly for or against a December rate increase leaving the immediate FX impact limited. However, external risks to US growth have incrementally reduced with the ECBs strong signal of...

S.Korea shows smaller trade surplus in September

Oct 27, 2015 05:33 am UTC| Commentary

South Koreas interim data released on 20th October points to weak exports and strong imports, which is reflected in our forecasts. The countrys exports are expected to decline from $43.5bn in September to $43.0bn in...

S.Korea's IP likely rebounded in September

Oct 27, 2015 05:25 am UTC| Commentary

South Koreas industrial production is expected to have rebounded rather significantly in September, mainly on the strength of non-electronics sectors such as auto. The pickup in electronics exports in the September trade...

October FOMC meeting to be a game changer?

Oct 27, 2015 05:23 am UTC| Commentary Central Banks

Next weeks FOMC meeting will be a game changer for front-end rates. Instead, the debt ceiling showdown in DC and the global risk sentiment after a dovish ECB and PBoC will likely take center stage. While it is far from...

Poland's new government's likely actions

Oct 27, 2015 05:20 am UTC| Commentary Central Banks

The new government in Poland will probably focus on the low income families and credit growth in the SMEs and infrastructure investment. It may impact GDP growth. However the total impact of quasi fiscal stimulus on demand...

Other central banks easing to push Fed closer to lift off?

Oct 27, 2015 05:17 am UTC| Commentary Central Banks

More interesting will be how the FOMC characterizes the recent global and financial developments, which arguably are not as acute as they may have seemed in September. They could note conditions have stabilized or even...