UK rates review

Oct 22, 2015 00:45 am UTC| Commentary

UK government bond yields appear to be stuck around an inflexion point - undecided whether to fall in response to emerging market concerns, or rise due to still solid domestic demand growth and emerging capacity...

USD/SEK Outlook

Oct 22, 2015 00:21 am UTC| Commentary

The Swedish Krone has very much been taking its lead from domestic data. Headline inflation for September was firmer than August, at 0.1%, leading to an upward move in rates. However, uncertainty regarding the path of ECB...

Attention now turns to the ECB

Oct 22, 2015 00:15 am UTC| Commentary Central Banks

Very few expect ECB to act today, most see a decision coming in December or January. But markets are highly sensitive to hints and Draghi is bound to be pressed on it by journalists. Some argue that QE is worsening the...

EUR/CHF Outlook

Oct 21, 2015 23:45 pm UTC| Commentary

The increased probability of more QE from the ECB has lifted the euro marginal versus the franc to 1.07829 - its strongest level since early September. Further QE-related strength in the franc could pose a challenge for...

Bank of Canada kept rates on hold as widely expected

Oct 21, 2015 23:30 pm UTC| Commentary Central Banks

The BoC statement had a dovish slant (with the output gap now not expected to close until mid-2017) although it also showed no signs of wanting to cut rates further. In the press conference, Poloz went out of his way to...

Brazil Copom: Convergence of inflation pushed forward

Oct 21, 2015 23:18 pm UTC| Commentary Central Banks

The Copom decided this evening to keep the Selic interest rate at 14.25%, unanimously, given the macroeconomic outlook, inflation perspectives, and the current balance of risks. There are two differences in the...

NZD/USD Outlook

Oct 21, 2015 22:51 pm UTC| Commentary

The New Zealand dollar has been the best-performing G10 currency over the last month. Market expectations of another 25 bps interest rate cut from the central bank- the fourth consecutive cut and possibly the last - have...