
Norwegian budget points to slightly higher NGB issuance
Oct 08, 2015 07:01 am UTC| Commentary
Norway government presented its budget for 2016 today. It points to 54bn issuance of NGBs next year, slightly higher than the 50bn of issuance will be seen this year.The governments funding need stems from various lending...
Oct 08, 2015 07:00 am UTC| Commentary
Following the Feds hesitant approach the tension about a Bank of England rate decision has also eased. Nobody expects the BoE to go it alone."The market has since postponed a first rate hike to 2017. It will nonetheless...
Tailwind for USD from FOMC minutes?
Oct 08, 2015 06:57 am UTC| Commentary
Emerging Markets on the up, general risk on sentiment and now the IMF even recommends that the Fed should wait a little before hiking rates. Not just the Fed Funds Futures demonstrate that the market is getting...
Oct 08, 2015 06:55 am UTC| Commentary
For the fourth day in a row BRL appreciated yesterday, despite the publication of worse than expected inflation data for September, which printed at 9.31% yoy. When it comes to CPI data what matters is the reaction...
Oct 08, 2015 06:50 am UTC| Commentary
Chinas onshore market re-opens today after one week Golden Week holiday. PBoC set USD-CNY fixing rate at 6.3505 this morning, compared with 6.3613 one week ago.As USD-CNH lowered significantly to 6.34 hurdle during the...
Czech Republic's real sector indicators disappoint
Oct 08, 2015 06:46 am UTC| Commentary
Czech Republics monthly indicators for August turned out to be weaker-than-expected. Industrial output of the country increased by 6.3%y/y vs. 9.1% consensus expectation; construction activity decelerated from 12.3%y/y to...
Reform progress key to IDR in next 6 months
Oct 08, 2015 06:15 am UTC| Commentary
Indonesias President Widodo continues to struggle within Parliament, not least because of his coalitions lack of a majority and underperforming ministers, despite a Cabinet reshuffle.This is preventing meaningful progress...