EUR/SEK likely to depreciate modestly

Oct 05, 2015 03:55 am UTC| Commentary

Despite softer-than-expected Swedens Manufacturing PMI data, the SEK remained well-supported last week, which however continue to set Sweden apart relative to its European peers. For this week, market participants expect...

World Bank downgrades China GDP growth forecasts

Oct 05, 2015 03:55 am UTC| Commentary

Economic projections for China and other parts of Asia were lowered by the World Bank on Monday, but with a greater degree of uncertainty surrounding the organizations forecasts.Chinas economy is expected to grow some 6.9%...

Canada awaiting elections, loonie to stay range bound

Oct 05, 2015 03:51 am UTC| Commentary

Canadas political campaign enters its last two weeks with polls signaling a close three-horse race among the main parties, with Conservatives holding a slight lead over Liberals and NDP. The campaign has been focused on...

Further BoJ easing likely in October

Oct 05, 2015 03:45 am UTC| Commentary

Deteriorating growth and weakening inflation outlook in Japan increased the pressure for the BoJ to act early. Indeed, BoJ easing is expected in the 30 October 2015 meeting from the April 2016 meeting due to the downward...

BoE likely on hold

Oct 05, 2015 03:40 am UTC| Commentary

The BoE is likely to keep the Bank Rate and asset purchase decision unchanged at its October meeting. However, The tone of the MPC from the release of the policy minutes could sound on the hawkish side to some, as the MPC...

Further ECB easing likely in October

Oct 05, 2015 03:36 am UTC| Commentary

Although President Draghi said during his QA that a rate cut had not been discussed, the market will likely scrutinize any statement regarding the lower bound for interest rates, as a cut in the rate of the deposit...

First US Fed rate hike likely in March 2016

Oct 05, 2015 03:26 am UTC| Commentary

After last weeks NFP report, the US economy is one of the few capable of generating inflation due to a relative tight labor market. The recent developments globally pose greater risks to the economic recovery in Europe,...