
Sep 24, 2015 08:04 am UTC| Commentary
Despite ultra-loose monetary policy in Sweden, the krona has struggled to weaken past 9.70 against the euro this year. The possibility that the ECB could extend or add more stimulus, combined with the uncertainty around...

Mexico posts impressive growth rate despite fall in IP
Sep 24, 2015 07:46 am UTC| Commentary
Mexicos economic activity has surprised to upside in recent months considering the slowdown in industrial production. While industrial production growth over past six months (including the July 2015 release) slowed to 1.0%...
BCB intervention likely to prevent BRL weakness?
Sep 24, 2015 07:40 am UTC| Commentary Central Banks
BCB finally intervened yesterday to stem the pace of BRL depreciation by auctioning 20,000 contracts (2 bln USD notional value) of FX swaps. In truth, BCB had little alternative, USD-BRL traded above 4.14 whilst...
EUR-CZK volatile ahead of today’s CNB meeting
Sep 24, 2015 07:36 am UTC| Commentary
EUR-CZK has jumped to 27,20 ahead of todays CNB meeting. Does the market sense that a change in monetary policy is coming today? Such perception may have been fuelled by remarks made by dovish board members, Mr Lizal in...
Due to Norge's dovish tone, NOK gains likely to be short-lived?
Sep 24, 2015 07:34 am UTC| Commentary
NOK is weaker than Norges Bank expected. And this offers new possibilities of keeping its powder dry . The import weighted exchange rate (I44) is currently roughly 3.5% weaker than Norges Bank projected in its Monetary...
ECB should carefully assess current risks
Sep 24, 2015 07:34 am UTC| Commentary
ECB President Mario Draghi stuck to his line in the EU parliament yesterday. Of course if uncertainty leads to unwarranted effects and risks rise the ECB will react immediately. However, at present it is still too early...
Non-OPEC oil production will decline by 0.5 mb/d next year
Sep 24, 2015 07:25 am UTC| Commentary
Short-term sentiment aside, crude oils supply-side news over the past month could be perceived as constructive for crude oil. US production fell for a sixth consecutive week to 9.12 mb/d through 11th September. This...