
Expectations fading for rate-cut in Korea
Sep 15, 2015 01:26 am UTC| Commentary
Market expectations for additional rate cuts are gradually fading. Government bond yields rose across the curve in the past few days after hitting the bottom on 10 Sep. In the interest rate swap market, the implied...

Brazil's reaction to the rating downgrade keeps us uncertain
Sep 15, 2015 00:09 am UTC| Commentary
Today, the economic team announced cuts in expenditures and new tax measures, aiming at reaching the 0.7% of GDP primary surplus target for 2016.The cut in expenditures is a necessary (but not sufficient) condition imposed...

Sep 14, 2015 23:09 pm UTC| Commentary
The September FOMC decision is the main event this week despite the fact that the markets have all but discounted a September lift-off by now, expecting the first Fed hike to come in December instead. Credit Agricole...
U.S. consumer prices likely stalled in August
Sep 14, 2015 22:57 pm UTC| Commentary
The Bureau of Labor Statistics (BLS) canvass of consumer goods and services prices will provide a final look at retail inflation before the Federal Open Market Committee (FOMC) begins their two-day deliberations...
Brazilian Real is Monday's top performer
Sep 14, 2015 22:52 pm UTC| Commentary
BRL was Mondays top performer, though the bounce is modest in the context of the last two weeks drubbing (USD/BRL: 3.82). In G10, AUD built on gains reaching 0.7150 - technical analysts argues a close above 0.7190 is...
Sep 14, 2015 16:00 pm UTC| Commentary
After a decline in unemployment to 5.1%, the labor market has shown some further improvement and looking at the employment leg of the Feds dual mandate, a case can be made for a September rate hike. However, the Fed is...

What a difference two weeks can make for CAD
Sep 14, 2015 15:51 pm UTC| Commentary
What a difference two weeks can make. If we look back to late August, Canadian activity data was beginning to show a slightly more positive turn, but oil prices were pressing to new lows and with that the market was nearly...