US EIA lowers forecast for global oil demand and US oil production
Sep 10, 2015 09:23 am UTC| Commentary
Yesterday oil prices continued along the zigzag course they have been following since the beginning of the week. Falling US equity markets ensured that prices came under pressure in the afternoon and ultimately closed...
Czech koruna gets support of solid fundamentals
Sep 10, 2015 09:12 am UTC| Commentary
In the long-term, the Czech koruna is expected to continue to test the EUR/CZK floor of 27.0 on the back of solid fundamentals. RBC Capital Markets notes the consensus estimation, the countrys economy is expected to grow...
EUR/CZK tests floor (Monthly Outlook, 1-3 month)
Sep 10, 2015 08:47 am UTC| Commentary
CNB is likely to remain dovish and committed to its EUR/CZK floor of 27.00. In the past month, the Czech koruna has continued to test the floor. In conjunction with lower oil prices, a stronger koruna adds deflationary...
Caution about rapid SEK appreciation
Sep 10, 2015 08:20 am UTC| Commentary
Riksbank made it very clear last week that it is prepared to do anything - even monetary policy easing between official meetings. So if inflation surprises on the downside today with the krona continuing to rise we urge...

Norges Bank to leave bank rates unchanged
Sep 10, 2015 08:11 am UTC| Commentary
Norways August data is historically very volatile. However since Norges Banks last rate meeting (18th June) the krone has depreciated by approx. 6% (peaking at 10%) which should start to be reflected in the inflation rate...
Higher beta EM currencies to trade with weak bias
Sep 10, 2015 07:57 am UTC| Commentary
Market participants were given a painful, if instructive, lesson in the importance of general conditions with USD-ZAR yesterday. Risk sentiment improved during the morning session due to the prospect of increasing Chinese...

BoE to focus on strengthening domestic economy
Sep 10, 2015 07:18 am UTC| Commentary
The U.K PMI continued its fall in August, inflation remains stubbornly close to zero percent, industrial production is limping and the trade deficit is expanding. In addition there are the external developments surrounding...