
Indonesian Rupiah monthly outlook
Sep 09, 2015 08:05 am UTC| Commentary
IDR was one of the worst performers in AXJ in August, falling by 3.96% against the USD. IDR has fallen at a much faster pace and unlikely to continue the underperformance, says RBC Capital Markets. Consensus expects BI to...
Sep 09, 2015 07:33 am UTC| Commentary Central Banks
The sharp rise in oil prices off their lows over the past 10 days, better-than-expected Q2 GDP print, a second trade balance beat driven by strong non-energy exports likely reduces the risks of a September cut, as noted...
CNB intervened by c.EUR 4.3bn during July-August
Sep 09, 2015 07:29 am UTC| Commentary
The Czech National Bank published FX reserve data for August and intervention data for July yesterday. The countrys FX reserves were up by a sharp $5.4bn in August and the CB disclosed that it had intervened by around EUR...
BOC's policy divergence to support USD/CAD rates widening
Sep 09, 2015 07:28 am UTC| Commentary
A little market reaction is expected to the BOC announcement this week. Following stronger-than-expected Q2 GDP report, the market sees only a small chance of a September cut, especially given the absence of MPR and...
No signals on future policy from BOC
Sep 09, 2015 07:25 am UTC| Commentary
Since there is no press conference or Monetary Policy Report, the policy statement will be the only communication tool for the BoC to convey any shifts in stance. There will not likely be much new information to chew...

RBNZ to cut key rate further on China risks
Sep 09, 2015 07:19 am UTC| Commentary Central Banks
New Zealands most important trade partner is China where economic developments look a lot less encouraging. That means mainly one thing for the RBNZ: it has to bank even further on a weak NZD so as to compensate for weaker...

Will China stimulate the economy?
Sep 09, 2015 07:19 am UTC| Commentary
This is a hot topic especially after China released weak trade figures yesterday. Obviously, one can always argue that a stimulus at some point is necessary to turn around the market expectation and boost confidence. The...