
China’s FX reserves and macro data to be closely scrutinized
Sep 06, 2015 23:20 pm UTC| Commentary
Recent stability in the CNY is helping to stabilize other EM Asian currencies, although weak risk sentiment and commodity prices are exerting downward pressures on higher beta currencies such as the KRW, MYR and the IDR....

Dovish MPC to support recent Sterling weakness
Sep 06, 2015 23:14 pm UTC| Commentary Central Banks
Sterling has been one of the poorest performing G10 currencies since the BoE6 AugustInflation Report. The currency has depreciated about 2% against the USD and 3.6% against the EUR, with only the NZD and AUD weakening...

Market to continue to contemplate further ECB QE
Sep 06, 2015 23:11 pm UTC| Commentary
In a quiet data week, the FX market is likely to continue to contemplate further ECB QE, given recent Chinese growth concerns and falls in market-based measures of euro area inflation expectations. The ECB opened the...
What to expect in the week ahead in the FX markets
Sep 06, 2015 23:04 pm UTC| Commentary
Global policymakers will remain at the forefront of attention in the coming week and continue to steer FX markets.Three G10 (BoE, RBNZ and BoC) and several EM central banks will be setting policy next week and are broadly...
Russia inflation pass-through returns
Sep 04, 2015 17:03 pm UTC| Commentary
Russia inflation accelerated in August to 15.8% y/y from 15.6% in July, above forecast and the consensus. This represents an important momentum change . Inflation had previously been on a downward trend. It peaked in March...

Canadian economy added a respectable 12K jobs in August, with positive details
Sep 04, 2015 16:56 pm UTC| Commentary Economy
Canadas economy gained 12K net new jobs in August, but the unemployment rate edged up to 7.0% as more people searched for work.The headline gain was driven by a big jump in full-time jobs (+54K), largely offset by losses...
U.S. August employment report not overly reassuring for the Fed
Sep 04, 2015 16:35 pm UTC| Commentary
Non-farm payrolls increased by 173k in August, well shy of expectations for a 217k gain. Still, revisions to the previous two months added 30k and 14k to July and June numbers, respectively.Private payrolls rose by 140k,...