Another firm labour report expected from the US tonight
Aug 06, 2015 21:47 pm UTC| Commentary
Another firm labour report expected from the US tonight. After the very strong ISM non-manuf. employment index earlier this week, consensus expectations are for a robust print as well. "For NFP, RBC is calling for 210k...
RBA’s statement on monetary policy is out today
Aug 06, 2015 21:39 pm UTC| Commentary
In this mornings SOMP the market will be looking for some detail on why the Bank dropped its usual reference to the exchange rate in this weeks policy statement. For the updated forecasts, much change not expected in the...

EEMEA: Foreign bond holders are less dominant now
Aug 06, 2015 21:12 pm UTC| Commentary
Foreign bond holders in local debt markets of EEMEA have significantly reduced their ownership shares in most countries. The most significant drops are in Hungary (from a high of more than 40% ownership to below 30% now)...

EM reconnects with US rates volatility
Aug 06, 2015 21:02 pm UTC| Commentary
After a brief period of exuberance sparked by ECB announcing its QE program in early 2015, EM FX behavior is increasingly re-coupling with US rates volatility. A breakdown of key EM FX returns suggests that the proportion...

Bank of England Review: Dovish BoE due to strong sterling and lower oil price
Aug 06, 2015 20:47 pm UTC| Commentary
The members of the Monetary Policy Committee (MPC) were divided on whether or not to raise interest rates immediately. The split vote was 8-1 as Ian McCafferty voted in favour of increasing the Bank Rate by 25bp. However,...
Brazil Copom meeting minutes: Doors are almost closed for further hikes
Aug 06, 2015 16:22 pm UTC| Commentary
The Copom meeting minutes released earlier today confirmed post-decision statement last week, of no further hikes. After hiking the Selic rate to 14.25%, the Copom said that keeping it at these levels would be necessary to...
What to watch for in the US jobs report
Aug 06, 2015 16:07 pm UTC| Commentary
On Friday the U.S. Labor Department will release Julys employment report. Economists are predicting nonfarm payrolls to grow by 215K and unemployment to remain the current 5.3 percent. There are a couple key ideas to keep...