SEK: Inflection point fast approaching
Jun 14, 2015 21:41 pm UTC| Commentary
Swedish labour market data (Monday) and the Economic Tendency Survey (Wednesday) will be the key drivers for the SEK in the coming week and are expected to keep the upward momentum on the currency following last weeks...
AUD: RBA minutes likely to repeat willingness to cut but emphasize concern over Sydney house prices
Jun 14, 2015 21:33 pm UTC| Commentary
The RBA board minutes are due on Tuesday and they are expected to be dovish, given that the governor recently indicated that the RBA was willing to cut rates further.However, house prices remain an important hurdle to...
CAD: Inflation reading in focus
Jun 14, 2015 21:15 pm UTC| Commentary
USDCAD has been largely range-bound recently as Canadian interest rates have recoupled with US rates. USDCADs uptrend in late 2014-early 2015 corresponded with a divergence in economic prospects between US and Canada...
Jun 14, 2015 21:08 pm UTC| Commentary
The Bank of Japan (BoJ)s Monetary Policy Meeting (Friday) will be the focus of the week. Although no change is expected in the monetary policy, Governor Kurodas press conference will be closely watched, particularly with...
GBP: MPC Minutes; inflation, labour market and retail sales data
Jun 14, 2015 21:03 pm UTC| Commentary
The June BoE MPC minutes will be a key focus next week. Discussion is likely to centre on the poor growth start to this year and the consequent lack of urgency for rate hikes, particularly in the context of tight fiscal...
EUR: Greece to remain the focus
Jun 14, 2015 20:53 pm UTC| Commentary
Greek political developments will remain in focus this week, with the Eurogroup and EU finance ministers meetings on Thursday and Friday, respectively.However, it is important to note that these meetings will follow a...
USD: Watch for FOMC signals of a September rate hike
Jun 14, 2015 20:46 pm UTC| Commentary
Better than expected labor data and retail sales during the past couple of weeks are consistent with the view that the Fed will hike in September and that the market consensus/pricing continues to chase the improving US...