FX Market Review: Societe Generale

Mar 17, 2015 07:51 am UTC| Commentary

EUR/USD: 1.0552 - 1.0599 overnight range. Run of negative US data surprises (see chart) lifts spot back towards 1.06 handle but short EUR covering will depend on the FOMC tomorrow. EZ final CPI and German ZEW in focus...

India's disinflationary trend and fiscal indiscipline could raise India’s debt weight

Mar 17, 2015 07:49 am UTC| Commentary

For an economy that is officially expected to grow at 8.5% during FY16, up from 7.4%forecast for FY15, it might appear strange that the government aims to provide fiscalstimulus.However, the new Indias GDP series has...

EUR/NOK Strategy: Danske Bank

Mar 17, 2015 07:38 am UTC| Commentary

EUR/NOK to bounce around the NB meeting before a trend lower in the cross constitutes. Leverage funds should look to sell EUR/NOK post the NB meeting. Corporates should hedge NOK income via option structures that maintain...

Norges Bank likely to deliver a 25bp rate cut

Mar 17, 2015 07:36 am UTC| Commentary

The wage growth in Norway ended up weaker than expected in 2014 and signalsfrom the labour market organisations point to a moderate wage settlement this year.Global rates have dropped since the December report, adding...

Germany's ZEW economic sentiment to keep rising

Mar 17, 2015 07:29 am UTC| Commentary

For a fifth straight month, the ZEW investor economic sentiment indicator is expected to rise strongly in March, to 59.4, on the positive winds blowing in Germany. This is turn is on the back of low oil prices, a weak euro...

Final February euro-area HICP inflation to confirm flash estimates at -0.3% yoy

Mar 17, 2015 07:27 am UTC| Commentary

Euro-area flash HICP inflation printed in negative territory at -0.3% yoy in February while the core component remained stable 0.6% yoy. Food, alcohol and tobacco rose from -0.1% yoy to 0.5% yoy, adding 12 bp to the...

U.S. Day Ahead- Lloyd Bank

Mar 17, 2015 07:23 am UTC| Commentary

Lloyds Bank notes the U.S day ahead as follows:In the US, while primary attention this week remains on tomorrows FOMC announcement, todays housing data should provide some minor distraction. In January, the annual rate of...