Feb 25, 2015 06:27 am UTC| Commentary
Quotes from RBC Capital Markets: -CAD: The key takeaway from Polozs speech was that another rate cut does not appear imminent. The main phrase was that "the downside risk insurance from the interest rate cut buys us some...
Feb 25, 2015 06:26 am UTC| Commentary
Quotes from RBC Capital Markets: -USD: The overarching message from Yellens first day of testimony was essentially neutral, with the key point being that the Fed wants some flexibility around the forward guidance...
Daily outlook for AUD/NZD: Westpac
Feb 24, 2015 19:51 pm UTC| Commentary
Quotes from Westpac Research:- AUD/NZD 1 day: The bounced above the 1.0301 record low is now three days old and showing signs of persistence. Pullbacks should be contained by 1.0420, with the upsides 1.0480 vulnerable.-...
Daily outlook for NZD/USD: Westpac
Feb 24, 2015 19:50 pm UTC| Commentary
Quotes from Westpac Research:- NZD/USD 1 day: The downside is vulnerable, we target 0.7420. The currency market has deemed the RBNZ inflation report more dovish for monetary policy than the interest rate market which...
Daily outlook for AUD/USD: Westpac
Feb 24, 2015 19:50 pm UTC| Commentary
Quotes from Westpac Research:- AUD/USD 1 day: A slight upward bias today towards 0.7850. Australian wage inflation and the China PMI are risks today.- AUD/USD 1-3 month: Falling AU interest rates and commodity prices, and...
Hong Kong GDP growth likely to have slowed again in Q4 14: Capital Economics
Feb 24, 2015 19:46 pm UTC| Commentary
Quotes from Capital Economics:- GDP growth in Hong Kong, which rebounded in Q3 after a very weak first half, is likely to have slowed again in the final quarter of 2014. We have pencilled in 2.2% y/y.- There has been...
China's headline manufacturing PMI index likely to fall to 49.4 from 49.7 in Jan: Capital Economics
Feb 24, 2015 19:39 pm UTC| Commentary
Quotes from Capital Economics:- Like all Chinese data in the first quarter of the year, flash manufacturing PMI (01.45 GMT) figures will be affected by distortions related to the shift in timing of Lunar New Year.- But...