Dollar Weakens Against Other Major Currencies After Downbeat Consumer Confidence: Jun 1, 2016 Market Review - 31/05/2016 23:10GMT Dollar weakens against other major currencies after downbeat consumer confidence The greenback weakened against other major currencies on Tuesday after U.S...
APAC Currency Corner – Brexit fallout During the past twelve months, investors have built a towering wall of worry around themselves as they brood about everything from a global economic slowdown to collapsing oil prices. Now we have a possible Brexit on the horizon...
ECB Preview: No Material Changes - Rabobank According to market consensus, the European Central Bank will leave monetary policy unchanged on Thursday. Analysts from Rabobank expect to material changes in ECB’s staff projections...
Has ECB s Easing Stimulated Inflation? EUR/AUD Puzzles Between ECB and RBA Due today, money supply growth in the euro area probably will have quickened to 5...
ECB Preview: Time to Stay Put – Danske Bank Senior Analyst, Pernille Bomholdt Henneberg at Danske Bank, expects the ECB to maintain its patient stance at the meeting this week and not send any new signals about more easing...
Busy Week Ahead - Investec Research Team at Investec, suggests that with London out yesterday for the Spring bank holiday, and the US on holiday for Memorial Day, yesterday was a quiet start to what will be a busy week for financial markets...
EM Currencies to Remain Susceptible in the Run Up to the Fed Fed Chairwoman Janet Yellen in a speech at a panel discussion at Harvard University on Friday said that the central bank would “probably” raise interest rates in the coming months if the U.S. economy keeps gaining strength...
ECB Risks Remain Tilted Toward Further Easing - Wells Fargo Analysts from Wells Fargo expect the European Central Bank (ECB) to leave monetary policy unchanged in the near term and recognize that risks remain tilted toward further easing...
ECB to Maintain Its Patient Stance - Danske Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank affirmed that they expect the European Central Bank (ECB) to maintain its patient stance on Thursday...
Brexit Fears Eased Further This Week News this week In general, opinion polls continue to indicate a close race, with ‘remain' slightly ahead...
NZD: Resistant to Local Factors - ANZ Research Team at ANZ, suggests that the NZD remains a strong currency despite signs of hardship within the NZ dairy sector...
CAD: Bank of Canada in Wait-and-See Mode – Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank. Suggests that economic risks resulting from the lower oil price had prompted the Bank of Canada (BoC) to lower key interest rates to 0...
AUD: Vulnerabilities to Remain – ANZ Research Team at ANZ, suggests that impending risks are not fully priced into the AUD and they continue to forecast a lower AUD by year end. Key Quotes “The AUD has sold-off sharply over the last month...
USD: New Phase in the Appreciation Cycle – ANZ Daniel Been, Senior FX Strategist at ANZ, suggests that the dollar is back as the recalibration of Fed rate hike expectations drove a sharp recovery in US real yields and a broad USD rally has taken hold...
ECB Could Take a Further Step This Year - Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that as core inflation should tend to disappoint the ECB and the euro looks set to continue appreciating, we expect the central bank to ease its monetary policy again later this year...
Japan Abe Set to Delay Sales Tax Hike, Meet with Aso to Discuss - Govt Sources Reuters reporting headlines quoting government sources, Japan’s PM Abe is likely to announce a delay in the sales tax hike and will hold a meeting with finance minister Aso in coming days to discuss the same...
Another Bremain Positive Poll Lifts GBP: New Lows Against the EUR, Bid Tone in the USD Limits Cable GBP provided the early volatility in the FX markets, as the latest EU poll from Telegraph/ORB continued show the ‘remain’ camp extending their lead – Tory voters and older generations moving back o...
NZD: China Risks – BNZ Jason Wong, Currency Strategist at BNZ, suggests that the outlook for China remains a key source of downside risk for the NZD. Key Quotes “Debt levels in China are rising at an unsustainable pace and ultimately represent a hand-brake on growth...
AUD: How High Can 3s Trade? – RBC CM Research Team at RBC Capital Markets, notes that the Australian 3s have shifted into higher trading range and will be well supported back towards cash. Key Quotes “Recent history suggests that 3s can test 40bp through (1.35% / 98.65 on 3y futures...
