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  • 28-May – US surprise indices may have troughed - Updated Wed May 27, 2015

    Top 3 data/events • Indonesia – Inflation likely accelerated in May • FX – We raise USD-LKR and lower USD-BDT forecasts • Japan – Core inflation likely remained 0%; IP may have edged up • Market focus • Second Q1 GDP print may be a painful rem...

  • 26 May – India – Modi’s first year: Targeting reforms - Updated Mon May 25, 2015

    Top 3 data/events • Taiwan – April monitoring indicators index likely remained in ‘yellow-blue’ zone • Japan – Retail sales likely improved m/m in April • Korea – We expect April IP to have improved • Market focus • India’s government has take...

  • 22-May – Selectively receive EM Asia rates - Updated Thu May 21, 2015

    Top 3 data/events • Singapore – Prices may have continued to fall in April • Taiwan – We forecast slower IP growth in April on weak export sales • Japan – Trade balance likely turned negative again in April • Market focus • EM/DM yield spread w...

  • 21-May – BoJ likely to remain on hold in May - Updated Wed May 20, 2015

    Top 3 data/events • Malaysia – GST to boost full-year inflation • Germany – IFO index likely to maintain its upward momentum • Brazil – A bumpy road for fiscal adjustment, but in the right direction • Market focus • We expect the BoJ to remain...

  • 15-May – Bank Indonesia likely to lower BI rate - Updated Thu May 14, 2015

    Top 3 data/events • Japan – Machinery orders likely improved slightly in March • Thailand – Faltering exports may have dragged down Q1 growth • Ghana – BoG policy rate may remain elevated for longer than expected • Market focus • We expect BI ...

  • 14-May – BoK likely to keep base rate on hold - Updated Wed May 13, 2015

    Top 3 data/events • Japan – CGPI may have contracted as the sales-tax effect faded • Hong Kong – We expect downside risks to Q1 GDP growth • Latam – We expect the BCCh and BCRP to keep rates unchanged • Market focus • We expect no BoK rate cut...

  • 12-May – China’s growth was likely weak in April [Correction] - Updated Tue May 12, 2015

    Top 3 data/events • Japan – C/A surplus likely reached a record high in March • Euro area – We expect GDP to have been buoyant in Q1 • Ghana – Monetary policy committee likely to hold prime rate at 21% • Market focus • April growth indices were...

  • 05-May – BNM is likely to keep rates on hold - Updated Mon May 4, 2015

    Top 3 data/events • BoJ minutes to shed light on Kiuchi’s proposal • New Zealand – Unemployment rate likely fell to 5.5% • US – Before payrolls, markets likely to listen carefully to Chair Yellen • Market focus • BNM is likely to keep the poli...

  • 28-Apr – BoT likely to keep policy rate on hold - Updated Mon April 27, 2015

    Top 3 data/events • New Zealand – RBNZ likely to keep the cash rate at 3.50% in April • Japan – We expect the BoJ to ease further on 30 April • Euro area – Consumer confidence likely dipped in April • Market focus • We believe the BoT will kee...

  • 27-Apr – Weak US Q1 growth may stump the Fed - Updated Sun April 26, 2015

    Top 3 data/events • Philippines – Trade balance likely improved on sluggish import growth • Japan – Retail sales probably weakened y/y in March on a high base • UK – Consumption to drive growth, investment under pressure • Market focus • We t...



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28-May – US surprise indices may have...

Top 3 data/events • Indonesia – Inflation likely accelerated in May • FX – We raise USD-LKR and lower USD-BDT forecasts • Japan – Core inflation likely remained 0%; IP may have edged up • Market focus • Second Q1 GDP print may be a painful reminder of data weakness • We still expect a...

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