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  • 20-May – ECB comments to offset any PMI pick-up - Updated Tue May 19, 2015

    Top 3 data/events • China – SAFE data shows FX demand, but stability still favoured • Hong Kong – Inflation likely to have edged lower in April • South Africa – We see the SARB as hawkish, but on hold • Market focus • Euro-area economy is stro...

  • 18-May – MPC to focus on Nigeria FX decision - Updated Sun May 17, 2015

    Top 3 data/events • Euro area – CPI likely to match flash at 0.0% y/y • UK – CPI inflation likely turned negative in April • Mexico – Banxico biding its time • Market focus • Nigeria MPC to announce monetary policy decision on Tuesday 19 May ...

  • 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 ...

  • 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...

  • 25-Mar – Reading SARB signals - Updated Tue March 24, 2015

    Top 3 data/events • Hong Kong – February export data likely distorted by Lunar New Year • Singapore – We expect IP to have contracted in January-February • Euro area – Pick-up in credit cycle likely continued in February • Market focus • We ...

  • 17-Mar – Further SSA currency weakness likely - Updated Mon March 16, 2015

    Top 3 data/events • Japan – Trade data likely disappointed in February • Malaysia – We expect inflation to have slowed further in February • UK – We expect unanimous MPC and robust labour-market data • Market focus • USD-NGN is likely to adjus...

  • 16-Mar – BoJ will likely move in April not March - Updated Sun March 15, 2015

    Top 3 data/events • Singapore - We expect modest NODX growth in January-February • Turkey – CBRT will likely keep rates unchanged • South Africa – C/A deficit to highlight ongoing vulnerability • Market focus • We expect no BoJ easing at the 16...

  • 25-Feb – CNY’s sheepish start to the Year of the Goat - Updated Tue February 24, 2015

    Top 3 data/events • Hong Kong – January exports probably stayed soft • Kenya – CBK expected to keep rates on hold, despite deflation • Japan – Key January data to show recovery; inflation likely slowed • Market focus • China’s onshore FX marke...

  • 17-Feb – The Asian central bank road-show - Updated Mon February 16, 2015

    Top 3 data/events • Japan – BoJ likely to stay put at the February meeting • Malaysia – Inflation likely to remain benign for now • Ghana – MPC expected to leave interest rates unchanged • Market focus • Asian central banks remain constructive...

  • 28-Jan – ‘Patient’ Fed watches the data - Updated Tue January 27, 2015

    Top 3 data/events • New Zealand – RBNZ expected to keep cash rate unchanged at 3.50% • Philippines – Q4 GDP growth rebound expected after disappointing Q3 • South Africa – MPC to clarify tightening intent • Market focus • We expect little chan...



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20-May – ECB comments to offset any PMI...

Top 3 data/events • China – SAFE data shows FX demand, but stability still favoured • Hong Kong – Inflation likely to have edged lower in April • South Africa – We see the SARB as hawkish, but on hold • Market focus • Euro-area economy is strong, but some headwinds are returning • PMIs...

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