With the moves in currency markets being driven by higher core yields on Monday, it is unsurprising to see both the US dollar outperforming and consistent pressure on the Japanese Yen. USDJPY (+0.80%) ...
Economic activity data for August will be published tomorrow, with consensus for no change in GDP over the month (vs. +0.58% m/m in July) and for annual growth to slow to 0.8% y/y, from 3.78%.JP ...
Ongoing comments from Fed’s Kashkari who reiterates the Federal Reserve definitely wants to avoid a recession and that it was the signs of the labor market weakening that prompted the decision to cut ...
The EIB has approved a €120mn loan to Iberdrola for research and innovation projects to accelerate energy sector decarbonisation, supporting development in solar, wind and hydropower, it ...
For the remainder of this year Banorte estimate that Banxico will reduce its benchmark rate in November and December meetings with 25bp cuts to close the year at 10.00%. Amid the monetary easing cycle ...
WTI is now priced out of Europe where a glut of light sweet crude and price drops in competing grades vs Forties are adding pressure in northwest Europe, according to Sparta Commodities cited by ...
BFollows a $616.2mn deficit in July"*COLOMBIA AUG. IMPORTS $5.533B; EST. $5.372B" - BBG ...
No tangible reaction in gilts and SONIA as BoE MPC member Greene reaffirms her hawkish leanings.Her latest FT column concluded with “given these risks, I believe a cautious, gradual approach to ...
The National Bank of Hungary is expected to hold key interest rates when it meets on Tuesday, following a deterioration in ...
CIBC says that on-going fiscal concerns, fuelled by the lack of a concrete action plan to reduce expenditures, are keeping the market on its toes. Nonetheless, they note that the government has ...
Despite the pullback to 19.65 on Friday, USDMXN has recovered significantly, and the pair has printed above last week’s peak in recent trade, reaching a high of 20.0350. Strength for broad dollar ...
Scotiabank believes that last week’s better-than-expected August economic activity data mean that BanRep will not be in a hurry to accelerate the easing cycle. They continue to think that there are ...