Forex Forecast
UBS Morning Adviser
Yesterday onshore USDCNY crossed 6.2650 intraday; 1.74% above fixing Until recently USDCNY spot has stayed slightly above 1% from official fixing,
UBS Morning Adviser
No change to the QQE target The Bank of Japan’s overnight decision reaffirmed the existing policy stance,
UBS Morning Adviser
Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.
UBS Morning Adviser
Basis swap landmark reached for euro, but is resilience now a hindrance? Last week the 1y EUR/USD basis swap traded above zero for the first time post crisis.
Australian Markets Weekly – A Budget for the Ages
Ahead of the upcoming 13 May Budget, there will be considerable interest in the Commission of Audit’s findings that are being released Thursday.
Weekly Commentary
Last week the Reserve Bank increased the OCR a secondtime to 3.00%, as was unanimously expected by economistsand financial markets.
UBS Morning Adviser
PBOC will remain active in China rates market, but volatility will persist As financial reform in China continues, the People’s Bank of China (PBOC) faces the challenging task of a smooth transition in interbank and FX markets.
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
UBS Morning Adviser
Is NZD going down the AUD route already with its China exposure? Much has been made of the RBA’s China focus over the last few years.
UBS Morning Adviser
Rates are helpful in places, not as hurtful in others As bumpy as the road may be, there is a realisation that the majority of G10 economies are well on the mend.
UBS Morning Adviser
Lessons from the US Treasury Department on competitive devaluations Yesterday the US Treasury firmed its position on weaker CNY in its semi-annual