Forex Forecast
UBS Morning Adviser
ECB Over-positioned? The euro’s limited rebound on Monday suggests that markets are squarely behind expectations for a material ECB policy signal.
UBS Morning Adviser
AUD: Immediate Outlook Benign RBA Governor Stevens made full use of last week’s speech to talk down the Australian dollar,
Weekly Commentary
Thursday’s October OCR Review by the Reserve Bank wasthe focus for markets last week. As expected, the OCRremained unchanged at 2.5% and
UBS Morning Adviser
Sterling Flows Evolving Despite the UK’s own fiscal challenges and the BoE’s current absence from the gilt market,
UBS Morning Adviser
EUR: The New Yen? The euro and the ‘old’ yen (pre-Governor Kuroda) are becoming more alike, and today’s dataflow could invite even closer comparisons between the two.
UBS Morning Adviser
A Lone Hawk Remains Until last week, only two G10 central banks stood ready to tighten. But the Bank of Canada has since dropped its tightening bias
UBS Morning Adviser
Dovishness Overpriced? This week seems to be getting off to a slow start and on the face of it for good reason: the Fed and BoJ are to
Weekly Commentary
Living in New Zealand comes back into fashion The New Zealand economy is quite volatile compared to others in the OECD.
Low for longer’ still applies in Scandinavia
After last week’s rather uneventful Riksbank meeting, we keep our view that the Swedish money market will continue to price the Riksbank ‘low for longer’ and
UBS Morning Adviser
Sceptical Of AUDNZD Bounce We have been short AUDNZD in one form or another since Feb 1st, and remain so despite signs that further downside may take even longer to materialise.
Australian Markets Weekly
This last week’s inflation reading for the so-called headlinerate, that rose a higher-than-expected 1.2%, receivedsomething of a splash across the market wires and financialpress.
UBS Morning Adviser
ECB Tolerance Tests Headlines regarding the upcoming ECB asset quality review and stress tests have started to attract investor attention,