Tag Archives: PLN
FX Quant Fund Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
FX Quant Fund Positioning Data
The Societe Generale FX Enhanced Risk Premia strategy has kept its pro-risk positioning over the week.
FX Daily: Back the EM Bounce
We think there is little prospect of recent country-specific crises spilling overinto other EM or DM markets.
Poland: This is the end
The Polish central bank cut the key policy rate by 25 bps to fresh record low level of 2.50%.
Emerging Markets Briefer
Cyprus, Hungary and global monetary accommodation Just as the global economy looked as if it was emerging from the Great Recession and investor confidence was returning, things turned negative.
Will Fed and BoJ save us from Hungary and Cyprus?
Just as it looked as though the global economy was on the way out of the great recession and investor confidence was returning, things turned negative.
FX G10/EM Morning Trader Views
EUR – Whipping around on a 1.29 handle with a stop run to 1.2972 in asia but still opens up in ldn soft around this 1.2915 lvl. Feels like the unresolved issues in greece weighing on the eur slightly with potential for this to grow during the week.
FX G10/EM Morning Trader Views
EUR – Chopping the mkt to pieces in this 1.29/1.3030 range – After a gd test and fail yesterday at that 1.3030 lvl we wiped the decks of longs to at 1.29155 low on the ldn open this morning.
PLN Analysis
It is quite interesting that after only 7 weeks after a rate hike of 25bp, a few Polish central bank members have started to talk about a rate cut. Chojna-Duch has mentioned such an option last week.
UniCredit EEMEA Daily
News HU: Positive – Foreign Minister Martonyi says government is ready to change disputed central bank law (p1) KZ: Mixed – NBK Marchenko says bank will keep 6-8% CPI target band / media reports suggest BTA CEO resigned (p2) PL: Positive – MinFin issues EUR750mn 5y Eurobond at MS+237bp spread (p1) RO: Mixed – Nov […]
European FX Daily – Dollar regains ground
– Focus on Fed speakers for hint on QE – G10 pare gains, Asian FX and equities price actions subdued – Malaysia’s exports weaker than expected – We recommend long GBPSEK in cash and derivatives
UniCredit EEMEA Daily
News BG: Mixed – Activity indicators disappointed in November; MinFin sells BGN 50mn of 10½Y GBs at 5.35% (p2) CZ: Neutral – Dec CPI came in at 2.4% yoy / Nov retail sales expanded 0.5% yoy (p2) KZ: Positive – GDP growth was 7.5% in 2011, Prime Minister Karim Massimov wrote on Monday (p3) RO: […]