Tag Archives: USD/BRL

LATAM Daily FX Update

One interesting aspect of the moves in EM local rates we’ve seen over recent weeks is that it has not necessarily been the higher beta or

LATAM Daily FX Update

Despite lingering uncertainties in Chinese funding markets (where conditions have improved), Fed policy direction,

LATAM Daily FX Update

The PBoC’s description of the level of liquidity in China as being at “reasonable levels”, despite still relatively high inter-bank funding rates led to

LATAM Daily FX Update

Week‐ahead highlights EPFR reported another strong week of outflows, with hard currency funds recording US$1.4bn in outflows, while local currency’s outflows were smaller,

FX Strategy Weekly

G10: Bernanke will try to assuage market fears over QE tapering at the post FOMC Q&A. The dramatic divide between EUR longs and

LATAM Daily FX Update

European markets shifted back into “bearish mode” overnight, leading most stock indices to soften -0.8% to -1.5%,

LATAM Daily FX Update

European market tone was firmer overnight, with most regional stock indices posting +0.5% to +1.0% gains, while commodities are mixed as copper benefits from stronger sentiment,

LATAM Daily FX Update

Market tone remains dominated by the anticipation of the Fed policy stance shift (QE tapering),

Adjusting to Fed tapering

Big Picture: Asset markets have corrected recently and it has been very difficult for investors to find a hiding place apart from cash, as equities and bonds have sold off,

LATAM FX Week Ahead

Major events for the week ahead: • Monday 10: Chinese bank holiday, Colombian bank holiday, US wholesale inventories and sales, Mexican nominal wages & trade balance,

LATAM Daily FX Update

Markets are mixed overnight as a “loaded second half of the week” kicks in, with the ECB’s rate decision scheduled for today,

LATAM Daily FX Update

European equities are trading softer overnight as we wait for guidance from ADP / NFP, with most markets posting losses close to 1%.