Korea’s headline CPI has undershot the BoK’s forecast range since 2012. More recently, BoK shifted its target from 2.5% over the past two years to 1.9% for 2015. However, CPI inflationcontinues to surprise to the downside of consensus and the BoK’s tar…
From Barcalys’s quarterly outlook note to clientsWith many thanks to eFX … much more from the investment banks there
How much lo … (View Article for More)
The Australian dollar continued to be weaker against the other major currencies in the Asian session on Friday, after data showed that Chinese industrial company profits dropped in the first two months of 2015.
Data from the National Bureau of Stati…
Japan FinMin Aso: To mull AIIB entry alongside US.
Japan PM Abe bids to end economic burden, Tokyo deserves more credit for its progress.
Foreign CB US debt holdings +$68.1 mln to $3.228 trln March 25 week, Treasury holdings -$360 ml…
RBC CAPITAL MARKETS: WE EXPECT JPY AND RMB TO CONTINUE DEPRECIATING THIS YEAR, AND AGAINST THAT BACKDROP, KRW STANDS OUT AS HAVING THE MOST TO LOSE IN THE ASIAN REGIONThe material has been provided by InstaForex Company – www.instaforex.com
RBC CAPITAL MARKETS: WE CANNOT RULE OUT ANOTHER RATE CUT FROM THE BOK TO 1.5%, WHICH COMPARES TO THE CONSENSUS EXPECTATION OF NO CHANGEThe material has been provided by InstaForex Company – www.instaforex.com
RBC CAPITAL MARKETS: KOREA’S GROWTH AND INFLATION MIX IS WORRISOME AND BOK WILL NEED TO MAINTAIN AN ACCOMMODATIVE POLICY STANCE FOR THE FORESEEABLE FUTURE
The material has been provided by InstaForex Company – www.instaforex.com
RBC CAPITAL MARKETS: WE REMAIN BIASED TO BUY DIPS IN USD/KRW, TARGETING 1190 BY END-2015 AND 1250 BY END-2016The material has been provided by InstaForex Company – www.instaforex.com