CommerzBank
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Swedish Krona: Riksbank keeps tightening option open – Commerzbank
Commerzbank’s Antje Praefcke reports that the Riksbank left its policy rate at 1.75% and maintained a restrictive stance, still seeing…
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Japanese Yen: September BoJ risk builds – Commerzbank
Volkmar Baur at Commerzbank argues that July inflation and strong Purchasing Managers’ Index (PMI) data in Japan suggest price dynamics…
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US Dollar: Fed minutes watched as rate doubts grow – Commerzbank
Commerzbank’s Antje Praefcke says markets will scrutinize the latest Fed minutes for clues on how close policymakers remain to another rate hike…
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Indian Rupee: RBI inflow strategy recalibrated – Commerzbank
Commerzbank analysts describe how the Reserve Bank of India’s (RBI) early closure of the FCNR(B) swap window follows strong FX…
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Japanese Yen: Nominal growth underpins cautious strength – Commerzbank
Commerzbank’s Volkmar Baur says solid nominal growth and higher-than-expected inflation should keep pressure on the Bank of Japan (BoJ) to…
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South Korean Won: Foreign inflows and exporters support KRW – Commerzbank
Commerzbank notes that the Kospi has rebounded 29.5% from its 30 July low, supported by strong tech earnings and improved…
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Russian Ruble: Trade boost from Oil seen fading – Commerzbank
Commerzbank’s Tatha Ghose reports Russia’s June merchandise trade surplus rose to USD 12.5bn, up over 50% year-on-year, as higher Oil…
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Indian Rupee: Contained inflation supports RBI pause – Commerzbank
Commerzbank’s FX team notes India’s July CPI rose slightly to 4.5% year-on-year but stayed within the Reserve Bank of India’s…
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Oil: Hormuz risk supports prices – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao note that Brent and WTI firmed as markets reassessed prospects for a Hormuz…
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Hungarian Forint: Near-term gains against Euro before renewed pressure – Commerzbank
Commerzbank’s Tatha Ghose describes recent Forint weakness as a high-beta correction that only partly erases post-election outperformance. He expects EUR/HUF…
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