CommerzBank
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Russian Ruble: Oil-driven gains seen fading into year-end – Commerzbank
Commerzbank’s Tatha Ghose notes that Russia’s central bank has shifted EUR/RUB pricing to derive from USD/RUB, despite thin hard-currency trading.…
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Polish Zloty: NBP on extended hold with mixed inflation – Commerzbank
Commerzbank’s Tatha Ghose expects Poland’s National Bank of Poland (NBP) to keep its base rate unchanged for an extended period,…
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Canadian Dollar: Recovery doubts delay BoC hikes – Commerzbank
Commerzbank’s Michael Pfister notes that Canada’s first-quarter real Gross Domestic Product (GDP) unexpectedly contracted and the previous quarter was revised…
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US Dollar: Data focus and Fed expectations – Commerzbank
Commerzbank’s Michael Pfister notes that if negotiations with Iran fail to progress, markets will turn to a heavy slate of…
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Australian Dollar: Softer CPI backs RBA pause – Commerzbank
Commerzbank’s Volkmar Baur contrasts the Reserve Bank of Australia (RBA) with the Reserve Bank of New Zealand (RBNZ), noting Australia…
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Brent: Deal hopes reshape supply outlook – Commerzbank
Commerzbank’s FX Research team, including Charlie Lay and Dr. Henry Hao, notes that Brent Oil has been volatile as markets…
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Australian Dollar: Labor data threatens RBA-driven gains – Commerzbank
Commerzbank’s Volkmar Baur notes the Australian Dollar has retreated from a four-year high versus the US Dollar as weak Chinese…
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Indian Rupee: Higher Oil prices keep pressure – Commerzbank
Commerzbank strategists note that USD/INR climbed to a new record high as elevated global Oil prices and firm domestic Dollar demand from…
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Aluminium: Bauxite export cap threatens supply – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that any relief from a potential reopening of the Strait of Hormuz for Aluminium will…
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Fed: Warsh’s policy shift and Dollar outlook – Commerzbank
Commerzbank economists Bernd Weidensteiner and Christoph Balz assess how incoming Fed Chair Kevin Warsh could reshape U.S. monetary policy and…
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