Emerging Markets Analysis By Lloyds TSB

The Russian economy is forecast to have rebounded to 5.0% y/y in Q4, after being depressed by drought in the previous quarter. The Russian economy is forecast to have rebounded to 5.0% y/y in Q4, after being depressed by drought […]

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RATES POSITIONING WEEKLY BY LLOYDS TSB

Overall net speculative futures positioning turns marginally short Summary 1. Overall net speculative futures positioning turns marginally short2. Move led by increases in net shorts for medium and long maturity

FX WEEKLY POSITIONING BY LLOYDS TSB

GBP IMM positions at highest level since 2007, CAD positions also rise sharply Crowded GBP longs 1. GBP IMM positions at highest level since 2007, CAD positions also rise sharply 2.

ECONOMIC DATA ANALYSIS BY LLOYDS TSB

Sterling markets have been whipsawed over the past week by rising speculation of a near-term rise in UK interest rates. Although there was some relief that annual CPI

INTERNATIONAL FINANCIAL OUTLOOK BY LLOYDS TSB

While we have made some adjustments to our currency and interest rate forecasts our core medium-term views are largely unchanged. We continue to look for the US dollar

EMERGING MARKETS WEEKLY BY LLOYDS TSB

Following a surprise moderation in annual inflation rates in December, we look for both consumer and producer prices in China to accelerate in January. Following a surprise moderation in

ECONOMIC DATA ANALYSIS BY LLOYDS TSB

The international calendar is crammed this week with key inflation data in the UK, US and China, and preliminary GDP estimates across most of the Euro zone and

EMERGING MARKETS WEEKLY BY LLOYDS TSB

Indian food price inflation has continued to accelerate, putting upward pressure on broader inflation. Indian food price inflation has continued to accelerate, putting upward pressure on broader inflation.

FX POSITIONING WEEKLY

Summary – USD short positioning looking extended Summary – USD short positioning looking extended 1. USD short positioning extended to highest level since November 2009 based on DXY 2. Short USD

FX TRADE IDEAS BY LLOYDS TSB

The Canadian employment data today has underlined the robustness of macro fundamentals and though an imminent rate hike is not on the agenda considering the tone of the