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Noticias de trading
17 Apr 2015
Watch the commodity bloc inflation data - BNP Paribas
FXStreet (Bali) - Daniel Katzive, FX Strategist at BNP, reminds us to watch the commodity bloc inflation data next week, following the recent recovery in AUD, NZD and CAD.
Key Quotes
"Inflation data will be in focus in the commodity bloc, with Canada March CPI due on Friday 17 April and Australia and New Zealand reporting Q1 numbers during the week."
"Commodity currencies have performed well this past week amid upside data surprises in Australia and neutral messaging from the Bank of Canada. However, with both central banks prepared to ease further if data worsens, their currencies will be sensitive to downside surprises on the price data."
Key Quotes
"Inflation data will be in focus in the commodity bloc, with Canada March CPI due on Friday 17 April and Australia and New Zealand reporting Q1 numbers during the week."
"Commodity currencies have performed well this past week amid upside data surprises in Australia and neutral messaging from the Bank of Canada. However, with both central banks prepared to ease further if data worsens, their currencies will be sensitive to downside surprises on the price data."