Royal Bank
Royal Bank
The terms Royal Bank, Banque Royale, Banco Real can connote several different things,...
inflation numbers saying
All the inflation numbers are saying there is not much inflation in the pipeline.
help side
The story there is more positive, not just from the current-account surplus, but also from the interest-rate side and growth. These will help the baht.
acted capital complete european hard impressed investment quickly thesis understood
European Capital immediately understood the investment thesis and acted quickly to complete the transaction. We are impressed with their flexibility and hard work.
afternoon area buy good looking nearer rally support tick unchanged
There should be good support around 120.10. That would be on intraday, a good area to buy at looking for a 20 to 30 tick rally this afternoon to get us back up nearer to unchanged levels.
above case currently cycle data earlier euro evidence fed low market move possible rate rising seen strong taking view year
With euro/dollar rising above $1.20, many are now taking the view that we have seen the low of the year and that the euro is about to move sharply higher. This is possible but for this to be the case we feel some strong evidence that the U.S. rate cycle will end in May or earlier is required. The market is more sanguine about the Fed than the data currently justifies.
certainly change fee lowest review
We periodically review our fees. The $19 fee that did not change is the lowest in the industry, and the other fees are certainly competitive.
central downside forecast growth inflation previous projection question risks robust sticks whether
The question is whether the new forecast sticks to the previous projection of robust growth and at/above-target inflation or whether some of the downside risks get incorporated into the central projection.