Canada Exports registered at $44.06B above expectations ($42.9B) in December

FXStreet.com (Barcelona)

Feb 5, 2015

Impact on EM FX as a result of current account changes due to falling oil – BAML

Sebastián Rondeau, Global EM and Latin America FI/FX strategist at BofA-Merrill Lynch, expects a project 50% drop in oil prices for 2015 vs 2014, might lead real exchange rates to appreciate by 8% for Turkey and India, and 6% for South Africa, while Russia would likely see a depreciation of 26%.

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Feb 5, 2015

Canada International Merchandise Trade above forecasts ($-1.2B) in December: Actual ($-0.65B)

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