German Ifo business climate index unchanged in May, economic growth likely to slowdown

May 25, 2018 12:50 pm UTC| Commentary

The German Ifo business climate remained the same in May following five straight falls. However, this is not expected to hint at a turnaround. The Ifo business climate and other leading indicators continue to point...

Fundamental Evaluation Series: EUR/USD vs. 2-year yield spread

May 25, 2018 12:50 pm UTC| Commentary

The chart above shows, how the relationship between EUR/USD and 2-year yield divergence has unfolded since 2012. It is evident that these short rates have been a key influencing factor for the pair as policy divergence...

Fundamental Evaluation Series: USDJPY vs. 2-year yield spread

May 25, 2018 12:37 pm UTC| Commentary

This one pair has been at odds with yield divergence throughout early 2016 as the yen benefited from risk aversion and due to market participants doubts on BoJs abilities to ease policies further. It had shown...

A bird's eye-view on automotive demand and PGMs

May 25, 2018 12:11 pm UTC| Research & Analysis Insights & Views Commentary

The PGM segment congregated in London this week for the annual LPPM Platinum Week.With deteriorating diesel share in Western Europe continuing to weigh heavily on the fundamental outlook for platinum, the mood was...

U.S. Treasuries climb ahead of Fed Chair Powell, FOMC members’ speeches

May 25, 2018 11:19 am UTC| Commentary Economy

The U.S. Treasuries climbed Friday ahead of the Federal Reserves Chair Jerome Powells speech, coupled with a host of FOMC speeches through the day, as well namely Evans, Bostic and Kaplan. The yield on the benchmark...

Global Geopolitical Series: U.S. Commerce department announces final CVD on Fine Denier Polyester Staple Fiber from South Korea and Taiwan

May 25, 2018 10:29 am UTC| Commentary

Yesterday, the U.S. commerce department announced final anti-dumping duties on imports of fine denier polyester staple fiber from Taiwan, India, China, and Republic of Korea (South Korea). The department determined that...

Global Geopolitical Series: Prepare for tariffs as U.S. Commerce Department begins national security investigations into Auto imports

May 25, 2018 10:14 am UTC| Commentary

The Commerce Department has followed through President Trumps hint to make a national security investigation into auto imports by the United States and opened a section 232 investigation with an aim to determine whether...