Economic, political uncertainties likely to weigh on South Korea’s GDP growth

Dec 07, 2016 08:34 am UTC| Commentary Economy

The outlook for domestic demand is deteriorating. Consumer confidence has fallen sharply in the wake of the political storm caused by President Parks scandal. Given a messy political situation, it has also become doubtful...

FX Hedging Strategy Series

FxWirePro: South African Q3 GDP disappoints USD/ZAR bears, S&P rating, lingering political turmoil and poor fundamentals to dampen ZAR’s prospects

Dec 07, 2016 07:30 am UTC| Economy Commentary

The South African economy expanded an annualized basis at 0.2 pct in Q3 2016, compared to an upwardly revised 3.5 pct growth in the June quarter which is well below market projections of a 0.5 pct expansion. It was the...

China’s consumer price inflation likely to remain stable next year, PPI to edge up in H1 2017

Dec 07, 2016 07:30 am UTC| Commentary

Food prices mainly drive Chinas consumer price index and therefore it underestimates the cost of dwellings. Instead, the countrys producer price index, which has higher correlation with economic activities and interest...

JGBs trade mixed ahead of Q3 GDP data, super-long 30-year auction also in focus

Dec 07, 2016 07:26 am UTC| Commentary

The Japanese government bonds traded mixed ahead of the third-quarter gross domestic product (GDP), which is scheduled later in the day. Also, investors remain keen to focus on the Thursdays super-long 30-year...

USD/TWD likely to break above 32.2 in run-up to the U.S. Presidential Inauguration Day, says Scotiabank

Dec 07, 2016 07:18 am UTC| Commentary

USD/TWD is anticipated to break above 32.2 in the run-up to the U.S. Presidential Inauguration Day (January 20, 2017) on the back of potential equity outflows, given that the TWD is expensive in terms of NEER and...

Taiwanese foreign trade growth likely to have normalized down in November

Dec 07, 2016 06:59 am UTC| Commentary

Taiwans foreign trade growth is likely to have normalized down in November following the surges recorded in October. Export growth in USD terms had accelerated to 9.4 percent year-on-year following a decline of 1.8 percent...

Fundamental Evaluation Series: Compared to peers Franc remains most overvalued against dollar

Dec 07, 2016 06:54 am UTC| Commentary

The decline in the dollar that began back in February 2002, after the Dot-com bubble burst in the United States, came to an end in 2008, with the great recession. Though Real Broad-based trade-weighted U.S. Dollar index...