German bunds narrowly mixed in subdue trade, next week’s ECB policy decision in focus
Dec 02, 2016 09:49 am UTC| Commentary
The German bunds traded narrowly mixed Friday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. Also, the market now looks ahead to the ECB monetary policy...
Fed’s 2017 policies likely to be governed by developments in labor market
Dec 02, 2016 09:25 am UTC| Commentary Economy
The upcoming interest rate policy of the Federal Reserve in 2017 is likely to be governed by the labor market data due to be released by the end of today. Looking into 2017, the FOMC is turning more dovish on paper, which...
China’s crude steel consumption likely to grow 1-2 pct next year, says HSBC
Dec 02, 2016 09:20 am UTC| Commentary
China is expected to maintain its demand supportive policies. According to an HSBC research report, Chinas crude steel consumption is forecast to expand by 1 percent to 2 percent next year. Crude steel apparent consumption...
Indian bonds sag on profit booking; next week’s RBI bi-monthly monetary policy in focus
Dec 02, 2016 09:16 am UTC| Commentary
The Indian government bonds slumped Friday as investors cashed in profits after a long rally following hopes of a rate cut by the Reserve Bank of India (RBI) in its December 7 monetary policy meeting. The yield on the...

Fundamental Evaluation Series: Yield spread vs. EUR/USD
Dec 02, 2016 08:55 am 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 akey influencing factor for the pair as policy divergence...
Manufacturing PMIs for CEE nations trend weaker in November
Dec 02, 2016 08:47 am UTC| Commentary
The PMI index for CEE nations trended slightly weaker in November. The figures published on Thursday continued to stay stable but not particularly upbeat compared with tendencies of these PMIs in the first half of 2016,...

Fundamental Evaluation Series: Yield spread vs. GBP/USD
Dec 02, 2016 08:32 am UTC| Commentary
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. The cozy relationship between the yield spread and the exchange rate, in this case, is quite visible. Back...
Trump Says Ukraine Peace Deal ‘Closer,’ But Key Disputes Remain Unresolved