FxWirePro: Stay hedged in USD/INR via 1m NDFs on RBIs smart policy action to counter capital outflow
Dec 01, 2016 07:16 am UTC| Central Banks Commentary
We advise selling USDINR 1m NDF at 68.36, with a target around the previous range prior to the recent spike at 67.00 (+ 1.98%) and a stop above the previous highs at 69.50 (1.14%). The trade horizon is 2-4 weeks and the...
South Korean 10-year yields close highest in one year following U.S. Treasuries rout
Dec 01, 2016 07:09 am UTC| Commentary
The South Korean 10-year bond yields ended highest in one year on Thursday, following the current rout in U.S. Treasuries as OPEC agreed to lower production. The 10-year bond yield, which moves inversely to its price,...

Japan manufacturing PMI jumps to near 1-year high in November, higher than long-run average
Dec 01, 2016 06:49 am UTC| Commentary Economy
Japans manufacturing sector performed best in almost a year during November, remaining higher than the series long-run average. Production increased at a slightly slower pace, albeit one that remained stronger than the...
Chinese 10-year bond yields hit highest since June, inch away from 3 pct forecast
Dec 01, 2016 06:38 am UTC| Commentary
The Chinese sovereign bonds were pushed lower across the curve on Thursday after Organization of the Petroleum Exporting Countries (OPEC) agreed to their first production cut in eight years at Vienna. Also, the Chinese...
China November Caixin/Markit PMI shows continued growth in manufacturing sector, but at slower pace
Dec 01, 2016 06:24 am UTC| Commentary
The Caixin/Markit PMI indicated continued growth in Chinas manufacturing sector, but the growth is losing momentum as the housing market is easing. The deterioration is likely to continue to for months and eventually the...
Oil in Global Economy Series: Details of production cuts delivered by OPEC
Dec 01, 2016 06:14 am UTC| Commentary
Confounding the skeptics, members of the OPEC delivered a comprehensive deal that would see the production from cartel cut by 1.2 million barrels per day to 32.5 million barrels per day, effective from January next year....
Thai headline inflation accelerates below expectations, BoT likely to maintain accommodative stance
Dec 01, 2016 06:10 am UTC| Commentary
Thailands headline inflation accelerated in November, but it came below market expectations. The inflation accelerated on the back of base effects in spite of a contraction in sequential terms, noted ANZ in a research...
Trump Says Ukraine Peace Deal ‘Closer,’ But Key Disputes Remain Unresolved