Moody’s upgrades Hungary’s sovereign rating, EUR/HUF to trade around 319 by end-2016
Nov 07, 2016 09:37 am UTC| Commentary Economy
As widely expected, Hungary was upgraded to the investment grade of Baa3 by Moodys. The rating agency also gave a stable outlook during its scheduled review on Friday. There is unlikely to be any significant market...
Treasury prices likely to remain volatile until U.S. election outcome; good to hold positions
Nov 07, 2016 09:24 am UTC| Commentary Insights & Views
Global Treasury prices are likely to remain highly volatile ahead of the United States presidential election scheduled for Tuesday, November 8, 2016. We suggest that investors should retain their positions until the...
Briferendum Aftermath Series: Government fights Europhiles after High court’s decision
Nov 07, 2016 08:44 am UTC| Commentary
A political hell has broken out in the United Kingdom after the High court of the United Kingdom ruled that the government needs parliamentary approval in order to trigger Article 50, which is the divorce clause in the...
Nov 07, 2016 08:43 am UTC| Commentary
The Japanese government bonds slumped Monday as market rejoiced the decision taken by the Federal Bureau of Investigation (FBI) to close the case against U.S. Democrat presidential candidate Hillary Clinton over...
BoT likely to remain on hold following sluggish economic growth, private sector demand
Nov 07, 2016 08:38 am UTC| Commentary Central Banks Economy
The Bank of Thailand (BoT) is expected to keep its interest rate unchanged at the monetary policy meeting scheduled this week, following sluggish economic growth and a dullness in private sector demand. Further, the...
Global market cheers FBI’s decision of no charges against Hillary Clinton
Nov 07, 2016 08:25 am UTC| Commentary
Global markets are feeling a lot relieved after the Federal Bureau of Investigation (FBI) announced in a letter to the congress that they are staying by their July conclusions that Hillary Clinton was extremely careless in...
Mexican Peso rejoice FBI’s no new conclusions
Nov 07, 2016 07:31 am UTC| Commentary
Mexican Peso has fanatically rejoiced the decision taken by the Federal Bureau of Investigation (FBI) over the weekend that the bureau has reached no new conclusions and retains the similar conclusions that were shared in...