Riksbank likely to stay on hold despite lower than expected inflation in September
Oct 24, 2016 15:05 pm UTC| Commentary
Riksbank meeting is scheduled on Thursday, 27th October and analysts expect the central bank to keep rates and the Quantitative Easing (QE) unchanged. The probability of further action from Riksbanken has risen with lower...

Chart of the Day: More money please
Oct 24, 2016 14:59 pm UTC| Commentary Economy
Recent global fund managers survey by the Bank of America Merrill Lynch (BofAML) showed that vast majority of the fund managers are worried over the health of the European banks. They are right in doing so. This chart...
Oil markets under pressure as Iraq seeks exemption from OPEC output limits
Oct 24, 2016 14:46 pm UTC| Commentary
Oil prices remained under pressure on Monday after Iraq said it wanted to be exempt from an OPEC deal to cut production. Iraqi oil minister Jabar Ali al-Luaibi said Baghdad wants to be exempt from any production cut the...
Global Geo-political Series: China mocks waning US influence
Oct 24, 2016 13:59 pm UTC| Commentary
US election has exposed the United States elite as it became an open discussion that what the western countries did to Iraq and Libya was wrong. Republican Presidential nominee Donald Trump even accused President Barrack...
FxWirePro: Uphold USD/SGD low premium call flies due to MAS NEER mechanism
Oct 24, 2016 13:58 pm UTC| Central Banks Commentary
Singapore dollar tumbled to 7-months lows to 1.3959 levels on disappointing growth flashes and the dovish tone of MAS. Q3 GDP grew by slower than anticipated at 0.6%. Following the MAS announcement, the Singapore dollar...

Sharp Yuan depreciation largely market-driven
Oct 24, 2016 13:56 pm UTC| Commentary
Market forces rather than PBOC intention for competitive devaluation have been the driving factors behind the recent sharp weakening of the CNY, as well as the CNH, during the past two weeks. In the past two weeks, the...

Oct 24, 2016 13:17 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today as it failed to gain from the news that Russian energy minister Alexander Novak said that common...