High currency risk premium to act as headwind against Russian ruble
Sep 23, 2016 11:35 am UTC| Commentary
Flat performance of the Russian ruble against the U.S. dollar in the past month indicates towards decoupling between crude oil and the ruble, noted Lloyds Bank in a research note. Instead, the focus has moved towards...
Strong rise in disposable income likely to provide solid backdrop to Swedish consumption outlook
Sep 23, 2016 10:59 am UTC| Commentary
For a few years, Swedens employment growth has been close to or slightly above 1.5 percent year-on-year. This has helped push the jobless rate down from around 9 percent to lower than 7 percent at present. But, as Sweden...

Singaporean 5-year bond yields likely to fall on higher overseas demand; auction in focus
Sep 23, 2016 10:52 am UTC| Commentary
The Singaporean new benchmark 5-year bond yields are likely to fall in the near term, following higher overseas demand from asset managers in the upcoming bond auction, scheduled to be hosted by the Monetary Authority of...

Commodities snapshot (precious & industrial)
Sep 23, 2016 10:48 am UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is marginally higher today, good performance this week. Todays range $1333-1339 We expect gold to reach $1520 Gold is...
Lending in Germany stabilizes at low level
Sep 23, 2016 10:36 am UTC| Commentary Economy
New lending from banks to businesses and self-employed persons, excluding residential construction and finance institutions, in Germany is expected to have dropped just a bit in the second quarter of 2016, according to KfW...
Danish consumption likely to grow modestly in 2016-2017
Sep 23, 2016 10:36 am UTC| Commentary
In the first half of this year, the Danish economic growth was mainly driven by private consumption, which grew 0.7 percent from the second half of 2015. Growth in Danish consumption has been quite widespread, with rises...
UK gilts slump as crude oil prices rebound ahead of OPEC meeting
Sep 23, 2016 10:34 am UTC| Commentary
The UK gilts slumped Friday as crude oil prices rebounded after Saudi Arabia made a proposal to Iran ahead of Algiers OPEC meeting for a production cut. The yield on the benchmark 10-year gilts, which moves inversely to...