
Aug 19, 2016 09:53 am UTC| Commentary
We wonder if there is there is an exchange rate that is even more monotonous than EURCHF.For almost a year or so, this currency pair has been drifting within a tight range between 1.07 and 1.12 (see technical...
Germany producer price deflation eases further in July, stays slightly above consensus
Aug 19, 2016 09:49 am UTC| Commentary
Producer prices in Germany during the month of July picked up slightly from June, but remained sharply below the previous years levels due to soft energy prices. However, it remained marginally above what markets had...
Mexican peso likely to remain sensitive to external drivers triggering sudden shifts in USD
Aug 19, 2016 09:44 am UTC| Commentary
Trading dynamics in Mexicos local currency market is being shaped mainly by the monetary cycle in the US that is dictated by the Federal Reserve. The quest for yield by long-term foreign investors along with an upbeat...
Portuguese bonds plunge ahead of Fitch rating outlook
Aug 19, 2016 09:33 am UTC| Commentary
The Portuguese government bonds plunge Friday as investors awaited the countrys outlook from Fitch Ratings agency later today. The yield on the benchmark 10-year bond rose 6 basis points to 2.969 percent and the yield...
Swedish capacity utilization falls marginally in Q2
Aug 19, 2016 09:10 am UTC| Commentary Economy
Capacity utilization in Swedens industry dropped marginally 0.2 percentage points in the second quarter from the first quarter of 2016, stated Statistics Sweden. The decline in the second quarter is insignificant and...
German bunds steady in subdued trade; GDP growth in focus
Aug 19, 2016 08:58 am UTC| Commentary
The German bunds traded nearly flat Friday, succumbing to thin trading activity during a relatively quiet session that witnessed data of little significance. The yield on the benchmark 10-year bond hovered around -0.085...
Japan manufacturers’ mood sours near 3-year low, shows Tankan Survey
Aug 19, 2016 08:57 am UTC| Commentary
Japan manufacturers mood soured in August to its lowest since 2013 when the central bank embarked on aggressive monetary easing, a Reuters poll showed Friday. The drop in Tankan index reflects the problems caused due to...