Oil in Global Economy Series

Gasoline supply in US likely to be plentiful in 2016 despite stronger demand

Jun 14, 2016 08:20 am UTC| Commentary

The US gasolines average price has peaked either in April or May, according to the AAA data. At the beginning of May, gasoline prices appearto have topped out about USD 2.22 per gallon before falling slightly. But, prices...

Briferendum Series

Briferendum Series: Betting odds drop to just 59 percent for “Stay” camp

Jun 14, 2016 08:16 am UTC| Commentary

With just nine days to referendum, exit camp is gaining and they are gaining everywhere. Most of the polls released lately show that exit camp is having leads. Last Friday, a poll by The Independent, gave exit backers a...

German 10Y bund yield dip below zero for the first time on rising support for Brexit

Jun 14, 2016 08:01 am UTC| Commentary

The German benchmark 10-year bund yieldfell below zero for the first time on Tuesday after recent four polls suggested Britain is on course to leave the European Union. Also, weak crude oil prices shifted investors...

India WPI inflation surges on rise in food, fuel prices; slashes hopes of rate cut

Jun 14, 2016 07:56 am UTC| Commentary

Indias wholesale prices, as measured by the wholesale price index (WPI) for the month of May, surged on rise in food and fuel prices, which has raised concerns that the Reserve Bank of India (RBI) wouldntslash rates at the...

Indian bonds plunge as higher inflation reduces near-term RBI easing possibilities

Jun 14, 2016 07:43 am UTC| Commentary

The Indian government bonds plunged on Tuesday after data showed higher than expected wholesale and retail inflation in May, which has raised concerns that the Reserve Bank of India (RBI) may not be able to slash rates at...

UK inflation preview: relevant only after referendum

Jun 14, 2016 07:31 am UTC| Commentary

Today inflation reading will be published from theUK at 8:30 GMT. The data set include Consumer Price index (CPI), producer price index (PPI), and retail price index (RPI) and house price index (HPI). Inflation...

FX Hedging Strategy Series

UK CPI unlikely to bother much in BoE’s OBR, Sterling risk aversion bothers only on RR ahead of 23rd votes

Jun 14, 2016 07:21 am UTC| Commentary Central Banks

The UK CPI and the US retail sales are in the major focus for the day. Markets will look ahead to important data releases later in this week, as well as a number of major central bank policy announcements have been...