U.S Treasuries mixed on Bullard's hawkish remarks, crude extends fall
May 23, 2016 12:50 pm UTC| Commentary
The U.S. Treasuries traded mixed on Monday after crude oil prices slide more than 1 percent intra-day on rising US crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Also, hawkish...

May 23, 2016 12:42 pm UTC| Commentary
OTC Outlook: ATM implied volatilities are severely shrinking away, slipped below 7% (to be precise 6.75% for 1W expiries and 9% for 1M expiries). Well, if you have short positions in option and IVs are shrinking away,...

FxWirePro: Eurozone PMIs move in sync with 25-delta risk reversals of euro crosses
May 23, 2016 12:37 pm UTC| Commentary
Flash Eurozone PMI Composite Output Index at 52.9 (53.0 in April) which is 16-month low. Flash Eurozone Services PMI Activity Index unchanged at 53.1 (53.1 in April). Flash Eurozone Manufacturing PMI(3) at 51.5...
Brazil’s current account balance likely rebounded in April
May 23, 2016 12:30 pm UTC| Commentary
Last year, Brazils current account balance rebounded to a deficit of USD 58.9 billion from 2014s deficit of 104.2 billion. In 2016, Brazils current account balance continued to recover at a sharper rate. In the first...
German Q1 GDP likely grew strongly in Q1, economy to be stable for rest of 2016
May 23, 2016 12:05 pm UTC| Commentary
Germanys preliminary GDP growth for the first quarter is expected to have accelerated, said Societe Generale in a research report. Domestic demand is again expected to have primarily driven the economic growth. In...
FxWirePro: EUR/NOK hedging alternatives after G7 summit as IVs lacklustre to pick up
May 23, 2016 11:52 am UTC| Commentary
The G7 meeting concluded over the weekend and while worries around global growth were expressed, little was offered in terms of solutions, with most of the focus around new measures to combat financing terrorism. No new...
Singapore headline inflation falls for 18th straight month, slowest since July 2015
May 23, 2016 11:49 am UTC| Commentary
Singapore April headline inflation fell for the 18th consecutive month, albeit at the slowest pace since July 2015, marked by slow pace in transport, household utilities and communications. There was also a low base in...