Fund flow analysis: Global ETFs
May 20, 2016 13:51 pm UTC| Commentary
Fund flow statistics are extremely helpful in understanding investor sentiment towards different sections of financial markets. Latest fund flow statistics available, for the week ending 18th May, from ETF.com Inflows...
G7 meeting kicks off; can Japan win an endorsement for fiscal stimulus?
May 20, 2016 13:37 pm UTC| Commentary
G7 finance ministers and central bankers meeting got underway with a closed door brainstorming session between the officials and eminent economists. Japanese Finance Minister Taro Aso said the discussions would focus on...
Canadian bonds slump on firm consumer price, Fed June rate hike bets
May 20, 2016 12:45 pm UTC| Commentary
The Canadian bonds slumped on Friday as investors cooled on safe-haven assets after reading strong April consumer prices figure. Also, FOMC April meeting minutes from the U.S. Federal Reserves strengthened bets of an...
FxWirePro short term outlook: Euro to decline 700 pips against Pound
May 20, 2016 12:38 pm UTC| Commentary
Pound has been showing remarkable resilience against Dollar as well as other currency pairs, especially Euro, which makes the pair, EUR/GBP an attractive short. While analysts have focused around the effect on Sterling, in...
Danmarks Nationalbank likely to intervene in FX to support EUR/DKK in coming months
May 20, 2016 12:33 pm UTC| Commentary Central Banks
In April, the Danish central bank did not sell the Danish krone in FX intervention after the EUR/DKK pair dropped to 7.4400. The pair dropped below 7.4400 at the starting of this month. The Danmarks Nationalbank (DN) is...
South African rand likely to underperform other EM currencies
May 20, 2016 12:20 pm UTC| Commentary
At the beginning of May, the South African rand came under downward pressure again against the USD, with USD/ZAR scaling a month high of 15.18 recently, noted Lloyds Bank in a research report. The renewed downward pressure...
U.S. Treasuries sag amid Fed hike talk
May 20, 2016 12:19 pm UTC| Commentary
The U.S. Treasuries slid after reading US FOMC April meeting minutes and hawkish comments from Federal Reserve officials strengthened bets of an interest rate hike in June. The yield on the benchmark 10-year Treasury note...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects