Investors’ gobbling up of yield at record low level may backfire in the long run
May 10, 2016 13:02 pm UTC| Commentary
It is difficult to gauge what investors are betting on, while gobbling up ultra-long dated debt at record low yield because they will turn out as big losers when inflation arrives. So is the bet that inflation will...

FxWirePro: ECB’s infinite stimulus but finite losses on hedging Euro rates through ATMFs
May 10, 2016 12:59 pm UTC| Commentary Central Banks
We see room for cutting the deposit rate to -0.75%, but there is no technical limit for an instance. With Draghi signalling that we are close to the limits on the deposit rate, however, further cuts are not likely in...
U.S. government bonds flat in quiet trade
May 10, 2016 12:34 pm UTC| Commentary
The U.S. government bonds were trading nearly flat on Tuesday amid subdued trade with investors seeking riskier assets. The yield on the benchmark 10-year Treasury note which moves inversely to its price stood flat at...
USD value, shifts in crude oil prices to shape value of Mexican peso
May 10, 2016 12:33 pm UTC| Commentary
Investor confidence for emerging markets continues to mainly drive capital flows to Mexico. High volatility in Q1 has impacted the Mexican currency. Disorderly adjustments in the financial markets of China mainly drove the...
FxWirePro short term outlook: Brent may decline to $37/barrel
May 10, 2016 12:17 pm UTC| Commentary
Global benchmark, Brent crude is likely to decline further from current $44/barrel level as supply pressure to build up further. Today, Saudi Arabias state oil giant and worlds largest exporter announced that it will...
Brazil’s retail sales likely declined in March
May 10, 2016 12:13 pm UTC| Commentary
Brazil had registered a noticeable rebound in retail sales in February that grew 1.2% m/m, the strongest since July 2013. On an annual basis, retail sales growth had rebounded to -4.2% y/y from Januarys print of -10.6%...
May 10, 2016 11:47 am UTC| Commentary Central Banks
Euro gained against dollar about 8.24% in last 5 and half months despite ECBs monetary policy pressures, but central banks pressures have hampered euros growth pace but confronting to address geopolitical issues. We see...