China’s export growth likely contracted in April

May 06, 2016 09:01 am UTC| Commentary

Growth of Chinas exports, gauged in US dollars, is likely to have declined significantly to -1% y/y in April from Marchs growth of 11.5% y/y, according to Societe Generale. This is due to fading of huge positive base...

Fed Hike Aftermath Series

FED hike aftermath Series: FOMC may await Brexit vote and hike in July

May 06, 2016 08:55 am UTC| Commentary Central Banks

San Francisco FED president John Williams, who has no vote this year thinks 2-3 rate hikes this year reasonable but that will be data dependent and at its June meeting FOMC will have to take into account the possibility of...

FX Hedging Strategy Series

FxWirePro: How could NZD/USD option strips hedge various risky scenarios?

May 06, 2016 08:44 am UTC| Commentary

Markets are focused on the US labour market prints. A weak headline jobs print, with soft wage growth will reinforce the weaker USD trend of late. However, a weak headline jobs number with solid wage growth could signal...

European bonds mixed ahead of U.S. payroll data

May 06, 2016 08:31 am UTC| Commentary

The European bonds were trading mixed on Friday as investors await U.S. payroll data. The benchmark German 10-year bonds yield, which is inversely proportional to bond price fell 1bps to 0.158 pct, French 10-year bunds...

Renminbi Series

China’s FX reserves likely declined again in April

May 06, 2016 08:16 am UTC| Commentary Central Banks

Chinas official foreign reserves are likely to have dropped again, although moderately, in April, according to Societe Generale. Chinas FX reserves are expected to have decreased to $3,195 billion in April from $3,212 at...

Taiwan’s benign inflation outlook gives scope for further easing of monetary policy

May 06, 2016 08:14 am UTC| Commentary

In April, Taiwans CPI inflation slowed to 1.88% y/y from Marchs revised 2.01%, despite food prices rising by 7.96%. The headline print came in more than market forecast of 1.5%. Many government and local private think...

Briferendum Series

Briferendum Series: GBP/CHF/JPY forecast may be pointing to Brexit

May 06, 2016 08:00 am UTC| Commentary

Our GBP/JPY and GBP/CHF forecast based on our calculation matrix, which has quite a success rate especially in the medium to long term horizon, may be pointing to a British exit from European Union. It is the same...