Copper prices likely to decline by end of 2016
Apr 21, 2016 12:42 pm UTC| Commentary
Copper prices have grown by more than 10% since the beginning of 2016. This appears as a turn in the outlook of copper; however, prices are likely to weaken in the future, along with a surplus of the product this year,...

Apr 21, 2016 12:19 pm UTC| Commentary
Hedge short-term USD expenses via FX forwards and Medium to Long term USD expenses via options: At spot FX flashes of EURUSD at 1.1356 we see delta risk reversal for contracts of 1W and 1M expiries have shown bullish...
Indonesian bonds mixed after Bank Indonesia leaves policy rate unchanged, likely to rally
Apr 21, 2016 12:10 pm UTC| Commentary
The Indonesian government bonds closed mixed on Thursday as Bank Indonesia (BI) left policy rate unchanged at 6.75 pct, as expected. The yield on the benchmark 10-year bonds, which moves inversely to its price, closed...
Mexico’s inflation likely to come above central bank’s target rate of 3 pct in 2016
Apr 21, 2016 12:10 pm UTC| Commentary
In the first quarter of 2016, Mexicos inflation came in at 2.7%, below Societe Generales projection of 3%, as inflation decelerated to 2.49% y/y in the second half of March 2016. In the beginning of 2016, core prices in...

High-yield emerging market corporate bonds enjoy best time in more than a year
Apr 21, 2016 12:05 pm UTC| Commentary
High yield corporate bonds provide yet another evidence that sentiment towards emerging market assets have shifted big time since February. We are basically eyeing reversal of last two/three years trend in global...

PBoC likely to start easing policy less aggressively
Apr 21, 2016 11:46 am UTC| Commentary
Downside risks to Chinese economic growth have eased. The Peoples Bank of China is expected to begin easing policy less aggressively after property prices grew sharply and loan growth accelerated strongly in Q1, noted...
Apr 21, 2016 11:32 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Frankfurt. Current policy...