
Apr 21, 2016 06:42 am UTC| Commentary
Suppose at current GBPUSD spot FX is trading at 1.4330, an options trader constructs a 2:1 put backspread by shorting 1W (1%) ITM put for $1654.39 and simultaneously, going long in 2 lots of next month (1%) OTM puts for...
China’s debt level not at crisis threshold, debt level consistent with nation’s saving rate
Apr 21, 2016 06:37 am UTC| Commentary
Chinas economic data recently have been above expectations. The stimulus promised during the NPC meeting last month will aid in sustaining this recovery into the second half of this year, noted HSBC. But, negativity...
Why Weidmann had to defend Draghi?
Apr 21, 2016 06:22 am UTC| Commentary
Little more than a week back, German Bundesbank chief, who is well known harsh critique of European Central Banks ultra-loose monetary policy had to come out in defense of the bank and its governor. Mood is that sour in...
Net migration inflows to New Zealand continue to be strong
Apr 21, 2016 05:46 am UTC| Commentary
In March, a total of 5,330 sa number of people migrated to New Zealand. Even though this is the lowest monthly inflow in nine months, it continues to be strong overall. The net inflow of migrants in annualized terms was...
Australian bonds slump on strong risk sentiments
Apr 21, 2016 05:41 am UTC| Commentary
The Australian bond prices edged down, sending yields higher on Thursday as investors cooled on safe-haven assets amid gains in riskier assets including stocks and oil. The yield on the benchmark 10-year Treasury note...
US existing homes sales to remain moderately positive in coming months
Apr 21, 2016 05:17 am UTC| Commentary
US existing home sales performed better last month in comparison to February. Existing home sales in the country rose 5.2% m/m in Mach to 5.33 million units, slightly above consensus forecast of an increase to 5.28 million...
Guide to today’s important data and events
Apr 21, 2016 04:39 am UTC| Commentary
Not many economic dockets scheduled for today but some with high risks associated. Data Released so far Australia National Australia business confidence remained flat at 4 Upcoming ...