Global growth concerns, political uncertainty to weigh on US business confidence in near term

Apr 13, 2016 06:15 am UTC| Commentary

In March, the US NFIBs small business optimism index dropped for the third straight time. It declined 0.3 points to 92.6. This was below market projection of a moderate increase to 93.5. Delving into details, out of ten...

Chinese bonds plunge on firm economic data, awaits Q1 GDP figure

Apr 13, 2016 06:03 am UTC| Commentary

The Chinese government bonds plunged on Wednesday as investors cooled on safe-haven assets after reading strong Chinese economic data. The yield on the benchmark 10-year Treasury note, which moves inversely to its price,...

FX Hedging Strategy Series

FxWirePro: GBP/AUD to tumble further, Many reasons to hedge downside risks - backspread best serves hedging objectives

Apr 13, 2016 05:55 am UTC| Commentary

Inflation continues its global trend higher with UK and Sweden following the preliminary German and EU reads higher. Risk was on last night with equities, commodities and yields all in agreement and heading higher. It...

Without improvement in domestic economy Nikkei to act as one big exporter

Apr 13, 2016 05:47 am UTC| Commentary

Nikkei drops, when Yen rises and rises when Yen drops, due to the popular notion in the market that weaker Yen makes Japanese exports more competitive in world market, hence that should be positive for Nikkei stocks....

MAS likely to keep SGD NEER policy unchanged

Apr 13, 2016 05:40 am UTC| Commentary

On Thursday, the Monetary Authority of Singapore (MAS) is set to release its semi-annual Monetary Policy Statement. The central bank is likely to keep the policy of a moderate and slow increase of the S$NEER policy band,...

China’s strong export growth in March unlikely to sustain

Apr 13, 2016 05:24 am UTC| Commentary

China trade numbers came in positive for March. Exports for the month, in dollar terms, rose 11.5% y/y, as compared with consensus forecast of 10%. Meanwhile, imports declined 7.6%, below expectations. Trade balance...

Australian bonds slump as risk sentiment grows after strong Chinese trade figures

Apr 13, 2016 05:23 am UTC| Commentary

The Australian bonds prices edged down, sending yields higher on Wednesday as investors cooled on safe-haven assets amid gains in riskier assets including stocks and oil after reading strong Chinese trade data. The yield...