
Apr 12, 2016 07:42 am UTC| Commentary
At the moment both intraday buying sentiments signal little upside potential as we observed the pair has currently been unable to breach and sustain channel resistance at 0.9880 levels where prices were rejected in the...
Worrisome Signs Series: Downgrades aren’t worrying, the composition is
Apr 12, 2016 07:35 am UTC| Commentary
Last week, we covered a report from rating agency Standard Poor that global corporate defaults in first quarter of 2016 has hit highest YTD level since 2009, aftermath of great recession. Large portions of them are from...
Indonesian bonds rally on weak growth outlook
Apr 12, 2016 07:32 am UTC| Commentary
The Indonesian long-term bonds gained on Tuesday as investors pour into safe-haven assets amid deepening economic growth fears. Also, investors anticipate another 25-50 bps cut in 2016 due to soft economic growth. The...
Bank Indonesia likely to maintain wait-and-watch stance, loan growth to accelerate in H2 2016
Apr 12, 2016 07:12 am UTC| Commentary
According to some in the markets, Indonesias central bank is likely to continue cutting its rates aggressively in the near future, said DBS Bank. One of the reasons for the speculation is that average lending rates have...

These candles may be marking end of Yen rally
Apr 12, 2016 06:47 am UTC| Commentary
For the past weeks, focus has immensely been on Yen, which rallied against all of its major trading counterparts. In last seven days, Yen has gained almost 4.4% against Dollar and so far this year, it is up close to 10%...
Indian bonds trade flat ahead of CPI data, likely to rally
Apr 12, 2016 06:37 am UTC| Commentary
The Indian 10-year bond yield is unchanged on Tuesday, as investors awaits March retail inflation figure, to be released at 1300 GMT. The benchmark 10-year bonds yield, which moves inversely to its price of bonds stood at...

Apr 12, 2016 06:29 am UTC| Commentary
The real GDP growth of China is likely to moderate because of its dependence on industry, which is struggling from excess capacity, according to Scotiabank. It is becoming very clear that China is shifting toward a more...