Firm peso should alleviate concerns about inflation pass-through in Mexico
Mar 29, 2016 13:33 pm UTC| Commentary
Mexicos central bank (Banxico) held the overnight rate at 3.75 percent on Friday March 18th as expected after it surprised markets at its February 17 meet when it announced an unscheduled 50 bps increase in its policy...

Mar 29, 2016 13:26 pm UTC| Commentary
Equities are all down in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500...

Currency snapshot (major pairs)
Mar 29, 2016 13:19 pm UTC| Commentary
Dollar index trading at 95.88 (-0.06%) Strength meter (today so far) Euro +0.09%, Franc -0.07%, Yen -0.07%, GBP +0.26% Strength meter (since last week) Euro +0.44%, Franc -0.01%, Yen -0.41%, GBP +1.25% EUR/USD...
Local governments of China’s cities set up measures to address sharp increase in property prices
Mar 29, 2016 12:52 pm UTC| Commentary
Local governments of Chinas major cities set up series of measures in the last few days to address the sharp increase in property prices. Prices in Shanghai and Shenzhen rose 21% y/y and 57% y/y, respectively in February....
Russian Bonds yield climbs on tracking weak oil prices
Mar 29, 2016 12:46 pm UTC| Commentary
The Russian bonds declined, pushing the yield on 10-year bonds up six basis points to 9.27 pct, tracking weak crude oil prices on Tuesday. Moreover, Brent crude oil, a global benchmark for Russias main export, was down 1.5...

Commodities snapshot (precious & industrial)
Mar 29, 2016 12:45 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold As Dollar continues to exert strength, yellow metal is down today. Todays range $1215-1223 Gold is currently trading at...
UK’s current account deficit likely widened in Q4 2015
Mar 29, 2016 12:29 pm UTC| Commentary
The UKs current account has shifted from the trade deficit in early part of this decade as net property income balance outside of the UK began to decline. This is evident from the UK economys outperformance in comparison...