Japan’s real wages continue to fall after adjusting for inflation

Feb 09, 2016 08:38 am UTC| Commentary

Japans real wages have continued to ease after adjusting for inflation. The preliminary data showed that the nations cash earnings rose only 0.1% y/y in December. The bonus payments in December were 0.4% lower than the...

Finland’s goods trade likely contributed negatively to Q4 GDP growth

Feb 09, 2016 08:35 am UTC| Commentary

Finlands exports continued to be weak in December, declining 5%. The Q4 data, however, is expected to be worse than expectations. The foreign trade of goods is likely to have contributed negatively to the Q4 GDP growth....

US yield curve flattens amid global run to safety

Feb 09, 2016 08:16 am UTC| Commentary

As investors pile up money into safety of treasuries, US yield curve is flattening it out. Market is easing for itself. When FED takes up actions and introduce dovish policy, this is the kind of curve flattening takes...

Currency War Series

Will Fed follow ECB, BOJ to negative territory?

Feb 09, 2016 07:33 am UTC| Commentary Central Banks

Several analysts point out that there is a possibility growing that FED might follow European Central Bank (ECB) and Bank of Japan (BOJ) policymakers in introducing negative rates on excess reserve. Their argument is that...

Danish krone likely to remain strong on Denmark’s large current account surplus

Feb 09, 2016 07:17 am UTC| Commentary

The large current account surplus of Denmark will narrow in near future as the rebound in economy takes hold; however, it will not go away completely. This will continue to keep upward pressure on the Danish krones peg to...

Mexico’s inflation in January likely accelerated, may surge above Banxico’s target

Feb 09, 2016 07:02 am UTC| Commentary

Mexicos January inflation is expected to have accelerated in January. The bi-weekly series had indicated that inflation through mid-January accelerated to 2.48% y/y from the record low of 2% y/y through mid-December. This...

More than 6 trillion bonds in negative yield as 10 year JGB drops to negative

Feb 09, 2016 06:44 am UTC| Commentary Central Banks

Is it BOJ or run to safety? Doesnt matter. Bank of Japans bid to flatten yield curve is turning out to be huge success but Yen and Nikkei are not at levels of their desire. Nikkei cash is down more than 5% today, and...