China’s trade data to help alleviate concerns of economic slowdown
Jan 14, 2016 05:00 am UTC| Commentary Economy
Recently released Chinas trade data indicates a modest rebound instead of a downturn that was anticipated by markets. This will help alleviate concerns of the economic slowdown of the nation and help global risk sentiment....
AUD depreciated against US dollar despite positive job reports
Jan 14, 2016 04:12 am UTC| Commentary
Pair is supported just above $0.6900 levels and touched 4 month low at $0.6920 levels. To the down side immediate support level is seen at $0.6907 levels, September 2015 low. Australian labour statistics on...

Asian markets opened in red, more uncertainty prevails
Jan 14, 2016 03:35 am UTC| Commentary
Hong Kongs benchmark Hang Seng index opened 1.77% lower at 19,582.52 points, and mainland Chinas benchmark Shanghai Composite plunged 2.67% to 2,870.90 points when markets opened in China for the day. Japans Nikkei 225...

Should the BOJ fret about the yen’s recent move?
Jan 14, 2016 03:04 am UTC| Commentary Central Banks
Since the start of this year USD/JPY breached the level of 120 and fell to 117-118 in the recent one week. Compared to the end of 2015, the yen has appreciated 1.7% versus the dollar, 1.9% versus the euro, 3.0% versus the...

Malaysian government looks to revise Budget 2016 on lower oil assumptions
Jan 14, 2016 02:49 am UTC| Commentary
Malaysian government is looking to revise Budget 2016 based on lower oil price assumption. PM Najib will be chairing a fiscal policy committee meeting this month to revise the 2016 Budget. The move is to realign the fiscal...

Policy address complements Five-Year Plan in Hong Kong
Jan 14, 2016 02:23 am UTC| Commentary Economy
Chief Executive CY Leung promised to submit proposals to complement the National 13th Five-Year Plan in last years address. Many complementary proposals are spotted in this years policy address. Most notably, a section was...
Extreme volatility in Oil prices drives EUR/NOK down
Jan 13, 2016 22:43 pm UTC| Commentary
Markets have experienced extreme volatility in Oil prices since January 4, 2016. Same way markets expect the trend reversal during the 1st quarter of 2016. This also means that EUR/NOK topping out around the same time...