Currency War Series

Indonesia’s central bank likely to cut rate this month

Jan 13, 2016 09:50 am UTC| Commentary Central Banks

Indonesias December CPI dropped to 3.35% YoY on a sluggish growth, last seen in December 2009. As the economy decided to increase the domestic retail prices of diesel and gasoline in December 2014 with a motive of...

Currency War Series

US Fed, BoE Seen on Rate Hiking Path

Jan 13, 2016 08:59 am UTC| Commentary Central Banks

Although recent concerns have boosted the risk of additional easing of monetary policy than expected, there has to be more evidence of the instability in the financial market either for a longer period of time or for spill...

Euro inclined to appreciate in long run

Jan 13, 2016 08:57 am UTC| Commentary

Equity investors had increased their holdings of EUR equities on FX hedged basis when divergence of monetary policy had begun by mid-2014. The investors had also hedged present EUR equities holdings. This implies that peak...

When will BOE hikes start pricing in?

Jan 13, 2016 08:50 am UTC| Commentary Central Banks

Bank of England (BOE) was largely expected to follow FED in hiking rates, it is still expected to do so however there is a difference now. Initially it was expected to do so, due to its aggressive hawkish tone, now its...

Oil in Global Economy Series

Is oil set to recover from 7 days decline?

Jan 13, 2016 08:26 am UTC| Commentary

Oil this year so far has declined in each of the trading day, wiping out a fifth of its value. However today price seems to be on the way to stage a recovery, at least a pause. WTI is currently trading at $30.8/barrel, up...

Antipodeans rise on better than expected Chinese data

Jan 13, 2016 07:51 am UTC| Commentary

Chinas central bank set the reference rate within 2 pips of the prior fix at 6.5630, continuing to stabilize the CNY fix. The Chinese equities initially rallied in the early trade, but were flat by mid day. Out of the G20...

Euro likely to be strong in long run

Jan 13, 2016 07:37 am UTC| Commentary

For the past three years, EUR has been the third worst performing currency in G10 on a trade-weighted basis. Domestic Inflation is likely to surpass expectation in the currency bloc, particularly as there is a rebound in...