
Jan 05, 2016 13:24 pm UTC| Commentary
Energy pack is red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI gave up gains as risks stemming from Saudi-Iran relations fail to stir up global turmoil. Todays range $36.4-37.1 WTI is...
Jan 05, 2016 13:08 pm UTC| Commentary
In H1 2016, considerable odds on the UK to leave the EU is a concrete risk that will progressively grab market concentration. But uncertainty and expectation should keep on elevated until the referendum and the outcome...
Canada’s employment report and PMI to provide momentum to Loonie
Jan 05, 2016 12:57 pm UTC| Commentary
Canadian economy registered no growth and posted flat retail sales in October as recent economic data dragged the economy to the downside. The market wonders if more policy stimulus will be needed in 2016 as lack of...
FED hike aftermath series – market becoming hawkish in hike expectation
Jan 05, 2016 12:28 pm UTC| Commentary Central Banks
Market is now more hawkish than last time we checked after FED hike in December and speech from Janet Yellen. Market seems to be expecting FED to be more aggressive in 2016. Lets look at the market pricing of hikes over...
Middle East in sectarian divide
Jan 05, 2016 12:26 pm UTC| Commentary
Middle East has plunged to a decade old era of political rivalry, which saw gulf wars and revolution decades back. Saudi Arabia, severed ties with Iran this week, in response to over the weekend attack on Saudi Embassy in...
Japan’s wage trend crucial for BOJ policy outlook
Jan 05, 2016 12:01 pm UTC| Commentary Economy Central Banks
USD/JPY has been moving strongly between the range of 118-120, on unexpected Bank of Japans QQE program on 18 December meeting. The pair has been weighed down in the final sessions of year end by weaker risk sentiment and...

Worrisome signs series – Global corporate defaults hit highest since 2008/09 crisis era
Jan 05, 2016 11:06 am UTC| Commentary
According to data from Standard Poor rating agency, global corporate defaults are on the rise and in 2015, it has hit highest since 2009. According 34 year history, as shown in figure default rates move up during...