Worrisome Signs Series

Worrisome Signs Series – S&P 500 diverges with its pace

Dec 23, 2015 09:26 am UTC| Commentary

After long 6 years of Bull run, SP 500 is on its way to close the year in negative. SP 500 is currently trading at 2045, down -1.3% for the year so far. Since the financial crisis of 2008/09, SP 500 has relied more on...

Currency War Series

Singapore's MAS unlikely to revise its monetary policy

Dec 23, 2015 09:21 am UTC| Commentary

Headline inflation in Singapore for November remained steady and stood at -0.8% year on year. For last thirteen months, the gauge is in negative territory. Similarly, the core inflation surprisingly reduced to 0.2% y/y...

Can GDP boost pound?

Dec 23, 2015 08:05 am UTC| Commentary

Office of National Statistics (ONS) will release final reading of third quarter GDP estimate. Pound traders are awaiting the release to take further cue from. Past trends - UK GDP growth stands highest among...

Brent at discount to WTI first time in more than a year

Dec 23, 2015 07:37 am UTC| Commentary

In last nights trading, global benchmark for crude oil Brent of North Sea has fallen to discount to its North American counterpart West Texas Intermediate (WTI) first time since November last year, before that it happened...

Ruble likely to soften further

Dec 23, 2015 07:10 am UTC| Commentary

The central bank of Russia left its key policy rate unchanged at its last meeting. The CBR foresees the inflation rate to fall in near future, therefore, it is unlikely to cut its policy rate next months meeting. The...

Guide to today’s important data and events

Dec 23, 2015 06:20 am UTC| Commentary

Lot of economic dockets to be released today, however all with low to medium risks associated. Data released so far - New Zealand - M3 money supply rose 8.4% in November. Upcoming - France - Third...

Russian economy likely to contract in 2015

Dec 23, 2015 06:08 am UTC| Commentary

The Russian economy posted a moderate growth rate of 05 percent in 2014 is expected to post a negative growth rate in 2015. The economy is expected to contract by 3.9% year on year in 2015, estimates Danske Bank. The...