EU wheat production likely to increase

Dec 07, 2015 11:43 am UTC| Commentary

Recently, wheat exports from eurozone have been increased, and thereby attributed to the weak euro. Meanwhile, a sharp increase in EUR against US dollar is noticed on Thursday. The wheat plants during winter are good,...

Currency War Series

BoE to stay pat at Thursday's meet, scope for some macroprudential considerations

Dec 07, 2015 11:39 am UTC| Commentary Central Banks Technicals

The BOE has held off raising rates for a long time now. The last MPC meeting made it evident that a strong GBP was a larger concern for the BoE than previously perceived. After the ECB disappointed the market significantly...

Currency War Series

Swiss FX reserve rises with intervention

Dec 07, 2015 10:34 am UTC| Commentary Central Banks

For the past month, looking at Euro/ Franc exchange rate, we have been speculating that Swiss National Bank (SNB) might be intervening in the market on regular basis to pop up Euro against Franc and to maintain some...

Swiss FX reserve rises with intervention

Dec 07, 2015 10:27 am UTC| Commentary Central Banks

For the past month, looking at Euro/ Franc exchange rate, we have been speculating that Swiss National Bank (SNB) might be intervening in the market on regular basis to pop up Euro against Franc and to maintain some...

China’s growth likely set to slow further

Dec 07, 2015 09:53 am UTC| Commentary

There should be further narrowing of the premium of GDP growth relative to the developed countries in other emerging markets. This might be mainly because of China, which amounts to 38% of EM GDP, where there is a rapid...

BoC unlikely to change bank rates next year

Dec 07, 2015 09:52 am UTC| Commentary

Last week the Bank of Canada retains its current level bank rate. The recovery in the United States, depreciated currency, and last monetary easing are supporting the economic adjustment in Canada. Monetary policy of the...

Euro retreats along with bond yields

Dec 07, 2015 09:43 am UTC| Commentary

Euro is back falling against Dollar, however it would be premature to assume that Euro down trend is back, after Thursdays violent surge. After shunning European bonds on Thursday, investors are back pumping some money...