EUR/USD range-bound after disappointing ECB

Dec 07, 2015 03:10 am UTC| Commentary

ECBs interest rate decision disappointed the market expectations. Most importantly, the absence of strong forward guidance in terms of further cuts to depo rate was disappointing. This signals from the central bank,...

USD likely to resume its upward trajectory after Fed lift-off

Dec 07, 2015 03:04 am UTC| Commentary

Greenback is likely to resume in its upward trajectory versus the emerging market and high-beta G10 currencies as there are high expectations for an interest rate hike by US Fed in its December meeting. The NFP report...

Looking past the ECB and unto the Fed

Dec 07, 2015 02:55 am UTC| Commentary Central Banks

Market sentiment flip-flopped over the past two trading days. Disappointment on European Central Banks (ECB) policy actions triggered a sharp selloff in UST and Eurozone sovereign bonds. Equity markets followed suit. By...

Currencies Outlook: Disappointed with EUR, optimistic about USD, cautious about Asia

Dec 07, 2015 02:52 am UTC| Commentary

Last week, the EUR appreciated 3% on disappointment over the European Central Banks (ECB) fresh stimulus measures on 3 Dec. Naturally, there is concern that the Feds rate lift-off next week (16 Dec) may turn out to be...

Almost everything in the US November labor reports fell back to the respectable-if-pedestrian trend of the past four years

Dec 07, 2015 02:39 am UTC| Commentary

Almost everything in the November labor reports fell back to the respectable-if-pedestrian trend of the past four years and wont raise any fresh anxiety at the Fed when it pulls the trigger on lift-off 11 days from now....

India's GST committee tables proposals

Dec 07, 2015 02:28 am UTC| Commentary Politics Economy

In midst of the winter parliamentary session, the government is keen to gain traction on the key Goods and Services Tax (GST) bill. Passage of the latter will provide the much-needed impetus on big-ticket reforms. Towards...

Malaysia's exports surged but largely due to valuation effect from weaker currency

Dec 07, 2015 02:10 am UTC| Commentary Economy

Malaysias exports surged but largely due to valuation effect from weaker currency. Export sales for October rose by a stunning 16.7% YoY. This is the fifth consecutive month of increase, the highest since April 2014 and...