June FOMC minutes: An unusually insecure committee
Jul 08, 2015 20:43 pm UTC| Commentary
Heading into the release of the minutes to the June FOMC minutes, we were looking to see whether they could resolve the apparent discrepancy between the June FOMC statement, which contained a more upbeat assessment of...
Declining liquidity in sovereign markets: Emerging fault lines
Jul 08, 2015 19:50 pm UTC| Commentary
Liquidity, or the lack thereof, has become a major discussion topic in the bond market recently, with various prominent market participants highlighting its deterioration as a potential source of future market...
Minutes of Fed's June Policy Meeting
Jul 08, 2015 19:33 pm UTC| Commentary Central Banks
While the June policy statement didnt break much new ground on the Feds future actions, the minutes to the meeting were more revealing, and suggest that recent global developments could stay its tightening hand this...
China's stock market rescue packages' impact muted
Jul 08, 2015 18:30 pm UTC| Commentary
The Chinese government is having a whatever it takes moment with the stock market. Numerous rescue measures have been announced by various government departments in the past week. Nearly all the nonbank financial...
Jul 08, 2015 17:50 pm UTC| Economy Commentary
Todays Summer Budget was more about fulfilling election pledges than economics. As expected, the government announced major cuts in welfare spending but it still has to find additional savings in the autumn spending round...

Jul 08, 2015 17:32 pm UTC| Commentary
The exodus of Chinese stocks continued today as the Shanghai Composite fell 5.9 percent. In an attempt to tame the massive sell-offs, Chinese officials have pulled out all the tricks in the bag. Policy makers froze...
Triggers for further EUR downside
Jul 08, 2015 17:01 pm UTC| Commentary
Life has not been easy for Euro bears. Shorting the Euro was a widow-maker in the years before May 2014. It was one of the best FX trades from May 2014 to March 2015. And it has been going nowhere since then, with EUR/USD...