Mexican peso consolidating gains vs. the USD month-to-date
May 19, 2015 07:39 am UTC| Commentary
The Mexican peso continues consolidating gains vs. the USD and month-to-date has advanced around 3%. In the short-term, MXN traders should look tothe central bank for inspiration to send the peso consistently below the...
Further weakening expected in the ZEW
May 19, 2015 07:36 am UTC| Commentary
In German, after five straight months of increases, the ZEW investor economic sentiment indicator dropped in April as expected, to 53.3 from the peak of 54.8 in March. This drop was however not as big as the analysts had...
UK inflation above consensus will trigger market reaction
May 19, 2015 06:59 am UTC| Commentary
Will inflation in the UK ease below zero? That is the question the markets are asking today in connection with the publication of the April data.According to consensus prices are likely to have stagnated again yoy. Even...
EUR-USD: The market continues to believe in monetary policy divergence
May 19, 2015 06:50 am UTC| Commentary
A combination of EUR weakness and USD strength drove EUR-USD back towards 1.13 yesterday. There were no data publications or other news that had triggered the move. Even though Greece was once again dominating the...
Commodity Road map - Strong demand the key to oil market strength
May 19, 2015 06:30 am UTC| Commentary
The main contribution to oil-market rebalancing has come from demand. ILZSG data shows the refined zinc market quarterly surplus in Q1-2015 was the largest since 2011. The decline in US shale oil output looks set to...
General credit market news: May 19th, 2015
May 19, 2015 06:25 am UTC| Commentary
European credit indices remained range bound last week with iTraxx main trading the 59.5-62.5 range, ending unchanged at around 60bp. The iTraxx Crossover index was range bound between 272bp and 293bp, closing more or less...
BoE's decision likely to remain unanimous
May 19, 2015 06:12 am UTC| Commentary
The members of the Bank of England (BoE) Monetary Policy Committee (MPC) are expected to have voted unanimously to keep the bank rate unchanged at their May meeting. The minutes of the meeting, due on 20 May, will likely...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects