May 18, 2015 16:17 pm UTC| Commentary
The Euro rallied to a 3-month high against the US dollar on Friday after poor US economic data releases. The Euro also continues to benefit from a recent sharp rise in Euro Zone government bond yields.The move in bonds...
May 18, 2015 16:12 pm UTC| Commentary
The US released another batch of weaker-than-expected economic data on Friday, leading more traders to question the outlook for the US dollar over the next 1-3 months. The data showed industrial output shrank 0.3 percent...
May 18, 2015 16:11 pm UTC| Commentary
GBP/USD is down by over 1 percent since reaching 5-month highs last week as some analysts say Sterlings strong post-election rally has run its course. Following the unexpected election result on the night of May 7th,...
May 18, 2015 15:29 pm UTC| Commentary
German Bunds are turning bullish. Evidence points to a top in Bund yields. A break of the 200d and the May-08 low (60bps 51.9bps, respectively) confirm the turn.The corrective narrowing in the US-GER 10yr spread is...

China's CD rates likely to fall further
May 18, 2015 12:31 pm UTC| Commentary
CD offered rates - the de facto benchmark interest rates in the CNH market - have declined sharply. The 1Y CD offered rate is now around 3.3-3.4%, versus a peak of 4.5-4.7% in March."CD rates are expected to fall further,...

May 18, 2015 12:28 pm UTC| Commentary
Primary issuance of CNH bonds has been very week. Gross issuance in JanuaryApril 2015 was CNY 151bn, down by 46% from the same period last year.Although the situation has been improving recently, YTD net issuance of CNH...

May 18, 2015 12:27 pm UTC| Commentary
Primary issuance of CNH bonds has been very week. Gross issuance in JanuaryApril 2015 was CNY 151bn, down by 46% from the same period last year.Although the situation has been improving recently, YTD net issuance of CNH...