FxWirePro: Stay short in copper price crunch versus lead longs
Sep 16, 2016 12:46 pm UTC| Insights & Views
The copper price should remain under downward pressure over the coming months, as supply growth is substantial and demand growth in China appears to be slowing. Significant copper supply growth is being driven by new...
FxWirePro: USD/CNH seagull structure for next phase of Chinese currency depreciation
Sep 16, 2016 11:58 am UTC| Central Banks Insights & Views
2016 year-end forecast of USDCNY at 6.85 is firmly upheld. The prospects of a Fed hike before year-end and a rise in capital outflows would likely to drive further Chinese offshore currency depreciation. We also hold...

Mexican economy unlikely to regain momentum before 2017
Sep 16, 2016 10:31 am UTC| Insights & Views Economy
Mexicos economy has lost steam in 2016 and the outlook has become cloudier with the upcoming US elections stoking uncertainty about future economic relations between the two nations. The Mexican economy expanded at a solid...
FxWirePro: Is demand/supply equation improved for WTI crude?
Sep 16, 2016 07:32 am UTC| Insights & Views
The crude oil markets have transitioned from huge global oversupply, seen in Q214 Q116, to a rough balance forecast for the next four quarters, Q316 Q217. The next transition, from rough balance to a significant...

FxWirePro: Stay long on AUD/NZD but not with exorbitant calls
Sep 16, 2016 06:38 am UTC| Insights & Views
There has been a complete de-coupling of the AUDNZD FX pair from relative rates, despite a strong correlation in recent years. Why does the kiwi fly so high? Theres nothing wrong withgrowth (around 2.7% this year), but it...

Sep 16, 2016 06:16 am UTC| Central Banks Insights & Views
RBNZ Preview: We expect the Reserve Bank to hold the OCR at 2% next week. The kiwi has been one of the top performers this year despite two RBNZ rate cuts. The RBNZs current easing cycle started in June 2015, and the...
A brief history of why students go away to uni
Sep 15, 2016 16:36 pm UTC| Insights & Views Life
As the middle of September arrives, the annual migration of students going away to university will once again begin. In the UK, this ritual of going away to study is widely regarded as the normal university experience....