Currency snapshot (major pairs)

Oct 12, 2015 15:15 pm UTC| Insights & Views

Dollar index trading at 94.75 (-0.12%). Strength meter (today so far) - Euro +0.12%, Franc -0.11%, Yen +0.20%, GBP +0.22% Strength meter (since last week) - Euro +0.12%, Franc -0.11%, Yen +0.20%, GBP +0.22% EUR/USD...

Renminbi Series

Renminbi series – Is capital flight over?

Oct 12, 2015 14:28 pm UTC| Insights & Views

Peoples bank of China (PBoC) this morning fixed the Yuan stronger against Dollar for seventh consecutive day, which makes it among the top 10 consecutive as well as strengthening move in the world. It is also Renminbis...

Riksbank to deal with catch 22 situations of currency depreciation, inflation and wage negotiation

Oct 12, 2015 13:37 pm UTC| Insights & Views Central Banks

Currency pressures The generally negative tone of risk for SEKs traditional status as a risk proxy. The apparent reversal of SEKs relationship with general risk appetite is largely a consequence of the fact it trades as...

US gets closer than ever in lifting oil export ban

Oct 12, 2015 13:30 pm UTC| Insights & Views

US is now closer than yet far away from lifting a 40 year ban on crude oil exports, which could reshape not only crude oil market but global geo-politics. The ban came into force back in 1970s, when Arab oil embargo pushed...

OPEC expects oil market to balance by end-2016

Oct 12, 2015 13:13 pm UTC| Insights & Views

OPEC once again sharply lowered its forecast for oil production outside the cartel and now expects the market to rebalance by end of 2016. OPEC cartel in its monthly report said that production growth outside OPEC, led by...

Global economic slowdown most likely to weigh on German exports

Oct 12, 2015 12:50 pm UTC| Insights & Views

Despite a soft patch in global demand, which significantly hurt world demand for Germany (flat on average in H1), exports resisted quite well, even accelerating to 2.2% QoQ in Q2, owing to a large increase in market shares...

Why BOJ reluctant to increase stimulus?

Oct 12, 2015 12:07 pm UTC| Insights & Views

Bank of Japan (BOJ) governor Haruhiko Kuroda, hinted over the sidelines of IMF meeting in Lima, that there is unlikely to be a stimulus expansion of October 30th, which is in clear contradiction to many analysts and...