Oct 07, 2015 13:06 pm UTC| Insights & Views
Singapores CPI dropped to -0.8% from previous -0.4% which is not in line with consensus at -0.6% in August for the 10th consecutive month to the lowest since 2009. We think there is a non-negligible risk of Singapore...

Brazil’s inflation slows for second consecutive month
Oct 07, 2015 12:43 pm UTC| Insights & Views Economy
Inflation in Brazil has eased for second consecutive month, which takes some pressure of the central bank to hike rates further or go for a mega hike. Real has also gained pace last month after the central bank promised to...
Oct 07, 2015 12:01 pm UTC| Insights & Views
After a brief pause through mid-September due to the current crude price recovery, the uptrend in USD/CAD resumed as the pair moved to a new cyclical high at 1.3457 - the highest level since June 2004. We project the...

FxWirePro: Silver outlook – setting a key bottom
Oct 07, 2015 12:00 pm UTC| Insights & Views
Silver after touching key support level of $14/troy ounce in August as turmoil in financial market unfold after Peoples bank of China (PBoC) devalued Yuan by almost 2%, has been showing signs of some sort of comeback or...

Volkswagen Crisis Vis-à-vis German Growth
Oct 07, 2015 11:29 am UTC| Insights & Views Business
Manufacturing sector accounts for around 23% of German GDP (well above the Eurozone average of around 16%) and among this, 15% is car production. Volkswagen is the biggest of Germanys car makers and one of the countrys...

FxWirePro: Gold outlook – standing at crucial cross road
Oct 07, 2015 10:34 am UTC| Insights & Views
Gold is standing at important cross road. Key focus will be whether gold further builds over its recent surge from here or succumb to longer term downtrend pressure. In the short term, fundamentals are in favor of...

SNB reduces its intervention into Euro/Franc
Oct 07, 2015 09:53 am UTC| Insights & Views
Latest reserve data from Swiss National Bank (SNB) suggests SNB might have reduced pace of its intervention in September after heavy firing in July. In July, SNB reported net change in FX reserve by $15.2 billion, which...