FxWirePro: ZAR to resume losses against dollar as South Africa’s external vulnerabilities linger
Oct 05, 2015 13:43 pm UTC| Insights & Views
After the central banks of South Africa, Nigeria and Kenya decided to keep rates on hold last week, attention shifted to a glut of macro data.South Africa reported a trade deficit of -ZAR9.9bn in August, the largest since...
FxWirePro: INR to stay FX outperformer among BRICS and other EMs
Oct 05, 2015 13:25 pm UTC| Insights & Views
Despite that fact that the growing concerns over whether next recession is underway or not, Chinese growth has slowed and rising market risk aversion, we foresee INR as less vulnerable to Chinas slowdown due to relatively...
Funding currencies retreat over rising risk aversion
Oct 05, 2015 12:52 pm UTC| Insights & Views
Funding currencies struggled to make any sustainable gains over Dollar, in spite of weaker payroll report on Friday. Rising risk aversion and lack of demand for safe haven and liquidity could be blamed for this. Euro on...
Funds likely to flow towards Portugal as Coelho returns to power
Oct 05, 2015 11:36 am UTC| Insights & Views
After more than 5 years of economic and political turmoil, latest economic dockets and series of election point that stability is returning to European Monetary Union (EMU). Pedro Passos Coelho led his centre-right...

RBA to stand pat in Oct policy meet, weakness expected in exchange rate
Oct 05, 2015 11:19 am UTC| Insights & Views Central Banks
Australias current cash rate stands at a record low of just 2 percent after the RBA slashed rates by 25 basis points, or 0.25 per cent, in both February and May this year. Market and most analysts believe interest rates...

Eurozone services growth still solid but losing steam
Oct 05, 2015 10:43 am UTC| Insights & Views
Economic dockets from Euro zone are painting mixed picture of the region, while growth is definitely way stronger than it was during crisis of 2011/12, even much better than pre-QE, the turmoil in emerging markets is...

Eurozone consumers signal strength via retail trade
Oct 05, 2015 09:32 am UTC| Insights & Views
Euro zone consumers are living up to the theory that reformed European Monetary Union has one of the best growth dynamics in the world as of now. While weaker Euro is working its magic for exporters making their products...