Corporate bond issuance back in demand as Greece settles down
Jul 20, 2015 13:08 pm UTC| Insights & Views
After a long mute, over Greek debt drama, European corporate bond market has started to rattle again. With Greece gone focus now turning on to monetary policy once more. With assurance that European Central Bank (ECB)...

FxWirePro: €/$ to test 3 month’s lows; tunnel construction using ITM binary puts
Jul 20, 2015 12:30 pm UTC| Insights & Views
Greek banks were set to reopen on Monday after a forced 3-week closure but restrictions on cash withdrawals were still to remain. In a decree Saturday, the Greek government kept the daily cash withdrawal limit at 60 but...

£/$ remains stiff but little bearish owing to optimism of Fed’s rate hike
Jul 20, 2015 12:28 pm UTC| Insights & Views
We have very little data to drive markets this week, especially around the main macro theme of when the Fed and the BoE are going to start moving interest rates. The sterling was almost stagnant against the dollar until US...
Jul 20, 2015 12:19 pm UTC| Insights & Views
The European Commission has sent 7.16 billion to Athens as part of emergency financing or bridge loan to prevent a default by Greece to European Central Bank (ECB), which would have forced ECB to withdraw Emergency...

US inflation expectations stable, in spite of drop in Crude price
Jul 20, 2015 11:33 am UTC| Insights & Views
The above chart shows that inflation expectations in US may not be rising rapidly, however it has disconnected somewhat from energy prices. In 2014, inflation expectations as measured by 5 year-5 year forward inflation...

Jul 20, 2015 11:08 am UTC| Insights & Views
BoEs Governor Carney has also made optimistic comments similarly to Yellen, of rates starting their slow normalization process around the turn of the year. This brings anything from November to February into focus, and has...

Rising treasury yields support dollar
Jul 20, 2015 10:34 am UTC| Insights & Views
Dollar is performing very well today. Dollar index, which a measure of value of dollar against basket of currencies is currently trading at 98.02, up 0.08% for the day. Dollar has broken pound, which is down 0.12% so far...