
Bund yields retreat to lowest in three weeks, further downside is likely
May 29, 2015 08:36 am UTC| Insights & Views
German 10 year bund yield is trading at its lowest point in three weeks, suggesting that further downside remain open. German retail sales grew at solid pace of 1.7% in April, compared to March, however sales are only...

Japanese consumers pour water on BOJ’s optimism
May 29, 2015 07:59 am UTC| Insights & Views
Bank of Japan in its latest economic review has suggested that economy has continued to recover moderately, taking cues from Japans GDP number that surprised on the upside by growing at 2.4% y/y in the first quarter,...

Cautious about Vega on ATM Puts
May 29, 2015 07:31 am UTC| Insights & Views
On the verge of economic data announcements in Euro zone as shown below, volatility in currency tend to go up given the tension in the market and readjusting of portfolios.Important data releases for today: German retail...

Bearish engulfing on EURUSD drags to further slumps
May 29, 2015 07:14 am UTC| Insights & Views
Technical insights: EURUSD:On a weekly chart the pair formed a bearish engulfing pattern candle with tall real body engulfs completely the previously formed two and half weeks bullish momentum which signifies the downside...

One OCR cut by RBNZ may not be enough
May 29, 2015 07:08 am UTC| Insights & Views
Latest survey by ANZ research revealed that New Zealand economy in spite of its current strength is losing steam and survey correspondents are more concerned of the economic prospects ahead. Headline business confidence...

SNB move strains Swiss economy
May 29, 2015 05:41 am UTC| Insights & Views
Swiss National Banks (SNB) January move to remove Euro peg has finally started to take its toll on economic activities. Swiss PMI has remained in contractionary zone for four consecutive months, starting from January,...
Guide to today’s important data and events
May 29, 2015 04:27 am UTC| Insights & Views
Lot of economic dockets to be released today with high risk associated. Focus is on GDP data. Data released so far - New Zealand - ANZ business confidence dropped sharply in April to 15.7 from 30.2. ANZ activity...