
China steel prices points to further woes
May 18, 2015 12:55 pm UTC| Insights & Views
Chinese central bank, Peoples bank of China (PBOC) has cut interest rates three times in last six months along with cuts in reserve requirement ratio, margin requirement for second house purchase in a bid to boost Chinas...
Increased implied volatility in US draws attention on Credit Options
May 18, 2015 12:42 pm UTC| Insights & Views
IG yields up, HY yields down: It was a contrasting performance as both IG and HY saw spreads rally but IG yields headed higher to 1.46%, from 1.35% last week. In contrast, HY saw its yield stable and dropping to 3.95%...

Gold and silver indicates further dollar weakness
May 18, 2015 12:30 pm UTC| Insights & Views
Gold is currently trading at $1225/troy ounce, above its resistance around $1224 area and silver today has been testing 3 month high and looks very close to breaking above and move higher. Both of them are indicating that...
Check how implied volatility played its vital role, trade on credit default swaps
May 18, 2015 12:06 pm UTC| Insights & Views
The latest rise in volatility in Euro markets has spread through the markets causing a severe re-pricing in sovereign bonds and pushed equity markets significantly lower. In this environment credit has been extremely...

Singapore’s widening BoT puzzles currency games, hedge potential depreciation with CRBS
May 18, 2015 11:20 am UTC| Insights & Views
Trade surplus widens: Singapore recorded a Balance of Trade (BoT) with a surplus of 5911200 Thousand SGD in April of 2015. Singapore economy relies on purchasing of intermediate goods and exporting of high-value added...
Dwindling economic activity poses challenge for BOJ
May 18, 2015 11:12 am UTC| Insights & Views
Bank of Japans (BOJ) asset purchase program known as QQE in short is facing challenges moving into its third year. As of now BOJ is purchasing Japanese assets namely government bonds at 80 trillion per annum. It remains...
Greece pays back IMF, by borrowing from IMF
May 18, 2015 10:32 am UTC| Insights & Views
Greek has paid back the IMF due of 750 million to IMF on May 12th, without the assistance of European creditors who are withholding last remaining tranche of 7.2 billion of Greek bailout program. A letter from Greek...