Pound banks gains on upcoming data releases, SLF offsets returns of futures
May 15, 2015 10:37 am UTC| Insights & Views
As stated earlier the UKs economic and political shape is better than we have thought earlier. As a central case, we are maintaining the moderately positive stance particularly against Euro.BoE MPCs approach to the...

Stronger Deposit growth with lagging credit demand is drag to Indian banks’ profitability
May 15, 2015 10:29 am UTC| Insights & Views
Indian banks are seeing heavy deposit inflow driven by consumers optimism as new government came to power last year and moving with their reform agenda to reverse Indias ailing economy. New government launched Pradhan...

SNB credibility at risk as deflationary pressure deepens to worst since crisis
May 15, 2015 09:10 am UTC| Insights & Views
Primary goal of Swiss National Banks (SNB) monetary policy is to maintain price stability, however evidence indicate that SNB is failing its goal for consecutive years putting serious doubts on SNBs credibility as well as...
Dollar freeze gains suspecting on data release
May 15, 2015 08:46 am UTC| Insights & Views
In the US, streets will still carry on to absorb the recent data releases to evaluate projections of a rebound in economic growth in Q2 and now some more in the row. Yes indeed it would IP, empire state MI and consumer...

FED fund future says no hike this year
May 15, 2015 08:12 am UTC| Insights & Views
Rate hike expectations have shifted considerably with relatively dovish commentary from FED policymakers and weaker than expected economic releases from US. As of now market is predicting first rate hike of 25 basis...

Canada’s factory sales likely to stimulate CAD’s ‘Bull Run’, hedge forex risk using CRS
May 15, 2015 07:55 am UTC| Insights & Views
Manufacturing shipments: Today a factory sales figure of Canada is scheduled to be released. Its a leading economic indicator that shows how quickly manufacturers are affected by market conditions and the prospect of...
Look at inflation and stop talking taper
May 15, 2015 07:20 am UTC| Insights & Views
It has been little more than two months, European Central Bank (ECB) started its massive 1.1 trillion asset purchase program and market participants are already talking taper. We have been warning against such talks as...