
Emerging market vulnerability – Bank lending
May 04, 2015 10:25 am UTC| Insights & Views
According to survey by Institute for International Finance (IIF), composite index for EM bank lending conditions dropped to 48.1 in first quarter of 2015, lowest level since fourth quarter of 2011. Major drop in overall...
Hedge risky MYR with swaps against uncertainty in global economies
May 04, 2015 09:30 am UTC| Insights & Views
As BNM (Bank Negara Malaysia) will pronounce its next monetary policy decision on 7th May. We look ahead for overnight policy rate (OPR) to remain unchanged at 3.25%. The central bank detached the word "appropriate" from...

Italy’s growth comeback is good news for FTSE MIB
May 04, 2015 08:33 am UTC| Insights & Views
Signs are now abundant that growth in Italy is coming back to life along with Eurozone. Euro zones third largest economys rebound is very vital as it holds second highest Debt/GDP ratio close to 130% after Greece. This was...

Housing boom might keep RBA steady at tomorrow’s policy meeting
May 04, 2015 08:29 am UTC| Insights & Views
Tomorrow Reserve bank of Australia (RBA) will announce its monetary policy decisions at 4:30 GMT. As of now, RBAs benchmark lending rates remain at 2.25%. Traders would be closely monitoring RBAs decision to gauge...

Aussie dollar eyes on gains amid MPC meet tomorrow
May 04, 2015 08:24 am UTC| Insights & Views
The RBA has surprised markets twice in the past three months, leading to uncertainty about its May policy decision. Q1 inflation was not low enough to trigger an immediate rate cut, but we believe there is room to cut...

Sluggish AU unemployment, consumer confidence data disappoints streets
May 04, 2015 07:58 am UTC| Insights & Views
We are looking ahead to modest employment creation of 4,000 jobs against 37,700 in March as the ABS (Australian Bureau of Statistics) will announce Aprils labour market data on 7th May. The unemployment rate likely goes up...

Pound makes an inverted hammer, while Milliband unveils stone trick
May 04, 2015 07:30 am UTC| Insights & Views
UK political campaign, debates are all heating up as we move to the final week of campaign. Election to be held on 7th May, Thursday. Latest poll shows that Labour party leader ED Milliband is gaining popularity among...