
Upswings on EURJPY rally, minor gains on BPS
May 08, 2015 10:33 am UTC| Insights & Views
The BoJ left its asset purchase program unchanged at both of its two April meetings despite some political (and then market) uncertainty to the contrary.Given our skepticism that there would be a fresh policy message,...

UK need to reverse record trade deficit for longer term sustainability
May 08, 2015 10:09 am UTC| Insights & Views
While UKs service sector remains strong and envy for countries around world, its worsening goods trade balance remains Achilles Heel for pound. Today, office of National Statistics (ONS) released trade balance details for...

Rising volatility poses challenge for traders
May 08, 2015 09:10 am UTC| Insights & Views
Volatility in developed market currencies are posing biggest challenge for professional and retail traders as with higher volatilities come with greater risk, along with risk of stopping out of trades. On other hand higher...

Aussie faces challenge as Chinese import slows down
May 08, 2015 08:30 am UTC| Insights & Views
Aussie bull once again failed to break above key resistance around 0.80 as dollar strengthen last night over bund yields drop. Todays Chinese trade statistics provided further blow to Aussie bulls. Chinese trade balance...
Latin American inflation concerns their currencies
May 08, 2015 08:16 am UTC| Insights & Views
In Brazil, after the rise in the Selic target by another 50 bps to 13.25% in April, we expect the Copom (MPC of Brazil) proceedings to shed more light on how much tightening is left in the cycle.It is forecasted that...

Bund yield drops, sours Euro rally
May 08, 2015 07:50 am UTC| Insights & Views
Last night Euro was sold off sharply after trading as high as 1.139 and by today morning Euro is trading close to 1.12 against dollar. Heavy price swings and latest rally in EUR/USD has been closely associated with rise...
CNY to tumble on poor international trade volumes in Asia
May 08, 2015 07:36 am UTC| Insights & Views
Chinese international trade has been disappointing, their exports unpredictably fell 6.4 % in April from a year earlier and imports tumbled by a deeper than forecast 16.2 % which have to add fuel to the outlook that...