FxWirePro: Is Norwegian Krona unfrozen, not yet cooking? Uphold NOK longs
Jan 17, 2017 12:12 pm UTC| Research & Analysis Insights & Views
The forecast envisages a second successive year of NOK appreciation, albeit at 5% the magnitude of the move is expected to be somewhat less than in 2016. The year-end forecast for EUR/NOK is pinned at 8.60. NOK broke...
FxWirePro: Harder Brexit, UK’s gloomy forecasts, and OTC indications still tip-off fragile sterling
Jan 17, 2017 11:20 am UTC| Research & Analysis Insights & Views
After Brexit apprehensions, GBPUSD recoupled with short-term rates, which are unlikely to trend in H117. The Brexit formalities would not be softbut seemunlikely to bring in large surprises or any dramatic movements in GBP...
FxWirePro: Stay short in EMFX in 2017 despite momentary bullish setting – Outright trades
Jan 17, 2017 09:28 am UTC| Research & Analysis Insights & Views
In the recent past, EM FX basket has recovered against a backdrop of widespread dollar softness. The squeeze of long USD positions, more dovish-than-expected December FOMC minutes and falling UST yields have resulted in...
Jan 17, 2017 07:58 am UTC| Research & Analysis
Stay long Feb17 CME gold Following the December Fed hike, macro markets broadly reacted meaningfully to the more hawkish rate projection, with gold specifically selling off to $1,213/oz. This price level for gold made us...
Jan 17, 2017 06:01 am UTC| Research & Analysis Insights & Views
British consumers powered the economy through Junes Brexit vote and beyond, but many economists ponder accelerating inflation would weigh on household spending this year.Consumer-price data, as well as measures...
Moody's: Singapore banks will weather through further weakening in asset quality
Jan 17, 2017 01:38 am UTC| Research & Analysis
Moodys Investors Service says that Singapores three largest banks - DBS Bank Ltd. (DBS, Aa1/Aa1 stable, a1), Oversea-Chinese Banking Corp Ltd (OCBC, Aa1/Aa1 stable, a1) and United Overseas Bank Limited (UOB, Aa1/Aa1...
Jan 16, 2017 12:53 pm UTC| Central Banks Research & Analysis Insights & Views
The lira drew out a modest recovery on Friday after the central bank came up with additional actions to tighten liquidity in the banking system. In the past two days, CBT has canceled its normal one-week repo funding for...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight