Strong retail sales likely to limit downside risks to sterling even as dollar rises

Nov 17, 2016 09:22 am UTC| Commentary

The pound has been the top performer over past two weeks, despite the strength in the dollar. The high courts decision that the government would have to seek parliamentary approval before it can trigger Article 50 has...

Renminbi Series

Renminbi Series: Record weakening of yuan fix

Nov 17, 2016 08:45 am UTC| Commentary Economy

The Peoples Bank of China (PBoC) has weakened the yuan against the dollar again today that marked the weakening of the yuan fix for 10 consecutive days. Previously in three Separate occasions, PBoC weakened the yuan fix...

U.S. CPI likely to rise in October on higher energy prices, headline inflation to edge higher in coming months

Nov 17, 2016 08:45 am UTC| Commentary Economy

The consumer price index (CPI) of the United States is expected to have risen during the month of October, following higher global energy prices. Also, the headline inflation is likely to maintain the uptrend in the coming...

Indian 10-year bond yields hit all time low on higher RBI easing consensus; likely to fall below 6 pct

Nov 17, 2016 08:45 am UTC| Commentary

The Indian 10-year bond yields hit all-time low Thursday on rising speculation that the Reserve Bank of India will lower its repo rate by 25 basis points to 6 percent in its next month monetary policy meeting. Also, we...

Worrisome Signs Series

Key tail risks that worries investors

Nov 17, 2016 08:12 am UTC| Commentary Economy Central Banks

According to Bank of America Merrill Lynch (BofAML) survey in November, investors are most worried over eight tail risks, which they believe could heavily impact the portfolios. Only three of these risks were previously...

FxWirePro Medium Term Outlook: Buy NZD/USD targeting 0.8 area

Nov 17, 2016 07:33 am UTC| Commentary

The New Zealand dollar has been under pressure from two fronts. One, the Reserve Bank of New Zealand (RBNZ) has reduced rates by 25 basis points this month and the dollar has been going strong lately after Donald Trump...

Bank of Mexico likely to hike interest rate by 50 bps in November

Nov 17, 2016 07:26 am UTC| Commentary

[The article has been edited to attribute the quotation to Societe Generale] The Bank of Mexico preferred to wait and watch the entire effect on the peso after the U.S. election results were announced last week, rather...