German bunds mixed ahead of FOMC meeting

Apr 26, 2016 08:50 am UTC| Commentary

The German bunds were trading mixed on Tuesday as investors await for Federal Reserves monetary policy meeting and Federal Reserve Chair Janet Yellens speech in an attempt to estimate the Feds likely next step to raise...

New Zealand’s building consents to trend higher

Apr 26, 2016 08:43 am UTC| Commentary

Building permits in New Zealand are likely to remain on a higher trend, according to ANZ. Building permits have been volatile, with consent issuance increasing sharply by 11% m/m in February, following a drop of 8% in...

Australia’s inflation likely contained in Q1 on declining domestic energy prices

Apr 26, 2016 08:03 am UTC| Commentary

Australias inflation is likely to have been contained in the first quarter of 2016, according to Societe Generale. This is because of the falling domestic energy prices and non-existent unit labour cost growth. But...

FX Hedging Strategy Series

FxWirePro: “Call Broken Wing Butterfly Spread” as an alternative hedging or trading vehicle for NZD/USD swings

Apr 26, 2016 07:28 am UTC| Commentary

Lets shed some light on OTC FX: Since, ATM IVs of 1W expiries are at 16.98% and 14.08% for 1M tenors, so the volatilities implied in FX option market of this pair is likely to perceive higher volatility times which is...

New Zealand likely recorded trade surplus in March, but terms of trade to fall around 10 pct in 2016

Apr 26, 2016 07:23 am UTC| Commentary

New Zealand is likely to have recorded a modest trade surplus last month, according to ANZ. The country usually posts trade surplus in March, which is the seasonally high point for the country, due to solid export values....

Philippines likely recorded double-digit import growth again in February

Apr 26, 2016 07:22 am UTC| Commentary

The Philippines is likely to have recorded a double-digit import growth in February 2016, according to market expectations, noted DBS Bank. However, the import growth is expected to come in lower from Januarys 30/8% y/y....

Renminbi Series

Renminbi Series: State firms’ profits decline reveal vulnerability

Apr 26, 2016 07:21 am UTC| Commentary Economy

Yet another evidence of weakness from China, where conditions seem to have eased in recent times. Rising stock market around the world, makes turmoil at beginning of the year makes a fading memory. House prices are rising...