South Korea's exports are likely to have weakened in August

Aug 31, 2015 21:44 pm UTC| Commentary

South Koreas exports are likely to have weakened in August after a stable performance in July. Based on interim trade data until 20 August, it is estimated that the exports will decline from $46.6bn to $42.0bn. Temporary...

Medium-term USD/JPY uptrend intact

Aug 31, 2015 21:25 pm UTC| Commentary

A lack of credible announcements by global policy makers to support the growth and markets could pressure USD/JPY and Japanese equity near-term at a time when concern can naturally rise over negative feedback from the...

How long should investors maintain a wait-and-see stance?

Aug 31, 2015 21:11 pm UTC| Commentary

Although demand for defensive assets is rising due to a global equity rout brought by the decline in Chinese stocks and sudden devaluation of the CNY, the JGB market is relatively stable at this point. It is because JGBs...

Monetary policy divergence will eventually weaken Euro

Aug 31, 2015 21:02 pm UTC| Commentary

Normalization of monetary policies will be driving markets for years to come. The Fed is expected to lead the way. Other G10 central banks are likely to continue moving to the opposite direction for a while, and then start...

USTs gain leadership over Bunds, while supply could also pressure Bunds

Aug 31, 2015 20:54 pm UTC| Commentary

With bond yields in Europe having retracted a third of the sell-off, the ECB is not expected to go as far as announcing new easing measures at the Sep meeting, despite the downside risks to their inflation forecasts. In...

Contagion threat for the U.S. lift-off

Aug 31, 2015 20:37 pm UTC| Commentary

The market has thrown a September rate hike in doubt following the recent rout in Chinese equity markets which then spilled over to global markets. The market only prices a 4bp increase of the effective fed funds rate...

Will New Zealand follow the Australian example?

Aug 31, 2015 16:40 pm UTC| Commentary

Australians have looked across the Tasman with some envy in recent years as the New Zealand economy appeared to be outperforming through 2014 and into 2015. However, it now seems the NZ economy will follow the Australian...