Mar 12, 2015 18:45 pm UTC| Commentary
The yen put some distance between its eight-year lows in the 122 against the greenback as U.S. Treasury yields edged lower which gave the Japanese investor less reason to venture away from home and seek better returns...
Mar 12, 2015 18:45 pm UTC| Commentary
The smallest U.K. trade deficit in nearly a year helped sterling rebound from 20-month lows under $1.50 against the greenback. The pound was the latest currency this week to plunge to fresh lows against its rapidly...
Mar 12, 2015 18:44 pm UTC| Commentary
The fast falling euro finally caught a break as it bounced above fresh dozen year lows under $1.05. The euros months long slide gathered pace this week after the ECB hit the start button on its gigantic bond buying...
10/30Y Bund spread has still some room to go
Mar 12, 2015 18:34 pm UTC| Commentary
Over the last few days, the extra-long end of EGB curves has benefited massively of QE flows, with the extra-long of the EGB curves flattening sharply.The 10/30Y Bund spread has flattened massively. The 10/30Y Bund is...
Stronger dollar should continue to keep US import prices down in the near term
Mar 12, 2015 18:10 pm UTC| Commentary
US imported inflation rose after seven consecutive declines, following a rebound in energy prices. Import prices increased 0.4% m/m (-9.4% y/y) in January, below our forecast (0.6% m/m) but above consensus (0.2% m/m)...
UK imports will likely grow at a faster rate than exports this year
Mar 12, 2015 17:46 pm UTC| Commentary
UK overall trade deficit narrowed from 2.1bn in December to 0.6bn in January. (Data released on Thursday.)About one third of this narrowing reflected an improvement in the trade in oil deficit on the back of the recent...
RBNZ to cut cash rate to 3.0% by the end of the year
Mar 12, 2015 17:39 pm UTC| Commentary
RBNZs decsion to leave its official cash rate unchanged at 3.5% came as no surprise.The c.bank revised up its forecast for GDP growth in the twelve months from April 2015 to March 2016, from the 3.4% figure published in...
Young middle-class Nigerians are desperate to leave the country: insights into why
How the Mandela myth helped win the battle for democracy in South Africa
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects