Feb 10, 2016 07:52 am UTC| Insights & Views
The pressure remians during 2016 amongcommodity drivencurrencies - iron ore for AUD and BRL, copper for CLP, dairy for NZD - supply growth in 2016 will be below the peak rates of the past few years but still too strong to...
Feb 09, 2016 13:05 pm UTC| Insights & Views
As we saw in our recent risk reversal computation of EURUSD, we may see little upside movements but those rallies may lose momentum and holds stronger for next 1 month or so, certainly not in a long run.Please be noted...
Crude seems to shrugs off Russian talks with OPEC – target $25 back in on action
Feb 09, 2016 12:31 pm UTC| Insights & Views
Over the past couple of days, every now and then Russia has apparently raised the proposals for a 5% curtail in the production beside OPEC, this advancement has brought in a little relief in crude price over the short term...
CNY devaluation fears adding pressure on EM currency pegs; will it trigger competitive devaluation?
Feb 09, 2016 11:53 am UTC| Insights & Views
China and Japan are the largest economies in Asia and currency movements in these countries are likely to have crucial implications for the whole region. Most Asian currencies are managed floats, but a few pegs remain in...
Feb 09, 2016 11:48 am UTC| Insights & Views
Price curve has been moving "Head and shoulder pattern" but has tested the neckline support at 29.53 levels. HS with peak at 33.78 and right shoulder at 32.72 and left shoulder at 32.50.Although it seems like this...
Feb 08, 2016 09:53 am UTC| Insights & Views
Off late retracements in USD versus emerging market currencies looks overdone, but BRL will likely underperform on any risk-off event. We foresee BRL as one of the most vulnerable currencies because of looming...
Decline in Chinese FX Reserves - No exciting celebration during Chinese New year
Feb 08, 2016 09:14 am UTC| Insights & Views Central Banks
Foreign exchange reserves in China declined $99.5bn to $3.23tn in January of 2016, slightly lower than the monthly fall of $107.9bn in December, which was the biggest on record. The China international reserve number...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects