Oct 21, 2015 12:31 pm UTC| Insights & Views
The gold price is finding it impossible to entirely ignore the weakness among cyclical commodities. There were also some more striking changes: as per the customs authority, exports to China climbed by 28% to a six-month...
BCB likely to stand pat through H1'16, upside risks for inflation outlook persist
Oct 21, 2015 10:53 am UTC| Insights & Views
Brazils October COPOM meeting is expected to be a non-event with markets unanimous in calling for rates to be kept on hold at 14.25% this Wednesday. Brazils macro economic and financial conditions have deteriorated since...
LBMA mulls expanding to platinum and palladium, prices inch higher but still edgy on VW hit
Oct 21, 2015 06:00 am UTC| Insights & Views
The LBMA (London Bullion Market Association) the wholesale over-the-counter market for gold and silver bullion is in talks with the LPPM (London Platinum and Palladium Market) to form a new trade association for all four...
FxWirePro: Healthy Swiss trade balance to prop up currency – USD/CHF to extend dips
Oct 20, 2015 12:16 pm UTC| Insights & Views
Switzerland has postede good set of trade balance numbers today, it is increased from previous 2.86B to the current 3.05B to beat the forecasts at 2.51B. The country exported 141.5 tons of gold in September, which is just...
Japan to take time to achieve sustainable trade surplus
Oct 20, 2015 11:13 am UTC| Insights & Views
Japans Ministry of Finance will announce trade data at 2350 GMT on Oct 20th, and analysts expect Japans trade deficit to improve modestly in September. According to a Reuters survey, September exports are seen increasing...
FxWirePro: GBP/USD lower volatility to persist – play with butterfly spreads on low IVs
Oct 20, 2015 11:08 am UTC| Insights & Views
Since the cables implied volatility is still perceived to be the least within next 1w-1m time frame from other major G7 pairs (at around 6-7%), and observe the price range on technical charts. So here comes a multiple leg...
FxWirePro: Don’t jump the guns with GBP/AUD extending gains – bearish patterns confirm dips underway
Oct 20, 2015 06:54 am UTC| Insights & Views
The pair has pretty much responded as per earlier analysis as well and we could see a little bit price bounces in near term as the daily chart suggest some buying interest that would result in some price recoveries but we...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight