EUR/SEK uptrend gears up on likely Riksbank rate cut despite lower inflation forecast
Aug 26, 2015 12:10 pm UTC| Insights & Views Central Banks Technicals
In the Scandi FX market, it is time for this weeks key data releases. In Sweden the NIERs inflation forecast is an important driver for expectations on additional Riksbank easing. Our base case remains that the Riksbank...
Volatility of volatility hits record high, thanks to Black Monday
Aug 26, 2015 11:39 am UTC| Insights & Views
The above chart shows that VVIX index (volatility of VIX index) rose to record, over current market turmoil, thanks to China, whose economic concern has created massive headwinds for global economy. VIX is known as the...
China's growth to remain subdued through 2016, more easing cannot be ruled out
Aug 26, 2015 11:13 am UTC| Insights & Views
Sudden change in Chinas exchange rate mechanism earlier this week rattled markets across the globe. It is definitely not a panicked change towards growth-through-devaluation strategy. The PBoC had been preparing for a more...
UK’s underlying economic current continue to pose improvement
Aug 26, 2015 11:10 am UTC| Insights & Views
According to latest survey by conference board UKs economic recovery is gaining momentum. After evidence of growth in industrial sector, latest survey shows UKs retail crowd isnt lagging behind. Retail sales volumes...
Inflation expectations in U.S. drop to 5-year low
Aug 26, 2015 10:24 am UTC| Insights & Views Economy
Recent financial market turmoil and lower price of commodities including energy has made it tough for US central bankers to go ahead with a rate hike in immediate policy meeting scheduled for September 16th/17th. While...
FXWirePro: EUR/GBP short options combo to replicate short spot FX on potential slumps
Aug 26, 2015 10:20 am UTC| Insights & Views
Technical Glance and Trade Tips:Weekly technical charts that have shown continuous down-streak have now been back again. This pair had taken a brief pause while a slight recovery took place from 19thAugust, bounces from...
Guide to today’s important data and events
Aug 26, 2015 09:50 am UTC| Insights & Views
Not many economic dockets scheduled for today. Data released so far - Australia - Construction work done rose 1.6%. Switzerland - UBS consumption indicator rose to 1.64 from 1.61 in July. UK - BBA mortgage...
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
Why Germany ditched nuclear before coal – and why it won’t go back
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