Euro zone inflation too weak to spur massive bond rout
Jun 17, 2015 10:46 am UTC| Insights & Views
Today Eurozone CPI estimate was released by Euro stat and that showed inflation in Euro remains in positive but subdued. Diverse growth and inflation in European Monetary Union (EMU) makes it harder for European Central...
FxWirePro: AUD/JPY combinations over naked puts still better choice for leverage benefits
Jun 17, 2015 10:37 am UTC| Insights & Views
The trade balance of Japan for May month posted another deficit, albeit small at 0.18tln and down from previous 0.24tln deficit in April.Both export growth (2.4%) and import growth (-8.7%) were declined than expected on...
FxWirePro: Never buck NZD/USD downtrend; position with synthetic put
Jun 17, 2015 09:42 am UTC| Insights & Views
Since the current account deficit widened to 3.6% of GDP in the year to March 2015, we expect Kiwi dollars to depreciate further from current levels in a short run.The fall in dairy export prices over the past year drove...
Smashing wage growth makes pound-dollar candidate for 1.6 touchdown
Jun 17, 2015 09:23 am UTC| Insights & Views
UK employment report has helped pound push higher against all of its counterpart as inflation remains the last hurdle before a rate hike from bank of England. Higher wage growth is likely to ensure that demand comes back...
Greece still owes how much and to whom this year?
Jun 17, 2015 08:24 am UTC| Insights & Views
IMF payment of 1.5 billion is hardly the last of the hurdle, which Greece need to clear in 2015. Other than domestic liabilities of salaries and pensions, Greece has huge amount of debt it needs to clear this...
Norges Bank likely to bring in 25 bps rate cut, income and expenditures to be cross-hedged
Jun 17, 2015 07:58 am UTC| Insights & Views
Cross-hedging FX Strategies: We recommend leveraged products to sell EUR/NOK or otherwise buy far month NOK/SEK risk reversal. Real money funds should decrease NOK hedge ratios. Corporates should hedge NOK income via...
Greece month ahead- Key dates and events
Jun 17, 2015 07:33 am UTC| Insights & Views
Time is running short for Greek negotiators, both parties need to utilize whatever time is left, before things tumble for both the parties. Below are the key dates and events for the Greece drama to unfold...
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