Fitch: Islamic Banking a Modest Deposit Stimulus in Morocco
Jun 08, 2017 08:49 am UTC| Research & Analysis
Islamic banks, referred to as participation banks in Morocco, are likely to provide a modest stimulus to deposit growth in the country, Fitch Ratings says. Moroccos central bank granted its first licences to Islamic banks...
Jun 08, 2017 04:52 am UTC| Research & Analysis Insights & Views
As anticipated theRBA monetary policy decisionhas been on hold to keep cash rates at 1.50%. AUDUSD medium term perspectives: We stated in our previous write up that even though the pair bounces off the 0.7450, the...
Moody's: Growth among sovereigns remains subdued ten years on from crisis
Jun 08, 2017 04:08 am UTC| Research & Analysis
Notwithstanding an ongoing cyclical growth recovery, the growth outlook for Moodys rated sovereigns remains subdued when compared with the growth achieved in the decade before the financial crisis, says Moodys Investors...
FxWirePro: Macros and global ETF market signals – Generations and redemptions
Jun 07, 2017 12:48 pm UTC| Research & Analysis Insights & Views
10Y Treasuries yields and US dollar edged lower amid political uncertainties and mixed economic data. On the political front, uncertainty over the capacity of the US administration to implement its policy programme grew....
FxWirePro: Can UK polls upbeat Brexit risks to stimulate sterling and FTSE vols regime?
Jun 07, 2017 12:07 pm UTC| Research & Analysis Insights & Views
The FX markets for sterling were taken by surprise in mid-April when Theresa May called a snap general election, but aside from an initial flurry of excitement, FX investors had shown little interest in what the opinion...
Jun 07, 2017 09:41 am UTC| Research & Analysis Insights & Views
In the UK, we continue to see the Brexit negotiations posing more event risk for markets than the general election result. So, it is worthwhile to keep a track of volatility surface of EURGBP and equity markets of the...
FxWirePro: Chinese FX policy regime, vols, vega neutral straddles and vol spreads
Jun 07, 2017 07:30 am UTC| Central Banks Research & Analysis Insights & Views
The sharp appreciation of CNH was a major development in FX markets this week. Coming on the heels of a change in the PBoCs daily USD/CNY fix mechanism the previous Friday, markets seem to have interpreted these moves as...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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