Jul 27, 2016 12:35 pm UTC| Research & Analysis Insights & Views Central Banks
The GBP versus a few major G10 currencies on Wednesday, despite upbeat Q2 GDP numbers, as the investors seem to have remained cautious ahead of the Feds monetary policy statement due later in the day and the Bank of...
FxWirePro: Is it RBA or BoJ, short-term foreign traders to stay hedged in AUD/JPY EXIM bills
Jul 27, 2016 10:19 am UTC| Research & Analysis Insights & Views
The Australian inflation data for Q2 provided a considerable dampener for the rate cut speculation this morning. The inflation measure preferred by the Australian central bank (RBA), the trimmed mean, remained...
FxWirePro: Hedge NZD/USD uncertainties ahead of FOMC and commodity avenues drift in sideways
Jul 27, 2016 07:39 am UTC| Research & Analysis Insights & Views
Markets were range bound ahead of the run of imminent central bank meetings, starting with the FOMC tomorrow morning. The US data releases underscored the improved tone to the economy recently. Financial markets...
Announcement: Moody's: China's shadow banking system continues to grow; leverage increases further
Jul 27, 2016 03:07 am UTC| Research & Analysis
Moodys Investors Service says that overall leverage in Chinas (Aa3 negative) economy continues to rise, as credit growth -- measured by total social financing (TSF) -- outpaces nominal GDP. The growth in overall...
Jul 26, 2016 12:32 pm UTC| Research & Analysis Insights & Views
This pair has dropped below DMAs as selling momentum seems to have been intensified but long-term downtrend remains intact upon the convincing volumes and other technical indicators favouring bears long term...
Jul 26, 2016 11:35 am UTC| Research & Analysis Insights & Views Central Banks
By the end of 2016, we expect USD/CNY to be testing 7.0 due to a mix of cyclical USD strength as well as domestic factors. FX intervention cannot continue indefinitely. The orderly, low vol depreciation of the RMB has...
Jul 26, 2016 11:24 am UTC| Research & Analysis Insights & Views
MXN has been an outlier in EM this year, having depreciated 7% YTD while the rest of Latin American (ex-ARS) saw record portfolio inflows and FX performances. We still hold a bearish view on MXN, citing current account and...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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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