MERS to take long term toll on Korea and KOSPI
Jun 25, 2015 12:41 pm UTC| Insights & Views
The impact of weaker Yen and outbreak of Middle East Respiratory Syndrome (MERS) would take heavy toll on countrys economic activities and the benchmark stock index for quarters to come. Impact of MERS - South Korea...
FxWirePro: Cross hedge through call spreads in GBP/NOK and GBP/NZD, stay short NZD/SEK spot
Jun 25, 2015 12:39 pm UTC| Insights & Views
There are chances that foreign investors will seek to reduce their exposure as NZ yield spreads compress, and we see little reason to suppose that such a bond outflow would not have a symmetrical effect in depressing the...
NZD’s mounting pressure on foreign bond investors
Jun 25, 2015 12:34 pm UTC| Insights & Views
There were both valuation and policy considerations for selling NZD against SEK. While the valuation proposition has been corrected as the cross has collapsed by 16%, the policy dimension remains intact, and albeit now...
US personal consumption expenditure review
Jun 25, 2015 11:56 am UTC| Insights & Views
Personal consumption, income data along with PCE price index would be released from US at 12:30 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend to...
Jun 25, 2015 11:18 am UTC| Insights & Views
While lower than expected inflation keeps Bank of England (BOE) away from a rate hike it is boosting consumers sentiment pushing tem to spend more as large retailers continue to provide discount to lure...
Reverse Put Ratio Spread for NZD/USD hedging
Jun 25, 2015 10:39 am UTC| Insights & Views
Do you expect any further slumps in kiwi dollar?RSI (14) signaling falling price convergence and it would continue to be in downtrend for some more time. While long bearish real body resembling dark cloud candle has...
Creditors give deadline to Tsiparas as talks move to 11th hour
Jun 25, 2015 10:21 am UTC| Insights & Views
Greek Prime Minister Alexis Tsipras was handed a deadline to come up with new proposal that might be accepted by Creditors. Both the negotiating parties as so far failed to come up with a proposal that might get...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects