Lira to embrace higher volatility ahead
Apr 14, 2015 13:07 pm UTC| Insights & Views
Turkish lira hit another all-time low against dollar today in intraday trading. Lira is currently trading at 2.672 against dollar, after making high around 2.687. Lira is down 14.6% against dollar so far this year and...
Liquidity risks remain top concern across bond and FX markets
Apr 14, 2015 13:02 pm UTC| Insights & Views
Investors need to prepare for higher volatility in less liquid market. Central banks asset purchase program led to one sided bet that has resulted in drying of liquidity in the market. Moreover stricter regulations...
Apr 14, 2015 10:36 am UTC| Insights & Views
European Central Banks (ECB) asset purchase program has made Euro the top funding currency this year ahead of traditional Japan. German 10 year yield has fallen from 0.86% to 0.15% in last 6 months, fueled by ECB bond...
Euro zone recovery gathers pace
Apr 14, 2015 10:33 am UTC| Insights & Views
Central banks massive easing paving the way to recovery for Euro zone. Euro zone Industrial production grew 1.1% m/m in February and 1.6% yearly basis. However recovery is not uniform, some countries continue to pose...
Apr 14, 2015 08:59 am UTC| Insights & Views
UK inflation statistics were published today that showed disinflationary pressure remains intact. Producer price index dropped -1.7% in March y/y. Producer price index remained flat for core materials at 0% m/m. House...
Apr 14, 2015 08:14 am UTC| Insights & Views
Ruble is the best performing currency so far this year, up close to 14% against dollar. However levels and price pattern suggests that bulls might be getting exhausted after long rally since January end this...
Greece keeps default door open
Apr 14, 2015 07:41 am UTC| Insights & Views
Every time a payment to official creditors comes close, Greece rings default alarm. However this time around size of tranche payable by Greece is larger and Greek officials are more determined than before. Greece repaid...