Expectation difference – FED vs Market
Mar 19, 2015 11:24 am UTC| Insights & Views
FOMC after long months of hawkish bias sounded pretty much dovish in last nights statements. Participants reduced their projections for economic activity years ahead. Expectation difference In December 2014, FOMC...
Mar 19, 2015 11:19 am UTC| Insights & Views
New Zealands GDP figure published for the quarter, grew at a solid pace. Since underlying growth dynamics remain robust, RBNZ may once again start off the hiking cycle or at least keep the rates on hold for now. Only...
China slowdown – land purchase edition
Mar 19, 2015 09:58 am UTC| Insights & Views
Chinese economy is slowing down faster than expected. The weakness is somewhat masked by the countrys GDP number, along with currency rate and stock index. Defaults are lining up across industries. Suqian Chief Leather...
Mar 19, 2015 08:10 am UTC| Insights & Views
Swiss National Bank will announce its monetary policy decisions at 8:30 GMT. Economic conditions - Switzerland GDP is around $ 650 billion and growth rate is moderately well at 1.90% annum. During 2011 European debt...
Patient is gone, dollar is down
Mar 19, 2015 08:06 am UTC| Insights & Views
Dollar was hit hard last night after FOMC turned out to be more dovish than expected. Dollar was down across board after publish, at one point dollar index was down more than 2% last night. Euro traded above 1.11 just...
Mar 18, 2015 16:18 pm UTC| Insights & Views
Brazilian Real in last six months fell 38% against the dollar. This year alone, depreciation is around 27%, showing the gain in momentum. Pain might not be over for real yet. Why the situation dire? For the first time...
Why oil producers keep pumping?
Mar 18, 2015 15:53 pm UTC| Insights & Views
Background - Oil has been one of top commodities in repo trade aftermath of the financial crisis as central bankers slashed the system with liquidity along with ultra-low interest rate. For three consecutive years...