Yuan finally falls against king dollar
Feb 27, 2015 12:07 pm UTC| Insights & Views
One way bet on the Chinese Yuan might be coming to an end as the currency dropped to a 28 month low against the dollar today. Currency is currently trading at 6.295 against the dollar lowest level since October...
WTI and its producers lose more than counterparts
Feb 27, 2015 11:17 am UTC| Insights & Views
Recent data suggest that the stock piling in the US has climbed to levels not seen in at least 80 years. As restriction remains over US oil exports, the stock piling is not expected to ease in months ahead. Producers...
Gold is not necessarily in decline
Feb 27, 2015 10:33 am UTC| Insights & Views
In the current environment of deflationary pressure, rising dollar and central bank easing looking at the gold price as quoted in CME one could presume that good day for gold is over for now. Year 2015 may not be...
Treasury yields failing to provide queue to dollar
Feb 27, 2015 09:42 am UTC| Insights & Views
Dollar rally has been fuelled by the prospect of a rate hike by Federal Reserve (FED) this year by divergent monetary policy pursued by other major central banks. At one point it will be vital for the rates to...
Why lend money at negative yields?
Feb 27, 2015 09:03 am UTC| Insights & Views
This week Germany issued longer end bonds at negative yield first time ever in its history. 5 year bund was issued at a negative yield of -0.08 basis points. Finland was the first country to issue bonds below zero...
Yen remains mute over mixed economic docket
Feb 27, 2015 08:19 am UTC| Insights & Views
Several economic dockets were released late night yesterday that painted a mixed picture over the Japanese economy. National CPI grew at 2.4% YoY basis in January and core CPI remained stable at 2.2%. Tokyo CPI...
Guide to today’s vital data & events
Feb 27, 2015 07:36 am UTC| Insights & Views
Today is the last trading day of the month and remains a day with medium event risk, nevertheless some dockets, especially from US could be market moving. Data released so far - Australia - Private sector credit data...