Moody's poll cites asset bubbles, not market volatility, as top credit risk for Asian banks
Jul 27, 2015 02:43 am UTC| Research & Analysis
Moodys Investors Service says that its recent investor poll on Asian banks has shown that the unwinding of asset bubbles is the top macroeconomic threat to Asian banks in the coming 12 months, followed by a growth slowdown...
Rocky week for Canada as oil prices and loonie retreat
Jul 25, 2015 06:19 am UTC| Commentary Research & Analysis
A variety of factors conspired to take the price of WTI below US$50 per barrel this week for the first timesince March. When combined with last weeks Bank of Canada interest rate cut, this pushed the loonieunder 77 US...
China weakness tentatively lowered July global manufacturing confidence
Jul 25, 2015 06:09 am UTC| Research & Analysis
The Markitflash manufacturingPMI unexpectedly fell to 48.2 in July, reaching a 15-month low. The headline PMI deteriorated from its final reading of 49.4 in June, with the output sub-index worsening to 47.3, a 16-month...
Mexico's housing market is showing signs of sustainable momentum
Jul 25, 2015 06:03 am UTC| Insights & Views Research & Analysis
Mexicos housing sector is showing signs of more sustainable momentum, underpinned by moderate economic growth, improving labour market conditions, record low borrowing costs and sector-specific reforms. For a 13th...
Moody's: Outlook for Hong Kong's banking system remains negative
Jul 24, 2015 03:27 am UTC| Research & Analysis
Moodys Investors Service says that its outlook for Hong Kongs banking system is negative, as it has been since June 2013, reflecting an operating environment with notable systemic imbalances and loose monetary...
FxWirePro: Low IV portrays Condor Spreads construction on EUR/CHF
Jul 23, 2015 11:49 am UTC| Research & Analysis
As there are significant data releases scheduled on CHF side for this week and in near future, EURCHF may likely to experience low volatility as a result. You can make out from the nutshell, EURCHF is to have the least...
Jul 23, 2015 07:12 am UTC| Research & Analysis
The downside risk in AUD against USD is anticipated ahead of the Feds rate decision seems to be in line with the Yellens hints after she sent strong indications that US economic conditions are likely to justify an interest...
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
Why Germany ditched nuclear before coal – and why it won’t go back
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