Nov 25, 2016 01:16 am UTC| Central Banks Research & Analysis
The most recent South African economic data was not exactly constructive: the unemployment rate rose to over 27% in Q3 and the inflation rate also rose to 6.4% in October. That means it has eased only slightly against its...
Nov 24, 2016 13:11 pm UTC| Central Banks Research & Analysis
The market is currently seeing the likelihood of three Fed rate hikes until late 2017 as standing at 50% the highest level since the FOMC meeting in March. At the time the market was still convinced that there would be a...
Nov 24, 2016 11:21 am UTC| Central Banks Commentary
The dollar surged to a for multi-year peaks against Chinese currency on today, bolstered by more than anticipated U.S. economic data that showed the economy on track for steady growth and reinforced expectations of...
Nov 24, 2016 10:06 am UTC| Research & Analysis
As stated in our recent post, we are sensing the copy-cat range process of the summer range we have been looking for in the medium term perspectives. This has actually become a range within that range, with 1.2300 1.2510...
Nov 24, 2016 09:27 am UTC| Technicals
The bulls attempts are restrained at 7DMA, more bearish rout underway as we see no bullish substantiation from any other technical indicators. As a result, the interim bulls drift in sideways, major downtrend still...
Nov 24, 2016 07:22 am UTC| Research & Analysis
The Australian economy is starting to lose momentum and Q3 GDP partials are pointing to a weak print. This makes receiving the front end tempting at current levels, but the inexorable pull of higher yields globally...
FxWirePro: What all could USD/TRY ATM delta calls do amid Turkish political and CBRT’s intrusion?
Nov 23, 2016 13:40 pm UTC| Central Banks Research & Analysis
With the deterioration in the local Turkish political situation and a less supportive environment from higher G3 yields, the outlook for the lira is worsening, in our view. While the CBRT could conduct FX sale auctions...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned