Jul 20, 2016 10:50 am UTC| Insights & Views
You have heard the word Brexit many times by now and you will continue to hear it for some time to come as comic debates in the British Parliament make our local Parliament look good. It is this Brexit that makes the IMF,...
Jul 20, 2016 10:01 am UTC| Research & Analysis Insights & Views
OTC outlook: The 1m implied volatilities are screaming off as the major euro crosses have tumbled considerably ahead of the expectations from tomorrows dovish moves by ECB. The skewness in 1m IVs displays the...
Jul 20, 2016 07:13 am UTC| Research & Analysis Insights & Views
Kiwi dollar gains after GDT price index that measures the change in the average price of dairy products sold at auction has improved from previous -0.4% to 0.0%. It is the major contributor to the Kiwis trade...
Jul 19, 2016 10:45 am UTC| Research & Analysis Insights & Views
Market analysts attributed therise in gold prices at futures trade to positive global cues. As we previously explained when we recommended going long Dec16 CME gold, we believe the constructive environment for relative...
Jul 19, 2016 08:16 am UTC| Technicals
Technical Inference: Although the bulls rejected at 38.2% Fibonacci retracements on monthly chart at around 1375.04 levels (see monthly charts). On the flip side, the current prices testing supports at 1323.30 levels...
Jul 19, 2016 07:46 am UTC| Research & Analysis
Despite we revise down USD/MXN slightly to 18.9 from 19.2 by year-end, the major uptrend of USDMXN seems still intact as the peso to underperform in thelong run. Banxico hiked 50bp to 4.25%, in line with J.P. Morgan...
Jul 19, 2016 06:49 am UTC| Insights & Views
As the UK CPI data is the major focus of the day that is scheduled to be announced (10:30 CET), and is forecasted to display slightly higher inflation in June (0.4% YoY), after Brexit votes, BoE is most likely to cut bank...