In Mexico, gas is fueling the flames of revolt
Jan 17, 2017 13:53 pm UTC| Insights & Views
It is already clear that 2017 will be a difficult year for Mexico and not just because it will (or wont) have to pay for a big, beautiful wall. On New Years Day, gas prices in the country jumped 14% to 20% after the...
Was 2016 the year the world turned its back on free trade?
Jan 17, 2017 13:51 pm UTC| Insights & Views Economy
Fear of and misunderstanding about free trade and globalisation brought us a turbulent 2016. And the last few months have been a wake-up call about the dramatic slowdown in international trade, presaging a major change in...
What we can all learn from the VW emissions saga
Jan 17, 2017 13:47 pm UTC| Insights & Views Business
A year and a half after the US Environmental Protection Agency (EPA) alleged Volkswagen had installed software to circumvent emissions standards, the company has plead guilty to three criminal felony counts. Volkswagen...
UK versus US CPI - Done with upbeat UK inflationary prints? What next with US inflation?
Jan 17, 2017 12:40 pm UTC| Insights & Views Commentary
UK CPI inflation continued its surge in December, as the annual rate firmed to 1.6% y/y from 1.2% y/y in November, the highest since July 2014, well above expectations (CON: 1.4%, LBCB: 1.3%). The CPI core rate (excluding...
FxWirePro: Is Norwegian Krona unfrozen, not yet cooking? Uphold NOK longs
Jan 17, 2017 12:12 pm UTC| Research & Analysis Insights & Views
The forecast envisages a second successive year of NOK appreciation, albeit at 5% the magnitude of the move is expected to be somewhat less than in 2016. The year-end forecast for EUR/NOK is pinned at 8.60. NOK broke...

FxWirePro: Harder Brexit, UK’s gloomy forecasts, and OTC indications still tip-off fragile sterling
Jan 17, 2017 11:20 am UTC| Research & Analysis Insights & Views
After Brexit apprehensions, GBPUSD recoupled with short-term rates, which are unlikely to trend in H117. The Brexit formalities would not be softbut seemunlikely to bring in large surprises or any dramatic movements in GBP...

FxWirePro: Stay short in EMFX in 2017 despite momentary bullish setting – Outright trades
Jan 17, 2017 09:28 am UTC| Research & Analysis Insights & Views
In the recent past, EM FX basket has recovered against a backdrop of widespread dollar softness. The squeeze of long USD positions, more dovish-than-expected December FOMC minutes and falling UST yields have resulted in...