
Fundamental Evaluation Series: USD/CAD vs. 2-year yield spread
Oct 03, 2017 12:42 pm UTC| Commentary
The chart above shows, how the relationship between USD/CAD and 2-year yield divergence has unfolded since 2012. The close relations between the short-term yield spread and the exchange rate is quite visible and the...
U.S. Treasuries trend lower ahead of ADP non-farm employment, Fed Chair Yellen’s speech
Oct 03, 2017 11:02 am UTC| Commentary Economy
The U.S. Treasuries lost ground Tuesday amid a muted trading session that lacked data of major economic significance. Also, investors wait to watch the ADP non-farm employment change data for September and Fed Chair Janet...
Global Geo-political Series: Serbia points to EU double standard over Catalonia referendum
Oct 03, 2017 10:07 am UTC| Commentary
Serbian President Aleksandar Vucic accused the European Union of hypocrisy and double standard over its response to Catalonia referendum where violence triggered by Madrid via police force resulted in 893 injuries....
UK gilts plunge despite fall in September construction PMI; all eyes on services PMI
Oct 03, 2017 09:18 am UTC| Commentary Economy
The UK gilts plunged Tuesday as investors have largely shrugged-off the fall in the countrys crucial construction PMI for the month of September. Now, investors will remain glued to read the services PMI for September,...
RBA monetary policy: Assessing future bias
Oct 03, 2017 08:28 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the pickup in...
USD/ZAR likely to trade around 14.00 by year-end, says Commerzbank
Oct 03, 2017 08:26 am UTC| Commentary Economy
The USD/ZAR is expected to trade around levels of 14.00 by the end of this year, according to reports from the Commerzbank. The rand has been under depreciation pressure since early September and for the first time in four...
Brexit Series: EU top negotiator complaints lack of progress
Oct 03, 2017 08:07 am UTC| Commentary
The European Unions top negotiator Michel Barnier, speaking to the members of the European Parliament complained that the United Kingdom has not made enough progress and resolve the hurdles of Brexit bill, Irelands border...