Renminbi Series

Renminbi Series: Bubbly housing sector in China

Nov 16, 2016 07:25 am UTC| Commentary Economy

We at FxWirePro were caught on the wrong side in our trading/call in copper, in the wake of Donald Trumps victory. While we forecasted a Trump win and warned that copper might defy our stop loss, we were reluctant to bet...

Lower inflation drives Indian sovereign bonds higher, widens space for another December repo rate cut

Nov 16, 2016 07:23 am UTC| Commentary

The Indian government bonds continued to rallyWednesdayafter recent data showed that the countrys inflation eased in October, creating wider space for the Reserve Bank of India (RBI) for another Repo Rate cut. The yield...

Australia’s new motor vehicle sales fall sequentially in October, but remain at elevated level

Nov 16, 2016 07:14 am UTC| Commentary

Growth in Australias new motor vehicle sales reversed in October after reaching a record high in September. In sequential terms, new motor vehicle sales dropped 2.4 percent in October, reversing the 2.4 percent rise...

U.S. Q3 likely to remain healthy on upbeat domestic demand; USD to remain stable, says Barclays

Nov 16, 2016 07:07 am UTC| Commentary Economy

The United States economy is expected to have remained healthy during the third quarter of this year, as strong domestic demand will fuel the countrys economic growth. Also, a lesser amount of downside drag is seen to come...

South Korean 10-year bond yields hit highest since December last year following weakness in global debt market

Nov 16, 2016 07:03 am UTC| Commentary

The South Korean 10-year bond yields hit highest since December last year on Wednesday following heavy sell-off in global Treasury market. The 10-year bond yield, which moves inversely to its price, rose 5-1/2 basis...

Oil in Global Economy Series

Oil in Global Economy Series: Why a fully implemented OPEC deal is unlikely?

Nov 16, 2016 06:45 am UTC| Commentary

In September member countries of OPEC surprised the global market by agreeing to a landmark deal that would limit the cartels production between 32.5 million barrels per day and 33 million barrels per day. As of October,...

Japanese bonds plunge as Fed December rate hike probability advances to 100 pct

Nov 16, 2016 06:41 am UTC| Commentary

The Japanese government bonds plunged Wednesday as the probability of a December rate hike by the Federal Reserve jumped to 94 percent from previous 30 percent before the presidential election. The benchmark 10-year...