Mounting political pressures in Philippines exert downward pressure on the domestic currency

Oct 13, 2016 10:42 am UTC| Commentary Economy

The Philippines peso has underperformed in comparison to its peers in the recent months. Part of this reflects increasing political concerns among foreign investors. There was also a spike in the 5Y credit default swap...

U.K. construction output seems to have recovered modestly in August

Oct 13, 2016 10:37 am UTC| Commentary

Construction in the U.K. is expected to have rebounded modestly in August. Even if the construction PMI has rebounded in August to 49.2 along with services and manufacturing PMIs, it continues to remain lower than the 50...

U.S. retail sales likely to have rebounded in September

Oct 13, 2016 10:25 am UTC| Commentary

U.S. retail sales are expected to have rebounded in September after it declined for the second straight month in August when the headline figure dropped 0.3 percent. The control group had also dropped 0.1 percent. Out of...

FX Hedging Strategy Series

FxWirePro: ECB continues to cushion EURO strength, OTC indicates EUR/CAD’s bullish risks despite crude strength, DDPS ideal choice for hedging

Oct 13, 2016 10:12 am UTC| Central Banks Commentary

As occurred in the US before the Treasury taper tantrum in 2013, ECB QE has created a valuation and positioning problem that biases the euro to appreciate on even subtle changes in ECB policy. Typically, QE programmes...

Australia consumer inflation expectations improve in October, signal fruitful RBA policies

Oct 13, 2016 10:08 am UTC| Commentary Economy Central Banks

Consumer inflation expectations in Australia improved during the month of October, for the first time in three months, signaling that central bank policies were finally translating into faster price growth. Australia...

Uncertainty to weigh on U.K economic outlook, growth likely to accelerate 0.4 pct q/q in Q3

Oct 13, 2016 09:42 am UTC| Commentary

U.Ks economic data, since the central banks multi-faceted policy easing in early August, have been examined closely on the degree to which they bear the view of an economic slowdown driven by uncertainty post the EU...

Downside risks continue to hover around Thailand’s GDP growth following drag on manufacturing

Oct 13, 2016 09:33 am UTC| Commentary Economy

Downside risks continue to hover around Thailands gross domestic product (GDP) growth following the drag on the countrys manufacturing sector. While it accounts for almost 30 percent of GDP, contribution from manufacturing...