Developing economies unlikely to be affected by Brexit fallout, says KfW

Aug 30, 2016 12:11 pm UTC| Commentary

The June 23 United Kingdom referendum that concluded in a vote demand the exit of the UK from the European Union is expected to have limited implications for the developing countries, but a noticeable impact on the...

USD/BRL likely to trade towards 3.25 by end-2016

Aug 30, 2016 12:07 pm UTC| Commentary

So far in 2016, the Brazilian real has rallied 20 percent against the US dollar. This is predominantly due to muted Fed interest rate outlook and also because markets are betting that the new government is expected to...

Czech exports, household consumption primarily drive economic growth

Aug 30, 2016 11:54 am UTC| Commentary Economy

Economic growth rate of the Czech Republic is gradually slowing this year, after expanding strongly in 2015. Exports and household consumption are mainly driving up the demand side of the economy. On the contrary,...

FX Hedging Strategy Series

FxWirePro: Use cable rallies to arrest last phase of bearish rout amid Fed hike speculations - GBP/USD/JPY hedging at cheapest vanilla premiums

Aug 30, 2016 11:51 am UTC| Central Banks Commentary

After a brief jump in GBPUSD above trend resistance at 1.3215, but could not sustain the highs of 1.3279 (pre-Yellen), we have seen a sharp reversal in Cable with the pair now consolidating back in the channel spanning...

Italian retail sales surprisingly remain upbeat in June

Aug 30, 2016 11:47 am UTC| Commentary

Retail sales in Italy remained surprisingly upbeat during the month of June, judged by the latest retail sales data. Sales rose by 0.8 per cent on the year, from a revised 1.5 percent decline in the previous month, and...

US Election Series

US Presidential Election Series: Trump launches biggest ad campaign in nine key states

Aug 30, 2016 11:39 am UTC| Commentary Politics

This is one area, where Hillary Clinton has been beating Donald Trump almost 17 to 1. Hillary Clinton has so far spent around 68 million in ads, whereas Trump has spent about just 4 million. Now Donald Trump has launched...

French inflation seems to have risen in August; consumption likely to have rebounded in July

Aug 30, 2016 11:25 am UTC| Commentary

Frances both consumer price index and harmonised index consumer prices inflation are expected to have rise slightly in August. The flash CPI inflation is likely to have come in at 0.4 percent year-on-year after remaining...