Vital to assess Pound’s move after ILO employment report today

Apr 20, 2016 08:06 am UTC| Commentary

For the past three days, Pound has moved sharply, gaining against all of its major counterparts. While weaker Dollar is playing a role here, but it could be beyond that. There is a possibility that Pound may have been...

Saudi Arabia goes global to raise capital first time in quarter century

Apr 20, 2016 07:35 am UTC| Commentary

As lower oil price bites purses of domestic banks, which have gobbled up government loans a lot in past years to support rising deficit and state run companies. A consortium of global banks that include Bank of Tokyo...

U.S. inflationary pressures likely to rise, Fed unlikely to hike rates in April

Apr 20, 2016 07:34 am UTC| Commentary

Underlying inflationary pressures are likely beginning to rise, based on certain signs. However, majority of the FOMC members are expected to undertake a watchful stance about the pace of tightening policy due to the...

S. Korean bonds rise on weak oil prices

Apr 20, 2016 07:31 am UTC| Commentary

The South Korean bonds gained on Wednesday, following weak cues emerging from crude oil prices. Also, despite of rising easing pressure, Bank of Korea left the key policy rate unchanged for the 10th straight month, at a...

Euro area public debt likely dropped in 2015

Apr 20, 2016 07:18 am UTC| Commentary

Euro areas public debt is expected to have declined last year for the first time since 2007, although by just one percentage point. The budget balance of the currency bloc is likely to further rebound, staying above 2% in...

Oil slips as Kuwait strike ends

Apr 20, 2016 06:50 am UTC| Commentary

Even as Doha talks failed to secure a deal to freeze production at January level, oil price got unusual support from Kuwait, where a strike reduced production by more than a third and brought supply more in line with...

FX Hedging Strategy Series

FxWirePro: Hedge GBP/JPY uncertainties amid further BoJ easing worries – HY IVs to favour option holders

Apr 20, 2016 06:43 am UTC| Commentary Central Banks

The BoJs negative rate policy was the right decision, as without the move JPY could be much stronger. Ms Masai, as a new BOJ board member comments on strong concerns over the recent JPY appreciation and its impact on the...