
Sep 01, 2015 05:09 am UTC| Commentary
The Japanese yen rallied against the greenback on Tuesday as investors sought the yens safe-haven status after Chinese equity markets went into free-fall again and manufacturing data from the worlds second-biggest economy...
U.S. liquidity premium increased
Sep 01, 2015 05:07 am UTC| Commentary
U.S. liquidity premium embedded in on-the-run (OTR) securities has increased, though not across all tenors. OTR3s, 10s, and 30s have richened sharply versus old securities over the past two weeks. The OTR richening is...

Monetary policy divergence will eventually weaken EUR/USD more
Sep 01, 2015 05:07 am UTC| Commentary
Normalization of monetary policies will be driving markets for years to come was a common argument. The Fed is expected to lead the way. Other G10 central banks are likely to continue moving to the opposite direction for a...
RBA leaves cash rate at 2% as lower AUD supports growth
Sep 01, 2015 04:56 am UTC| Commentary Central Banks
For the second time in as many months the Reserve Bank of Australia signaled in its cash-rate statement that the Australian dollar was at a level which was assisting economic growth rather than hampering it. The Reserve...
Less certainty on September Fed hike
Sep 01, 2015 04:45 am UTC| Commentary Central Banks
The July FOMC statement highlighted the bar for hikes is not high with the Committee only need to see some further improvement in labor market improvement before they will be comfortable raising rates. However, uncertainty...

Consumption and net exports to lead Euro area GDP in Q2
Sep 01, 2015 04:42 am UTC| Commentary Economy
Seasonally adjusted GDP rose by 0.3% qoq in the euro area during the second quarter of 2015, after an increase by 0.4% qoq in Q1. For the second reading, no change has been expected and a confirmation of the 0.3% qoq...
Chinas manufacturing PMI dropped back to 3-year low again
Sep 01, 2015 04:34 am UTC| Commentary
The flash Caixin manufacturing PMI dropped for a third straight month, to 47.1 in August, its lowest reading since Q2 2009. New orders, output, employment and inventories all deteriorated over August. Also, export orders...