Briferendum Aftermath Series

Briferendum Aftermath Series: J-curve with complications

Sep 29, 2016 08:26 am UTC| Commentary Economy

Whenever you read that sterling depreciation that occurred immediately after the outcome of the June referendum would be good for the UK economy boosting exports, take it with a pinch of salt and remember the J-curve....

FX Hedging Strategy Series

FxWirePro: EUR/GBP “Diagonal Credit Call Spread” to address both momentary declines and major uptrend

Sep 29, 2016 07:39 am UTC| Economy Research & Analysis

This week, although EURGBP is losing in its price, we remain bearish of GBP, and forecast a 5-10% move from here in GBP/USD, taking the pair below 1.25, taking EUR/GBP to a little above 0.90. EURGBP was at 0.8616 from...

Peso remains the worst performer in Asia following subdued investor confidence

Sep 29, 2016 07:26 am UTC| Commentary Economy

The Philippines peso remained the worst performer amongst all Asian currency pairings over the past one month, following subdued investor confidence in the economy, given that is has been recently shaken by the recent...

South Korea's exports in September likely to disappoint as manufacturing sector loses steam

Sep 29, 2016 06:16 am UTC| Commentary Economy

Exports growth in South Korea is expected to disappoint during the month of September as the countrys manufacturing sector has lost steam during the period. South Korean exports are projected to fall back into the...

Stark differences in retail spending growth seen throughout New Zealand

Sep 29, 2016 05:35 am UTC| Commentary Economy

New Zealands retail spending has been expanding at a stronger pace. In the past year, retail sales have increased by 4.5 percent in nominal terms. Sales have been up by 18 percent since 2012. Moreover, with inflation...

South Korea’s consumer confidence slightly slows in Sep, stays above the 100-mark threshold

Sep 29, 2016 05:29 am UTC| Commentary Economy

Consumer confidence in South Korea slightly slowed during the month of September, although staying above the 100-point mark that separates expansion from contraction. South Koreas consumer confidence continued to...

FxWirePro: The Day Ahead- 29th September, 2016

Sep 29, 2016 05:04 am UTC| Commentary Economy

Lots of economic data releases and events scheduled today and some are with high risks associated. Upcoming: Spain: HICP inflation for September and retail sales report for August will be shared at 7:00 GMT....