Aug 03, 2016 13:34 pm UTC| Insights & Views
Since the recent peak on 8 June, front-month ICE Brent has fallen from $53 to $42.50, while front-month NYMEX WTI has dropped from $52 to $41.50. Crude oil for September delivery on the NYME fell to a session low of...
FxWirePro: Crude slumps continue to Scandis – Hedging vehicles for NOK and SEK
Aug 03, 2016 13:18 pm UTC| Insights & Views
Scandis risk a deeper setback with a high probability of NOK underperformance. While risk markets remain fairly resilient we clearly see the bigger down-risks for NOK which is perfectly reflected in the failure of...

Revision to inflation and growth forecasts by BoE along with forward guidance to drive GBP action
Aug 03, 2016 13:05 pm UTC| Insights & Views Central Banks
Markets await Bank of Englands (BoE) policy decision on Thursday, 4th August. The BoE is likely to become the first central bank to take action in response to the referendum. Amid the heightened uncertainty, expectations...
Can Japan tempt Russia into an alliance against China?
Aug 03, 2016 10:55 am UTC| Insights & Views
Russia, and the Soviet Union before it, has traditionally been on Japans diplomatic radar mostly by virtue of its proximity and sheer influence. The two countries bilateral ties have been frosty at best, however, thanks to...
Forget Super Thursday, the Bank of England can only offer Mildly Useful Thursday
Aug 03, 2016 10:16 am UTC| Insights & Views Central Banks
The Bank of England is expected to announce on Thursday measures to stimulate the UK economy following signs that there will be a significant economic downturn following the vote for Brexit. The Bank may cut interest...
UK PMIs, investments send early and better clarity to infer for most likely BOE easing tomorrow
Aug 03, 2016 07:56 am UTC| Insights & Views Central Banks
As the British PMI for the manufacturing sector has missed the forecasts recently, a downward shift already would mean that sentiments are certainly not conducive for business in the UK, (actual 48.2 versus forecasts 49.1...
FxWirePro: Stay short in NZD/CAD on valuation, RBNZ, disinflation and China slowdown
Aug 03, 2016 07:33 am UTC| Research & Analysis Insights & Views Central Banks
On Valuation terms: NZD remains overvalued, while milk powder prices have stayed depressed and inflation in New Zealand has surprised to the downside. NZD TWI strength is a major concern, together with downside risks to...