Ruble gets flexi-mechanism in FX derivatives market
Jun 02, 2015 12:07 pm UTC| Insights & Views
Russian Exchange reduces initial margin rates for the FX derivativesMinimum initial margin requirements were increased in December 2014 in response to substantial volatility in the ruble exchange rate and on the...
USD/KRW taking support at channel line; Synthetic Split Futures to hedge
Jun 02, 2015 11:32 am UTC| Insights & Views
The pair both on daily as well as weekly chart is testing a crucial resistance of middle channel lines. Double top formation on this pair can also be traced out on weekly graph and the pair oscillates nearby 1st peak at...
“Korean inflation” room for monetary easing
Jun 02, 2015 11:30 am UTC| Insights & Views
Inflation YoY: This is inched up to 0.5% in May which is in line with the forecast but little higher than the consensus expectation 0.4%. The increase was mainly due to by food prices which compensate the pull from lower...
Consumers are biggest loser in India
Jun 02, 2015 11:11 am UTC| Insights & Views
Today Reserve bank of India (RBI) Governor Raghuram Rajan delivered a third interest rate cut this year as inflation eased. However that is unlikely to bring any major benefits to consumers. Indian corporate sector...
Reforms and policy easing fails to boost sentiment in India
Jun 02, 2015 10:37 am UTC| Insights & Views
Indian consumers are less optimistic in May over economic outlook, in spite of easing bias by Reserve Bank of India. New reform focused government failed to boost business sentiment too. The MNI India Consumer Sentiment...
Sellers are back in European bond market
Jun 02, 2015 10:00 am UTC| Insights & Views
Selloffs resumed with a bang in European bond market as inflation ticked up across Euro zone in May. Sellers seem to be paying not much attention to European Central Banks (ECB) frontloading of asset purchase. Consumer...
A Greek deal might be approaching
Jun 02, 2015 09:16 am UTC| Insights & Views
While negotiation plays on and rhetoric commentaries continue, talks might be underway to secure a deal for Greece. Current condition suggests that Greece will not be able to honor its entire payment to IMF due this...