Japanese low yield attracting bond issuers in Yen
Jun 01, 2015 13:12 pm UTC| Insights & Views
Record easing by Bank of Japan (BOJ) is making Yen attractive to issue bonds in. Lower yields in Yen and its upward trend against dollar makes it even more attractive for US based borrowers who are expecting their end...
Tough call on USDINR range-bound zone on RBI’s policy
Jun 01, 2015 13:05 pm UTC| Insights & Views
Inflation easing and may have bottomed out: The new series of CPI data evidences that inflation may have bottomed out and may not continue to slow. And we do not wait for the RBIs target of 6% YoY by January 2016 to be...
Almanac spreads of EUR/GBP to hedge downside risks
Jun 01, 2015 12:39 pm UTC| Insights & Views
Lots of bearish stuffs are boiling on this pair. The formation of descending triangle on EURGBP pair is seen on weekly chart.We watch out watch for a move below triangle support at 0.7114 that will drag the pair to further...
Oil rebound boosts Russian growth forecast
Jun 01, 2015 12:34 pm UTC| Insights & Views
It seems that economists have been too pessimistic on Russia, with drop in oil prices and increased competition from Middle East oil producers and now they are turning to revise their projections. The World Bank has...
PCE inflation to decide dollar’s fate
Jun 01, 2015 12:03 pm UTC| Insights & Views
Dollar has started the week in stronger footing, as most of the major counterparts retreated against dollar amid risk aversion arising from Greece negotiation and Italian election outcome. Euro is down 0.55%, Pound is...
Bund awaits CPI reading from Germany
Jun 01, 2015 11:34 am UTC| Insights & Views
Bund has broken above its recent range has been gradually moving up, pushing yields lower. Today next set of tests lies for bund traders as preliminary readings will be released from Germany. Past trends - In January...
UK Manufacturing PMI indicates economic slowdown; Sterling under pressure
Jun 01, 2015 11:20 am UTC| Insights & Views
The GBP/USD has been slid to 0.44% to 1.5200 from around 1.5268 after manufacturing PMI data printed at 52.0 which is below forecast at 52.7 level.The sterling dipped to a new three weeks lows against the dollar on earlier...