May 22, 2015 13:34 pm UTC| Insights & Views
Stronger than expected inflation has once again revamped the dollar. Dollar index which was down more than 0.5% at one point is up more than 0.65% for the day in post inflation rally. During European hours Dollar index...
Fed should not rush rate hike – soft inflation edition
May 22, 2015 13:09 pm UTC| Insights & Views
This article is second in the series "FED should not rush rate hike". In the first article we argued that FED reserve tightening will have an undesired rapid tightening across yields, corporate and mortgage and further...
Growth relative to trend - key driver of oil prices
May 22, 2015 13:02 pm UTC| Insights & Views
Oil prices are still 42% below pre-July levels and fundamentals are still weak; only in the 1986 and 2008 episodes were oil prices at lower levels at this stage of the rebound. Sustained lower oil can still help support...
NPV of ATM calls signifies high profit potential
May 22, 2015 12:48 pm UTC| Insights & Views
US events lined up today: US Fed Williams speech is scheduled today. The Federal Reserve kept the interest rate at 0.25% during the meeting held on April 29th. Core CPI MoM is forecasted to remain at 0.2% where...
Mexican inflation likely to remain in line with Banxico’s target
May 22, 2015 11:51 am UTC| Insights & Views
The one major category that has seen modest inflation acceleration over the past three months is health and personal care, while food inflation also ticked up in April.We project that core inflation bottomed out in April...
Trio will decide Greece’s fate
May 22, 2015 11:47 am UTC| Insights & Views
European leaders summit at Riga, didnt provide any useful cues for market to take hint from. German Chancellor didnt provide any updates or her views while going in or out of the summit. Her only words to reporters at the...
Today’s inflation stat will decide dollar’s fate
May 22, 2015 11:13 am UTC| Insights & Views
Today at 12:30 GMT, consumer price index (CPI) data will be released from US for April and that number will decide whether Dollar will move ahead with its breakout of month long down trend or crumble. US inflationary...