Trade balance, IP accounts for underperforming KRW
Jun 04, 2015 08:33 am UTC| Insights & Views
KRW has been one of the worst performing Asian currency baskets excluding Japan in May falling by 3.2% against the USD. Weve summarized up briefly on how it would have an adverse impact on won in future.Manufacturers...

China sneezed, Australia caught cold
Jun 04, 2015 08:23 am UTC| Insights & Views
Latest data from Australian Bureau of statistics, revealed Australian economy remains trapped under Chinese economic slowdown and showing no signs of overcoming the weakness. In April 2015, Australia hit worst trade...

Australian commodity exports bust calls for more stimulus
Jun 04, 2015 07:38 am UTC| Insights & Views
After enjoying decades long commodity export boom, Australian economy since 2013 facing severe jolts in its commodities namely metal ores and minerals export portfolio. Global slowdown in consumption and bust of vicious...
Ruble to appreciate on CBR’s accumulation of FX reserve
Jun 04, 2015 07:05 am UTC| Insights & Views
We consider the result of CBR rebuilding its international reserves to act positively on ruble, additionally rate cuts, decline in inflation and its expectations.Mounting FX reserves: CBR announced that it will resume...

Utilize ATM Puts on Long Guts of USD/SGD Theta
Jun 04, 2015 06:39 am UTC| Insights & Views
Buy 1M USD/SGD OTM Put and simultaneously buy ATM Call option = Strike on 1.3475 + Strike on Put 1.3608.We advocate this strategy as Theta on combined position is signifying time decay advantage of this pair as shown in...
Guide to today’s important data and events
Jun 04, 2015 06:36 am UTC| Insights & Views
Not many economic dockets scheduled for today, risk associated is moderate. Focus in BOE rate decision. Data released so far - Australia - Retail sales disappointed in April with no growth. Trade balance deteriorated...
Why could SGD experience depreciation?
Jun 04, 2015 05:58 am UTC| Insights & Views
Singapores core inflation decreased from 1.0% to 0.4% YoY basis which is the lowest since 2010.Final revision of Q1 GDP stronger than projected at 2.6% versus consensus at 2.2% YoY basis.Industrial production growth has...