Bond yields got back their downward groove today
May 15, 2015 11:14 am UTC| Insights & Views
After weeks of turmoil bond yields are retreating today, providing a boost to equity market. US 10 year yield has hit 2.20% after touching a high of 2.36% on Tuesday, as the week is coming to close. UK 10 year have...
Japan’s consumer confidence not in line with BoJ
May 15, 2015 11:10 am UTC| Insights & Views
Consumer Confidence in Japan decreased to 41.50 in April of 2015 from 41.70 in March of 2015 which is way below our own forecast of 42.5 and the Bloomberg median of 41.8. The headline index is a simple average of four...
Pound banks gains on upcoming data releases, SLF offsets returns of futures
May 15, 2015 10:37 am UTC| Insights & Views
As stated earlier the UKs economic and political shape is better than we have thought earlier. As a central case, we are maintaining the moderately positive stance particularly against Euro.BoE MPCs approach to the...

Stronger Deposit growth with lagging credit demand is drag to Indian banks’ profitability
May 15, 2015 10:29 am UTC| Insights & Views
Indian banks are seeing heavy deposit inflow driven by consumers optimism as new government came to power last year and moving with their reform agenda to reverse Indias ailing economy. New government launched Pradhan...

SNB credibility at risk as deflationary pressure deepens to worst since crisis
May 15, 2015 09:10 am UTC| Insights & Views
Primary goal of Swiss National Banks (SNB) monetary policy is to maintain price stability, however evidence indicate that SNB is failing its goal for consecutive years putting serious doubts on SNBs credibility as well as...
Dollar freeze gains suspecting on data release
May 15, 2015 08:46 am UTC| Insights & Views
In the US, streets will still carry on to absorb the recent data releases to evaluate projections of a rebound in economic growth in Q2 and now some more in the row. Yes indeed it would IP, empire state MI and consumer...

FED fund future says no hike this year
May 15, 2015 08:12 am UTC| Insights & Views
Rate hike expectations have shifted considerably with relatively dovish commentary from FED policymakers and weaker than expected economic releases from US. As of now market is predicting first rate hike of 25 basis...