Russian oil giant posts disappointing profits as Ruble slips further
Apr 30, 2015 08:41 am UTC| Insights & Views
Russian major gas giant OAO Gazprom on Wednesday posts a massively disappointing numbers of NP. The net profit plunged almost by 86% which is nearly $20 billion in 2014 due to the weakness of the ruble and one-off charges...

Ruble may slip further as CBR’s tripartite framework adds more pressure
Apr 30, 2015 08:37 am UTC| Insights & Views
In our view, the Central bank of Rsussia should consider a proper communication channel for its monetary policy as required by the inflation targeting regime. The finalized monetary policy transformation created certain...

Chinese industrial production under stress, hopes of improvements in H2 2015
Apr 30, 2015 07:24 am UTC| Insights & Views
Manufacturing production and revenues are most likely remained under pressure given sluggish domestic demand and the ongoing slowdown in total investment growth. Continued deflation is pretty much to have increased...
Export volumes helps Colombian peso gains over USD
Apr 30, 2015 06:15 am UTC| Insights & Views
The Colombian peso rallied 1.2 percent, also benefiting from a recent increase in oil prices that has driven the price of U.S. crude more than 30 percent higher since mid-March. Oil is one of Colombias main export...
Brent crude price and Extensive manufacturing capacity impacts EZ’s core CPI
Apr 30, 2015 06:00 am UTC| Insights & Views
The Aprils CPI flash numbers for the euro area is due to be released today. This CPI figure likely remained in negative territory (at -0.1% yoy). However, we expect core CPI to have eased again to 0.5% yoy basis. The 50%...

Brazilian real bounces as Fed defers actions on interest policy
Apr 30, 2015 05:57 am UTC| Insights & Views
The Brazilian real led gains in Latin American FX markets on expectations that U.S. policymakers action on interest but they signaled they may still take some time before raising interest rates in one of the largest...
Strategical hedging AUDUSD for the US importers
Apr 29, 2015 13:21 pm UTC| Insights & Views
We anticipate the upside risk on the USD against AUD if the FOMC statement is in line with hawkish and if the US Q1 GDP figure comes in better than expected at 1.0%, then poor US economic news is getting priced in by the...