
May 08, 2017 12:36 pm UTC| Research & Analysis Insights & Views
The Chinese PMIs indicate easing Trend in Trade: Chinas NBS manufacturing PMI eased in April, declining to 51.2 from 51.8 in March, which was the highest reading since April 2012. Easing was broad-based across the major...

FxWirePro: VXY vols print fresh Fed-cycle lows after French polls
May 08, 2017 12:23 pm UTC| Research & Analysis Insights & Views
VXY printed fresh Fed-cycle lows this past week and is screening 1 vol cheap vis-à-vis macro correlations. The undershoot is not yet at historical extremes but bears close watching in a seasonally volatile...

FxWirePro: Uphold longs in Swiss franc versus USD via option structures and against EUR in spot
May 08, 2017 10:18 am UTC| Research & Analysis Insights & Views
We do not believe the French election watershed moment for CHF. The uptrend in CHF was doubtless aggravated by political risk, and this is apparent from the accelerated intervention the SNB has needed to undertake this...
May 08, 2017 06:27 am UTC| Research & Analysis Insights & Views
Better than expected OPEC compliance in Q117 and stronger Chinese crude imports for SPR stock building underpin most of the improvement in the oil market balance. We have lifted expectations for Chinese SPR purchases for...
Moody's: Capital shortfall for Vietnam banks remains key credit burden
May 08, 2017 03:57 am UTC| Research & Analysis
Moodys Investors Service says that banks in Vietnam (B1 positive) will face capital shortfalls over the next 12-18 months, and that such a situation continues to represent a key credit burden for the industry. The banks...
Moody's: China's shadow banking sector impacted by increasingly tight systemic liquidity
May 08, 2017 01:15 am UTC| Research & Analysis Economy
Moodys Investors Service says that liquidity in Chinas financial system is increasingly tightening, as stricter regulatory measures seek to constrain the growth of leverage in the country. At the same time, the...
Moody's: Pakistan shows strong growth and reduction in fiscal deficits
May 08, 2017 01:09 am UTC| Research & Analysis
Strong growth performance, fiscal deficit reduction and improved inflation dynamics underpin the Government of Pakistans B3 rating with a stable outlook, says Moodys Investors Service. At the same time, credit...