Saudi Arabia’s assets take beating as oil drops past $30/barrel
Jan 15, 2016 13:12 pm UTC| Commentary
As oil drops past $30/barrel in todays trading oil producing economies are taking a beating as a whole. Saudi assets are diving with oil. Saudi Arabia is likely to remain under scanner among many other oil producing...

Sniffing a peg break series – HKD faces biggest volatility surge in 12 years
Jan 14, 2016 12:15 pm UTC| Commentary
In the history of currency market break of a peg, tends to be the most profitable trade. It made George Soros famous and rich, who successfully orchestrated Black Wednesday, when BOE had to abandon its peg with German...
Saudi Arabia assures commitment to Dollar peg
Jan 11, 2016 11:38 am UTC| Commentary
Saudi Arabias monetary authority has sent a message to speculators, who have pushing Real forward lower against Dollar, betting lower oil price and growing fiscal imbalance would push Saudi Arabia to with draw from its...

FED liftoff series – Rise of C-Dollar
Dec 16, 2015 10:45 am UTC| Commentary Central Banks
D-day is finally here, last FOMC meeting of the year, decision today, in which FED is widely expected to increase rates from zero bound by a hike of 25 basis points, almost a decade after last one. The decision would be...

CNY further de-peg from the USD
Dec 14, 2015 15:03 pm UTC| Commentary
The PBoC has launched a new trade-weighted exchange rate for the CNY, called the CFETS RMB Index, with different composition and weights than the BIS currency basket. This move is likely to demonstrate that the CNY will...

USD/CNY to trade at 6.60 by end-2016 despite further de-peg
Dec 14, 2015 07:25 am UTC| Commentary
The central bank of China announced a new currency index last Friday, referred to CFETS RMB Index. The CFETS RMB Index is mainly a trade-weighted exchange rate of the CNY, which is measured against a basket of 13...

Dec 10, 2015 07:01 am UTC| Commentary Central Banks
Swiss National Bank will announce its monetary policy decisions at 8:30 GMT today. Economic conditions Switzerland GDP is around $ 685 billion however growth rate has sharply slowed down. In third quarter economy...