Germany: Some Relief but No Reason to Cheer - ING Carsten Brzeski, Chief Economist at ING, notes that the German exports recovered in February, but the revival was too weak to get overly excited and it will take a while before exports can return as powerful growth engine...
Asian Markets Start the New Week on a Mix Note, Gold Hovers Around $1250 All the major Asian markets are trading on a mix note on Monday. From the data front from China, Country’s Consumer-price inflation was unchanged at a 19-month high. The CPI rose at a steady pace of 2...
With the world economy entering a more uncertain phase and the top central banks sounding ever more cautious, attention may turn in the coming week to signs of whether years of aggressive stimulus have yielded any significant rise in inflation. The U.S...
For those who follow currency trading, it is not unusual to see currency notes from countries such as the United States ($), Britain (£), the Euro Zone (€), Japan (¥ ), Australia($) , Canada ($) and China (¥) taking center stage...
For those who follow currency trading, it is not unusual to see currency notes from countries such as the United States ($), Britain (£), the Euro Zone (€), Japan (¥ ), Australia($) , Canada ($) and China (¥) taking center stage...
The surging yen has been the main feature in the foreign exchange market in recent days, but its advancing streak has been stopped with today's setback. The greenback traded briefly dipped below JPY107.70 in North America yesterday but has not been below JPY!08 today...
Fed’s Dudley – Cautions Approach to Rate Hikes Appropriate New York Fed’s Dudley, while speaking in Connecticut, said a cautious and gradual approach to rate hikes is appropriate...
JPY: Seasonality Slows Foreign Bond Flows – Nomura Yujiro Goto, Research Analyst at Nomura, suggests that Japanese investors sold foreign bonds aggressively last week, according to the MOF. Key Quotes “They sold JPY1555bn ($14.1bn) of foreign bonds, for the first time in seven weeks...
US Index Futures Rise on Oil US stock futures are indicating Wall Street is set to have a good time on the last trading day of the week on account of higher oil prices. At the time of writing, Dow futures were up 97 points or 0.56%. S&P futures were up 0...
BoE Could be a ‘Non-Event’ Next Week – TDS In opinion of strategists at TD Securities, the Bank of England would leave unchanged its monetary conditions at its meeting next week...
Russian Energy Minister Sees a Slight Rise in Oil Exports in 2016 As per Bloomberg report, Russian energy minister Novak said their oil exports in 2016 could be ‘slightly higher’. Iran is already working to boost its production to 4 million barrels per day...
Treasury Yields Rise on Oil and US Growth Prospects Treasury prices in the US fell, pushing the yields higher, tracking rise in oil prices and prospects of a pickup in the US economy. At the time of writing, US 10-yr treasury yield was up almost three basis points at 1.715...
Canada is Expected to Have Grown 10k Jobs in March - BBH Research Team at BBH, suggests that the Canadian dollar’s advance has cut this week’s decline in half and today’s employment data will likely determine how it finishes the week...
GBP During the Campaign Period - Nomura Research Team at Nomura, suggests that currently, bookmakers’ odds imply the probability of Brexit is around 33...
Japan Reported Larger than Expected Currency Account Surplus - BBH Research Team at BBH, notes that Japan did report a larger than expected February currency account surplus. Key Quotes “It rose to JPY2.435 trillion, the most since March 2015, from JPY520 bln in January...
JPY Advancing Streak has been Stopped - BBH Research Team at BBH, suggests that the surging yen has been the main feature in the foreign exchange market in recent days, but its advancing streak has been stopped with today's setback. Key Quotes “The greenback briefly dipped below JPY 107...
UK: Manufacturing Production Fell Much Larger than Expected - TDS Research Team at TDS, notes that UK’s production in the manufacturing sector fell by a much larger than expected 1.1% in February...
ECB: Members Expressed Concerns About Further Cut in the Deposit Rate - Rabobank Stefan Koopman, Market Economist at Rabobank, suggests that there was a broad agreement among the members of the Governing Council that the inflation and growth outlook had deteriorated since the meeting in December...
JPY: Partial Reversal but Upside Risks to Persist - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the Japanese Finance Minister Aso spoke in early Tokyo trading today helping to stem the relentless buying of the yen, expressing concern over the “excessive” and “one-sided” moves...
