Brazil: Markets have Gotten Overly Optimistic - BBH Analysts from Brown Brother Harriman, warned again investor about being overly bullish about the growing likelihood of a new government...
Brazil: BRL and Assets to Remain Supported on Pro-Impeachment Vote - TDS Sacha Tihanyi, Senior EM Strategist at TDS, explains that they are hesitant to take long position at current level and would prefer to sell it on a medium to longer term basis above 3.80...
How to Tackle the Bear in Oil Prices After Doha Talks Fail Talking Points: - The big mover on the day is Oil after talks in Doha failed to produce a production freeze...
U-Mich Inflation Expectations Index Disappoints in April, Puts the Case for Fed Hikes on Hold US citizens’ long term inflation expectations as determined in the poll by the University of Michigan registered a surprise drop in April...
WTI Trims Losses, Remains Above $40.00 The barrel of West Texas Intermediate remains in the negative territory today, albeit it has managed to regain the key $40.00 mark and beyond...
Canadian Bonds Sag As Oil Prices Stabilise The Canadian government debt instrument plunged on Monday, snapping early pre-mooring gains as Brent crude picked up after sharp falls in the morning due to the failure of the Doha meeting...
U.S. Treasury Bond Slump After Fed's William Dudley Remarks The U.S treasury bonds slumped on Monday after snapping the early morning gains as investors cheer Federal Reserve President William Dudley comments and Brent crude picked up after sharp falls in the morning...
Investors Shrug Off Fears Oil Price Sell-Off, Send US Stocks Higher Major US stock markets have recovered early losses to trade with moderate gains as investors shrugged off fears of fresh oil price sell-off following a failure of Doha talks...
Oil: Doha Ended in Disappointment – Deutsche Bank Research Team at Deutsche Bank, suggests that all eyes were on oil this morning as the long awaited producers meeting in Doha ended in disappointment last night...
Pivot Points Hourly Last Updated: Apr 18, 1:01 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12789 1.12922 1.12987 1.13055 1.1312 1.13188 1.13321 USD/JPY 108.073 108.235 108.301 108.397 108.463 108.559 108.721 GBP/USD 1.41567 1.41726 1.41809 1.41885 1.41968 1.42044 1.42203 USD/CHF 0.96321 0...
Oil Futures Gap Down as Doha Oil Freeze Meeting Fails on Accord Talking Points WTI Crude Oil Futures gapped more than 3...
US Warns Japan Not to Devalue the Yen – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has derived support as well from reports over the weekend that the US has warned Japan not to devalue following meetings late last week in Washington...
European Stocks Drop as Energy Shares Falter Major stock markets across Europe are trading lower today as energy counters are taking a beating after failure of Doha talks saw oil benchmarks suffer sharp losses. At the time of writing, Germany’s DAX was down 0.48%. France’s CAC was down 0...
Oil: Failure to Reach Output Freeze Agreement Boosts Yen - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session most notably against crude oil related currencies following the failure over the weekend of major crude oil producers to reach an...
NZ CPI: Adds to RBNZ Pause Next Week - TDS Research Team at TDS, notes that the NZ March qtr CPI rose by +0.2%/qtr and +0.4%/yr, on par with the RBNZ’s March Monetary Policy Statement (MPS) expectations...
ECB in Focus this Week After Failed Doha Talks – Danske Bank Research Team at Danske Bank, suggests that there are no major data releases today...
Crude Oil Likely to Give Back Gains as DOHA Talk Fails - TDS Research Team at TDS, suggests that with the oil market not getting a production freeze in DOHA, it is likely that crude oil gives back most of the gains made in recent days...
RBNZ Cycle Low for the OCR will be 1.88% - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that the NZ market pricing for the RBNZ’s OCR low has stabilised, now implying the cycle low for the OCR will be 1.88% (from 1.82% last week...
SDR Does Not Stand for “Secret Dollar Replacement” - BBH Research Team at BBH, notes that at the IMF/World Bank meetings last week, Chinese officials are again pushing for greater use of the IMF's unit of account, Special Drawing Rights (SDR...
