Vladimir Miklashevsky, Economist at Danske Bank, suggests that the bank has raised their 2015 Russian GDP forecast to -3.9% y/y on 20 November 2015, from a 6...
Mansoor Mohi-Uddin, Senior Market Strategist at RBS, notes that the Chinese authorities have fixed the rate almost lower each day since the start of November when it was set at 6.3154...
Research Team at TDS, lists down the key inflation releases from the emerging markets. Key Quotes “BRL: IPCA inflation for Nov is expected to be 10.4% Y/Y, up from 9.93% Y/Y in Oct. This data point will both be meaningful and old news as we look to 2016...
Research Team at Deutsche Bank, suggests that over the past month, carry has turned into the primary market driver, attributable largely to the outperformance of the Antipodean high-yielders. Key Quotes “Trendiness remains at moderate levels in G10 across all dollar crosses...
Kristoffer Kjær Lomholt, Analyst at Danske Bank, notes that according to the latest IMM data covering the week from 24 November to 1 December 2015, revealed that it was the sixth consecutive week of bearish EUR/USD builds...
Jane Foley, Research Analyst at Rabobank, notes that since the start of the month EUR/GBP has recovered around 3.3% and the move is likely to have been greeted with some relief to BoE policy setters who have been viewing sterling strength as a headwind to UK economic activity...
Risk-off sentiment extends into Asia on Wednesday, mainly due to the ongoing weakness in oil prices. As a result, the demand for safe-havens was on the rise while the risk-currencies traded in the red...
Research Team at NAB, suggests that although some of the risks hanging over global markets have abated, recent global economic growth and the outlook remains lacklustre...
Research Team at BBH, notes that many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has been given new life...
The Australia’s, Q3 GDP figures were consistent with their view that the recovery across the non-mining recovery is broadening, and recent business survey results suggest this momentum continued into Q4...
Reported bitcoin 'founder' Craig Wright's home raided by Australian police Police have raided the home of an Australian tech entrepreneur identified by two investigations as one of the early developers of the digital currency bitcoin...
The stocks on the Asian bourses traded mixed on Wednesday, with the Japanese markets extending the previous sell-off on weaker cues from the Wall Street and European equities and lower oil prices...
As noted earlier, the uptick in price pressures was mainly driven by the health care, personal activities and transportation sector...
Analysts at Westpac got together and drew up and lost of key points for the key flow indicators for Australia and New Zealand. Key Quotes: "Japanese demand for A$ assets held up well in October as AUD/JPY stabilised around 85...
China sets Yuan central parity at 6.4140 vs 6.4078 Tuesday On Wednesday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4140 versus 6.4078 previous close, the highest levels since August 27...
The US oil keeps its recovery mode from almost seven-year lows on Wednesday and holds above $ 38 as markets remain wary ahead of fresh weekly supply reports from the EIA due later today. WTI: Bears take a breather from the recent rout Currently, WTI trades modestly flat at 38...
Analysts at ANZ explained the recent conditions surrounding AUD/USD. Key Quotes: "The AUD/USD came under pressure overnight as commodity prices tumbled. Oil made fresh cyclical lows, dragging down the commodity complex...
Analysts at ANZ noted the downturn in commodities. Key Quotes: "What’s behind the recent slippage in commodity prices...
Sean Callow, analyst at Westpac explained the key events ahead. Key Quotes: "The Westpac-MI consumer sentiment index will be released at 10:30am Syd/7:30am Sing/HK. The index printed at 101...
US stocks ended lower on Tuesday as oil prices continue to weigh on energy sector, as WTI posted fresh 6-year lows. The Dow Jones Industrial Average dropped 162.5 points, or 0.92%, to 17,568, after shedding as much as 245 points earlier in the session. The S&P 500 lost 13.48 points, or 0...
