Market Overview

A week ago, after nine Fed officials had spoken, the market widely expected Yellen and Fischer to confirm that the table was set for a rate hike later this month. They did, and the dollar and US...

Low cost manufacturing in Asia – The Mighty Five - MITI V Low cost manufacturing is moving away from China Malaysia, India, Thailand, Indonesia and Vietnam will continue to benefit Currency...

As expected, the UK’s industrial and manufacturing production contracted in January.Cable remains offered pre-1.2200. The negative trend is picking up momentum for a potential pullback toward...

Equity markets have taken another leap higher as we had called for.However, fixed income and oil markets seem less bullish on long-term growth prospects, as the yield curve has flattened in the US and...

The US and China are likely to clash on how to deal with North Korea.The acceleration of deploying THAAD in South Korea is angering China. The North Korea issue is becoming more pressing as the regime...

Inflation risks pointing downOur expectation of data and the Riksbank suggests reversal in yield curve view To read the entire report Please click on the pdf File Below

EUR/NZDToday’s support: - 1.5300 , 1.5249 and1.5210 (main), where correction is possible. Break would give 1.5175, where correction also may be. Then follows 1.5120. Break of the latter would...

Draghi clearly under pressure to present a balanced view of ECB policy.Yesterday’s European Central Bank policy decision came and went relatively uneventfully – all policy rates and tools...

We do not expect Bank of England (BoE) to make any policy changes at its March meeting. We expect BoE to maintain the Bank Rate at 0.25%, while leaving the targets for the stock of government bond...

The ECB kept all policy measures unchanged at today's meeting, which was in line with our expectations. However, Draghi had a hawkish tone during the Q&A session as he said the Governing Council...

The US February jobs report (14:30 CET) will be scrutinised intensively following the recent speculation about the prospect of a Fed hike on Wednesday next week. At the moment, it seems that it would...

As soon as any major country exits the Eurozone (and possibly some lesser ones), a cascade of defaults, unparalleled in history will commence.The only way to stop such a cascade would be if the ECB...

Here is the opening statement from the Department of Labor: In the week ending March 4, the advance figure for seasonally adjusted initial claims was 243,000, an increase of 20,000 from the previous...

The removal of one phrase from the ECB statement was a tiny move from Draghi but it was a shift to a new direction. The euro was the top performer Thursday while the yen lagged. Australian home loans...