April 2018

The week started on a quieter tone than expected, taking into consideration the weekend’s US-led airstrikes on the Syrian chemical weapons facilities. The Russian President reacted on the attack with a statement that any further strikes will lead to further destabilization of global talks. This news of course boosted the market sentiment, as investors are […]

After the tweet that was sent yesterday by US President Trump, vowing to impede the missile system in Syria that Russia has in place, the tension and fear of ‘cold war’ now between the US and Russia have escalated. On this note, Trump caught most of his aides’ off-guard on Wednesday by his tweet that

With gains of more than 5% against the US dollar, GBP has been one of the best performing this year. After the Brexit-referendum vote, sterling has been trading round 1.4346 in late January and currently it is trading around 1.4200. Further encouragement has been provided by the expectations of BoE raising the interest rates in

As several reports have pointed out the weak start of the year, there has been cautious confidence expressed by the ECB top officials. On Monday we have witnessed signals from President Mario Draghi and his senior colleagues regarding the inflation and its low levels, as well as the new threat of the global trade row.

According to the Chinese President, Xi, a dialogue between the two parties would be the best way to resolve the ongoing disputes. He strongly believes that ‘cold war’ is out of place and opening pup can lead towards progress. While speaking at the Boao Forum, President Xi has expressed a soft stance on the trade

The market perception of risk across countries has improved over the past year, according to Philippe Dauba-Paanacce, Senior Economist at Standard Chartered. The improvement reflects ‘market-friendly’ outcomes of disruptive elections that were seen as potentially disruptive, along with improving global growth. The analysis conducted on 5Y CDS (relative 5Y CDS spread movements provide a gauge

Forex yesterday was driven by holiday-thinned trades, hence a typical holiday-quiet Asian session was witnessed and left most majors at the mercy of the risk trends and irregular volatility. On the macroeconomic data front, downbeat Japanese Tankan manufacturing and non-manufacturing surveys added to the weight of Yen, while an unexpected drop in Chinese Caixin manufacturing

This week’s US data is expected to continue pointing towards a strong economic picture according to analysts at Nomura. Regarding the nonfarm payrolls (NFP), Nomura analysts are looking for a 115k gain on the heels of a weather-related 313k surge in February. Despite the low March forecast, the expected monthly NFP gains may reach an