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09:23 23 May /2016 Forex

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OPEC may need help to end the global glut of oil - BBG Dhwani Mehta

Bloomberg carrying a story this Thursday, highlighting that even if OPEC implements output cuts in full, it still won’t help oil markets to emerge out of the omnipresent global supply glut.Key Quotes:“The Organization of Petroleum Exporting Countries aims to shrink

07:46 27 October /2016 Forex

AUD: CPI data slightly increase the odds of further easing next year - ANZ Sandeep Kanihama

Research Team at ANZ, notes that yesterday’s Australian CPI data provided some tentative signs of stabilisation in inflationary pressures, but it is too early to conclude that inflation has troughed.Key Quotes“Given this, we expect the RBA to retain its easing bias, but keep the cas

07:46 27 October /2016 Forex

CNY: How low can it go? - Natixis Sandeep Kanihama

CNY: How low can it go? - NatixisNordine Naam, Research Analyst at Natixis, notes that the USD/CNY has tested a 6-year high, with a fixing at 6.7690, the Chinese yuan having weakened by 5.95% over the past year and by 1.6% since the start of October.Key Quotes“Of a

07:46 27 October /2016 Forex