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All posts by Sandeep Kanihama

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Fed: September meeting is still in play – ANZ

Research Team at ANZ, notes that San Francisco Fed President Williams (a FOMC non-voter this year, but influential nonetheless) added to the more hawkish statements made by Dudley earlier in the week. Key Quotes “Williams noted that the September Fed meeting is still “in play”

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USD longs reduced, EUR witnessed buying – ANZ

Research Team at ANZ, lists down the CFTC Speculative positioning data for the week ended on 16 August 2016. Key Quotes “Leveraged funds reduced their net long USD positions for the second consecutive week, albeit marginally. This coincided with weak retail sales and CPI data

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Silver: Shooting star still shines – HSBC

James Steel, Chief Precious Metals Analyst at HSBC, suggests that after years of declines, silver prices made significant gains in H1, boosted by robust investment demand based on strength in gold, risk-off investor appetite, and geopolitical risks. Key Quotes “We believe silver prices may remain

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BoJ: Hold your horses – HSBC

Research Team at HSBC, notes that the BoJ officials kept the annual base money increase target of JPY80trn, left the marginal deposit rate unchanged at -0.1%, but raised their ETF purchases by JPY2.7trn. Key Quotes “A few extra goodies: the BoJ will establish a new

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US: Strong economic releases – Nomura

Research Team at Nomura, notes that the US initial jobless claims were 262k in the week ending 13 August (the BLS survey reference week), a 4k decline from the prior week’s figure of 266k. Key Quotes “In the week ending 6 August, continuing claims were

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UK: A broken adjustment mechanism – HSBC

Research Team at HSBC, suggests that the UK has a very large current account (C/A) deficit and this structural weakness will come under immense pressure because of the forthcoming major political and economic changes. Key Quotes “Many hope that the decline in GBP seen so