All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Editor’s Picks / 2 hours ago

    Southeast Asia catches growth chill as China slows

    Nikkei Asian Review
    Southeast Asian economies are slowing down. GDP in the region's five main economies grew at just 4.2% between April and June, down 0.2 of a percentage point from Q1. China, which is soaking up fewer imports, is one reason. Slack domestic demand is another. The 4.2% rate is a weighted average figure for Indonesia, Malaysia, the Philippines, Singapore and Thailand. According to the Asian Development Bank, the decline is attributable to weakness in Malaysia and Thailand. The ADB said the region's slowdown is deeper than expected, and it might have to review its forecast of 4.6% growth.
    Read article on Nikkei Asian Review
    Go to post
  • Article / 2 hours ago

    Morning Report APAC: No clear path yet for US rate hike

    APAC Sales Trading Desk / Saxo Capital Markets
    Singapore
    Morning Report APAC: No clear path yet for US rate hike
    Speeches at the weekend's Jackson Hole symposium have highlighted that no decision has yet been made as to whether US rates will rise in September. Fed Vice Chairman Stanley Fischer says it's too early to tell, while Atlanta Fed President Dennis Lockhart says given the events of the last several weeks, a risk factor has arisen.
    Read the article
    2h
    cristinebequillo cristinebequillo
    This comment has been redacted
  • Editor’s Picks / 3 hours ago

    PBoC uses complex tool to tame yuan expectations

    China Spectator
    China has used an unusual and complex financial derivative instrument to tame growing expectations for the yuan to fall. The PboC intervention caused US dollar-yuan foreign exchange swaps to fall sharply – a movement that implies a stronger Chinese currency and lower market interest rates in the world's second-largest economy in future. The move came after waves of sharp selloffs in the yuan in the offshore market such as in Hong Kong, where the currency trades freely, following Beijing's surprise near 2% yuan devaluation on August 11. The abrupt yuan devaluation was interpreted by investors as a sign that growth is slowing more sharply than Beijing had anticipated.
    Read article on China Spectator
    Go to post
    2h
    cristinebequillo cristinebequillo
    This comment has been redacted
  • 2h
    cristinebequillo cristinebequillo
    This comment has been redacted
  • Article / Yesterday at 23:59 GMT

    The Macro Take: Not out of the woods yet

    Asia Macro Strategist / Saxo Capital Markets
    Singapore
    The Macro Take: Not out of the woods yet
    It is clear that despite last week's bounce back, we are not yet out of the woods: we still need to close above some key technical levels. The key focus this week is the US nonfarm payrolls, with expectations around 220,000. The VIX needs to come back into the mid teens and the US 10 years need to get back above 2.25% before I feel we are in the clear.
    Read the article
    2h
    cristinebequillo cristinebequillo
    This comment has been redacted
  • Editor’s Picks / Yesterday at 21:42 GMT

    China growing at 'reasonable' pace despite pressures: Premier Li

    CNBC
    China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said. The premier, in remarks published late Saturday after a special cabinet meeting, said China is continuing to steadily manage its economy. Li said international market instability "has increased the uncertainties around the global economic recovery, and the impact on China's financial market and imports and exports has also deepened, with the economy facing new pressure."
    Read article on CNBC
    Go to post
  • 2d
    Hisham Boulos Hisham Boulos
    Thanks Mike ... have a peaceful weekend ;)
    2d
    John Shaw John  Shaw
    Thanks Mike. All the best bud.
  • Article / Friday at 15:00 GMT

    WCU: A crazy week for commodities

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: A crazy week for commodities
    Crazy and at times terrifying price swings were what financial markets offered traders and investors this past week. Global stock markets, emerging market currencies and commodities saw movements that left many questions unanswered, and one in particular: Is this it?
    Read the article
  • Article / Friday at 14:00 GMT

    FX Board: Treading water in choppy seas

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Board: Treading water in choppy seas
    Few developments across FX today, though the commodity currency comeback attempt so far looks like it was a mere flash in the pan. The volatility is hardly likely to fade immediately as we watch today's closing levels and await the central bank rhetoric at the US Jackson Hole conference this weekend.
    Read the article
  • Article / Friday at 10:51 GMT

    Daily Shot: Nice surprise from the US

    TradingFloor.com Team / Saxo Bank
    Denmark
    Daily Shot: Nice surprise from the US
    Amid turmoils in China the US reported an astonishing rise in GDP. In the meanwhile we see the unemployment rate in Japan continue to fall as better economic growth combined with the aging population has created a tight labor market. Especially women profit.
    Read the article