Monthly Archives: May 2011
HSBC : Currencies : Currency Weekly : ‘Risk on – risk off’: sense and sensitivities.
Recently, we have seen big moves in commodities; but the fallout as far as the commodity currencies are concerned has been very limited. Some would argue this is further evidence that markets are starting to decouple and correlations are breaking down.
US TIC Data: Inflows recover, but remain low.
US TIC Data: Inflows recover, but remain low The March Treasury International Capital (TIC) report showed somewhat higher long-term capital inflows into US assets, including private obligations. But the overall level of long-term inflows remains modest, and short-term inflows rose substantially. On balance, the QE2 growth story has not been strong enough to consistently attract […]