Interest rates
US employment: Settling for less
The US August employment report came in better expected, removing some near-term risk of a double dip but still pointing to pervasive weakness, says Julia Coronado, senior US economist at BNP Paribas in New York
Standard Chartered boosts Mena coverage
DUBAI – Standard Chartered has made five hires in Dubai as part of plans to boost its fixed-income, currencies and commodities business (FICC) in the Middle East and North Africa (Mena).
UniCredit restarts build in Asia
HONG KONG – UniCredit has made a key hire in Hong Kong as it reinstates plans to grow its presence in the Asia-Pacific, after spending the past year restructuring its fixed-income and currencies (FIC) business.
What to watch in Asia
Albert Leung and Subodh Kumar, Asian strategists at Citi in Hong Kong and Singapore, say China's July macro data and the Shanghai Composite Index are the key indicators of Asia's performance
BAML launches global liquidity platform
CHARLOTTE, N.C - Bank of America Merrill Lynch (BAML) is reacting to client demand for a centralised view of liquidity by launching a platform to improve the delivery of its global liquidity product offering.
StanChart kick-starts Brazil push
SAO PAOLO - Standard Chartered (StanChart) has established a rates and FX trading desk in Sao Paolo, after receiving regulatory approval to launch trading operations in Brazil in April.
Standard Chartered: EM currencies will come out top in 2011
Standard Chartered topped the one-month currency forecast rankings on expectations for further euro hardship.
Briefs 17.5.10
Read this week's Briefs section to catch up on technology news.
Sovereign debt and LatAm-related hedging key for Spanish dealers
Spanish dealers explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010
A global power shift
Gerard Lyons, chief economist at Standard Chartered in London, believes the balance of power could shift as the global economy recovers in 2010.
Verbal intervention won’t stop US dollar losses
Adam Cole, global head of foreign exchange strategy at RBC Capital Markets in London, believes US dollar weakness is a reflection of conventional monetary policy