Insights

 

Wealth Advisory Market Perspectives
August 23, 2016 Posted by

"Can I catch a tax break?” Private Bank clients seek liquidity and tax deductions every day. Lorraine Monick and Mary Toomey , provide our Private Bank clients with guidelines and examples which prove that lending structures and terms can have a direct impact on your investors’ bottom line.          

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FX Daily; Asia
August 15, 2016 Posted by

 o        One year after RMB’s sudden devaluation on Aug 11, 2015, China largely succeeds in its objective of revamping the FX mechanism to make RMB more market oriented and relative stable to a basket of currencies.

Offshore USD/CNH range bound between 6.6250 and 6.6740 since the beginning of August. 1

China’s FX reserve dropped slightly in July, as a stable RMB has eased downward pressure on China’s reserve.2

USD/CNH will be trading in a slightly upward bias as recent weaker-than-expected economic data suggest China might be running out of policy options to stimulate its economy.

The medium to long term outlook for USD/CNH is still moving higher in an orderly fashion with a possible target of 6.75 by year end.

PBOC sought stability and will prevent the RMB depreciating too fast.

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Treasury Management; U.S.
August 12, 2016 Posted by

When it comes to payables solutions, one size does not fit all. Learn how each type of e-payment (ACH, wire transfers, and commercial cards) plays a specific role in reducing expenses and directing capital. It’s important to understand what the differences are and when to use them.  

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FX Daily
August 10, 2016 Posted by

The overnight long USD liquidation has abated, although there were no real impetus for the move except that risk sentiment appears to be better. 

 
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FX Daily
August 09, 2016 Posted by

The greenback reversed course after the disappointing US productivity data and market players used the opportunity to pare longs USD positions established after Friday’s jobs report. 

 
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FX Daily
August 08, 2016 Posted by

Momentum for the USD carried over from Friday following the solid US employment report.

 
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FX Daily
August 05, 2016 Posted by

USD jobs report was quite solid with the headline non-farm payrolls coming in at +255K vs 180K expected. 

 
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FX Outlook; Startups; Technology; Venture Capital; Asia; Europe; U.S.
August 05, 2016 Posted by
Brexit continues to dominate the world’s business headlines. But, stress levels in the financial markets have dropped.  The EU’s post-Brexit show of unity calmed fears that the EU or Eurozone will fall apart any time soon.  The Fed will see two more jobs reports before September’s key meeting, and we will have a clearer view of the Presidential and Congressional elections. We expect lighter, quieter trading in August.
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