The narrative over the eurozone crisis is blindsided by venom over the single currency's supposed ills, but that shouldn't detract attention away from the need for structural reforms.

Want to know what the neighbours might think of Brazil’s latest $66 billion economic stimulus package?

Liquidity in the US Treasury market has risen but it's a different story for corporate bonds, Ned Davis Research reveals.

The Bank of England and Her Majesty’s Treasury are making changes to the terms of fx transactions with market counterparties.

Financial officials expressed optimism this week over Asia’s growth prospects amid concerns over the appropriate path of policy

Former central bank policy committee member Yu Yongding told Emerging Markets in an interview that China should allow as much as a tenfold expansion of its current RMB trading band

Resolving global trade imbalances is the key to avoiding a fresh economic crisis, experts said this week

Leading China expert Stephen Roach this week slammed US policy on China’s exchange rate, urging Washington to ‘re-focus’ its priorities or risk a protectionist backlash

Moves to establish a regional bond market in Asia have picked up pace, amid renewed efforts to deepen financial markets and generate stronger returns from domestic savings, according to Asian policymakers and credit market players gathered at the ADB meetings.

A top IIF official slammed the implementation of new financial rules amid darkening economic data

Chairman and CEO Jon Corzine has allegedly been scrambling for a buyer for the major brokerage firm and may file for bankruptcy shortly, say media reports

Futures brokerage files for Chapter 11 after it allegedly scrambled for a buyer for all or part of the firm over the weekend. A buyer has not yet been confirmed.

Royal Bank of Scotland economists believe countries in Asian will strengthen their currency in order to rein in domestic inflationary pressures. And with most regional economies doing well, the bank believes this should not harm export competitiveness. Currencies are in emerging Asia are unlikely to weaken in the foreseeable future despite domestic inflationary pressure which is typically bad for them, economists at Royal Bank of Scotland have argued.

Derivatives Week

The South-east Asia city state could well become the next hub for offshore renminbi trade settlement, a move that would help ease China’s FX reserve burden. However, Beijing still needs to see more onshore exporters trading in renminbi.

Fitch expects its Covered Bonds Counterparty Criteria, which includes new amendments, “will have an immediate effect on a limited number of covered bond ratings”. Most programmes, and especially those that use internal counterparties, will only be affected if the issuer's rating deteriorates by several notches, Fitch said when it released the criteria on Monday.

Citigroup has named Todd Elmer head of G10 fx strategy for the Asia Pacific region.

Derivatives Week

Derivatives Week

This article appears courtesy of Global Investor

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