
Commodities snapshot (precious & industrial)
Jul 18, 2016 14:57 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is continuing its decline, however, likely to find support around $1300 area. Todays range $1323-1338 We expect gold to...

Currency snapshot (major pairs)
Jul 18, 2016 14:49 pm UTC| Commentary
Dollar index trading at 96.59 (+0.04%) Strength meter (today so far) Euro +0.30%, Franc -0.16%, Yen -0.96%, GBP +0.57% Strength meter (since last week) Euro +0.30%, Franc -0.16%, Yen -0.96%, GBP +0.57% EUR/USD...
A weak New Zealand Q2 consumer price print fuels RBNZ rate cut speculation
Jul 18, 2016 14:44 pm UTC| Commentary
Data released by Statistics New Zealand on Monday showed New Zealands CPI rose at a slightly lower than expected pace of 0.4 percent during the second quarter of 2016. The surprisingly weak development of consumer prices...
Fitch affirms Poland’s credit rating at ‘A-‘, outlook stable
Jul 18, 2016 14:11 pm UTC| Commentary
Late on Friday, Fitch rating agency affirmed Polands A- rating with a stable outlook. Fitch said reduced policy predictability under the Law and Justice (PiS) party government was offset by the countrys robust economic...
German SMEs took a fairly calm view of the Brexit referendum
Jul 18, 2016 13:33 pm UTC| Commentary
German KfW-ifo SME Barometer, sampled in the weeks before the Brexit referendum on June 23 rose to a new years high in June (climbing by 0.9 to 16.3 balance points). SME business expectations rose by 1.8 to 5.7 balance...
Canadian bonds slump as BoC maintains optimism on growth
Jul 18, 2016 13:18 pm UTC| Commentary
The Canadian government bonds slumped on Monday after the Bank of Canada remained optimistic on the economic outlook in its monetary policy statement. Also, weak crude oil prices limited the growth in bond yield. The...
Japan likely to adopt a soft 'helicopter money’ approach
Jul 18, 2016 12:53 pm UTC| Commentary Economy
Japans policymakers and central bankers are likely to adopt a soft helicopter money approach, instead of funding government spending through a mechanism of direct debt monetization, reports said. A helicopter is an...