FxWirePro Medium term outlook: Yen might test 111 if BoJ acts

Jul 13, 2016 10:17 am UTC| Commentary

In the past two days, Japanese yen has retraced a lot as speculations went rampant that the Bank of Japan (BoJ) will release next level of stimulus pretty soon, even before its next monetary policy meeting, which is...

UK gilts rally as investors wary ahead of BOE policy decision; central bank to cut 25bps

Jul 13, 2016 10:03 am UTC| Commentary

The UK gilts rallied on Wednesday as investors were cautious ahead of the Bank of England policy decision. Also, we foresee that the central bank to ease 25 basis points from 0.50 percent to 0.25 percent on Thursdays...

French consumer prices rise slightly in June

Jul 13, 2016 09:39 am UTC| Commentary Economy

Consumer prices in June rose slightly as increase in prices of energy was partly countered by a drop in prices of fresh food and certain manufactured goods at the start of the sales season. Frances statistics agency INSEE...

India’s retail inflation at 22-month high; to create anxiety in next policy meet

Jul 13, 2016 09:23 am UTC| Commentary Economy Central Banks

Consumer price index in India rose to22-month high, a likely cause of concern in the Reserve Bank of Indias next policy meet in August. Also, investors are eagerly awaiting the nomination of Rajans successor whose term...

German bund yields plunge ahead of 10-year bond auction

Jul 13, 2016 09:07 am UTC| Commentary

The German bund yields plunged on Wednesday as investors await 10-year bond auction, which is the first sale in the Eurozone area with negative returns. Also, investors preferred safe-haven instruments amid losses in...

Malaysia’s industrial production expands, beats market expectations

Jul 13, 2016 08:26 am UTC| Commentary Economy

Industrial production in Malaysia expanded during the month of May, giving enough reason to Bank Negara to remain on hold in the Wednesdays meeting. However, it remained well above of what the markets had expected. Such...

Poland’s current account surplus likely to have increased in May

Jul 13, 2016 08:21 am UTC| Commentary Economy

Poland is expected to have recorded a higher current account surplus in May as compared to the Aprils. According to a Societe Generale report, Polands current account surplus is likely to have risen by EUR 24 million to...