Mexico’s inflation in January likely accelerated, may surge above Banxico’s target
Feb 09, 2016 07:02 am UTC| Commentary
Mexicos January inflation is expected to have accelerated in January. The bi-weekly series had indicated that inflation through mid-January accelerated to 2.48% y/y from the record low of 2% y/y through mid-December. This...
More than 6 trillion bonds in negative yield as 10 year JGB drops to negative
Feb 09, 2016 06:44 am UTC| Commentary Central Banks
Is it BOJ or run to safety? Doesnt matter. Bank of Japans bid to flatten yield curve is turning out to be huge success but Yen and Nikkei are not at levels of their desire. Nikkei cash is down more than 5% today, and...
US labor market conditions deteriorate slightly in January on fewer employment
Feb 09, 2016 06:34 am UTC| Commentary Economy
The US labor market conditions deteriorated slightly in January, while the pace continued to moderate, based on Barclays Indicator of Labor Market Conditions and the Barclays Indicator of Labor Market Momentum. According...
Equity markets turmoil pushes no rate hike from FED closer to certainty
Feb 09, 2016 06:11 am UTC| Commentary Central Banks
With continued turmoil in global equity markets and relentless selling pressure in commodity segment is pushing investors to safety of government bonds, gold and Yen and also pushing back expectations for rate hikes in...
Survey-based US inflation expectations remain broadly stable
Feb 09, 2016 05:23 am UTC| Commentary
The drop in the market-based breakeven inflation rates has led to concerns that declining inflation outlook might trigger a deflationary spiral in the US. However, breakeven rates gauge inflation compensation rather than...
Guide to today’s important data and events
Feb 09, 2016 05:00 am UTC| Commentary
Lot of economic dockets scheduled for today, however all with low to medium risks associated. Data released so far UK - According to BRC, retail sales jumped up 2.6% in January from a year ago. Australia -...
Australia’s business sentiment eases in January on weak domestic conditions and market volatility
Feb 09, 2016 04:49 am UTC| Commentary
The NAB business survey has reported that Australias business conditions have eased in early 2016. The index dropped to +5 in January from +6 in December and +10 in November. However, the Januarys reading is still more...
Tesla Model 3 in Quicksilver Now Available, Model Y Joins China's NEV Procurement Catalog