US unemployment likely narrowed in start of 2016
Feb 04, 2016 07:13 am UTC| Commentary
The US Bureau of Labor Statistics (BLS) will be releasing its report today on the employment situation in January. The hiring in the country is likely to have remained strong, while the underutilization of labor resources...
Renminbi series: China not facing any currency crisis but depreciation possibility
Feb 04, 2016 07:02 am UTC| Commentary
We, at FxWirePro, have long been arguing in favor weakness in Chinese economy, debt bubble burst and we have also given some extreme calls, such as Yen to reach 98 per Dollar, EuroStxx50 to drop to 1500 level if China goes...
Bank of Mexico likely to keep rate unchanged today over Fed’s recent dovish statement
Feb 04, 2016 06:47 am UTC| Commentary Central Banks
The Bank of Mexico is expected to keep its overnight rate on hold at 3.25% today, mainly in the context of Feds dovish statement recently. However, the central banks decision to maintain rates will not be simple. The...
Feb 04, 2016 05:52 am UTC| Commentary
Policymakers in Peoples Bank of China and in Beijing, will not at all be happy with latest moves in Yuan. Last night Dollar registered one of its biggest drop, largest since 2009, when, then FED president Ben Bernanke...
US payroll employment growth likely eased in January, but remains strong at start of 2016
Feb 04, 2016 05:51 am UTC| Commentary
US payroll employment growth is expected to have slowed down in January as non-agricultural worries created around 245,000 net new jobs. The US had recorded a rise of 292,000 in December. Many factors indicate a downward...
Feb 04, 2016 05:09 am UTC| Commentary
The National Bank of Polands Monetary Policy Council (MPC) has kept the benchmark interest rates on hold at 1.5%, on par with market expectations. The council stated that the present interest rate level assists in keeping...
Guide to today’s important data and events
Feb 04, 2016 04:54 am UTC| Commentary
Not many economic dockets scheduled for today. Focus on BOE interest rate decision. Data released so far Australia - National Australia Banks business confidence rose to 4 from 1 in fourth...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.