Brexit risks: justified or overestimated; Part 4
Feb 02, 2016 11:41 am UTC| Commentary
In our previous parts to Brexit risks, available at http://www.econotimes.com/Brexit-risks-%E2%80%93-justified-or-overestimated-%E2%80%93-Part-1-140164 and...
Futures market likely driven by commodity prices and Chinese growth
Feb 02, 2016 11:40 am UTC| Commentary
In January, the Japanese yen traded in the positive zone for the first time since October 2012 and continued to advance higher levels, until the BoJs surprised the market by adopting negative interest rate at the end of...
Feb 02, 2016 11:39 am UTC| Commentary
Several key event risks are ahead of New Zealand Dollar today, which could push New Zealand Dollar down again. New Zealand Dollar is already trading down almost 1% against Dollar, at 0.649. ANZ commodity prices released...
Worst has passed for CAD, dips are a buying opportunity
Feb 02, 2016 11:24 am UTC| Commentary
The loonie lost over 15% of its value versus the U.S. dollar, Japanese Yen and British pound in the previous year. The sell-off in the CAD was looking extended from a quantitative, as well as qualitative perspective. The...
India’s inflation rate likely to decelerate in the forthcoming months
Feb 02, 2016 11:04 am UTC| Commentary
The Reserve Bank of India had cut its benchmark interest rate by 50 basis points to 6.75 percent last in September 2015, and is likely to be accommodative in the forthcoming months. Even after having a favourable inflation...
Yen bears retreat as equities slide and JGB auction demand not as expected
Feb 02, 2016 10:52 am UTC| Commentary
Yen selling frenzy, post Bank of Japan (BOJ) negative rates fading as equities reverse course. Yen remains well bid, trading at 120.7 per Dollar, however traded as high as 120.35 per Dollar today. Indias benchmark...
BCB likely to increase selic rate in March meeting
Feb 02, 2016 10:29 am UTC| Commentary Central Banks
Brazils economic condition is likely to remain weak in near term as long as political crisis weigh on investment decisions and stimulate negative tone in the financial markets. Industrial production decreased nearly 8...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.