Chinese data supports call for further stimulus from PBoC?
Feb 01, 2016 14:36 pm UTC| Commentary Central Banks
Data released over the weekend showed that Chinas official factory PMI slipped for a sixth consecutive month to a 3 year low of 49.4 in January, compared with a median expectation of 49.6. While the private Caixin survey...
German 5 year yield dive to new record low as Cœuré suggests easing
Feb 01, 2016 13:34 pm UTC| Commentary
German 5 year yield has plunged into new record low today. German 5 year Yield traded as low as -0.32%, before recovering ground and being positive for the day. European Central Bank (ECB) executive board member Benot...
US personal consumption expenditure preview
Feb 01, 2016 12:44 pm UTC| Commentary Economy
Personal consumption, income data along with PCE price index would be released from US at 13:30 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend...
BoK likely to cut rate by 25bp in Q1
Feb 01, 2016 12:34 pm UTC| Commentary
S. Koreas December current account surplus reduced to 7.5 billion USD as compared to Novembers print of 9.9 billion USD as a result of high deficits on the primary income and services accounts. This offset the goods...
10-year JGB closes in on negative territory
Feb 01, 2016 12:26 pm UTC| Commentary
While bank of Japans (BOJ) negative rate charm is fading over benchmark stock index Nikkei, which is marginally down -0.5% today and Yen is flat for the day, Japanese government bonds are continuing their advance. Since...
Banxico likely to stay mute at its forthcoming meeting
Feb 01, 2016 11:56 am UTC| Commentary Central Banks
In Mexico, ongoing growth acceleration along with the pass-through from currency depreciation in tradable goods prices suggest further tightening of the current economic situation as well as inflation. Despite downward...
Why BOJ’s negative rate, not really a negative rate?
Feb 01, 2016 11:21 am UTC| Commentary Central Banks
Bank of Japans (BOJ) negative rate is more symbolic and theoretical than actual realty. While, we, at FxWirePro, joined bandwagon of analysts and news service providers on Friday, highlighting Bank of Japans (BOJ) first...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.