Jan 29, 2016 13:04 pm UTC| Commentary Economy
Today first estimate of US fourth quarter GDP will be released at 13:30 GMT. After first US rate hike by FOMC, GDP figure stands vital in determining FEDs next move. However it is important to note this GDP is largely...
Eurozone January Inflation Marginally Improves; ECB’s March Meeting In Focus
Jan 29, 2016 12:31 pm UTC| Commentary
According to recent flash estimates from Eurostat, Eurozones January headline inflation increased to 0.4% from 0.2% y/y. The improvement was partly a result of base effects of energy prices as well as a surge in core...
After FOMC and BOJ, where does FED hike probabilities stand?
Jan 29, 2016 12:26 pm UTC| Commentary Central Banks
Market participants backed down their expectations for rate hike further into the future, more so after FOMC sounded cautious in this weeks meeting and Bank of Japan (BOJ) introduced negative rates. Market now expects...
FxWirePro: Short term outlook – Pound could rise to 1.485 against Dollar
Jan 29, 2016 11:55 am UTC| Commentary
Todays actions by Bank of Japan (BOJ) to reduced interest rates below negative has boosted stock around the world. Japanese Nikkei up 2.7%, SP 500 up 0.8%, UKs FTSE up 0.9%, German DAX is up 0.3%. With risk aversion...
French economy likely to grow at 1% in 2016
Jan 29, 2016 11:51 am UTC| Commentary
French quarterly GDP grew from Q3s 0.3% to 0.2% in Q4, in line with consensus, suggesting that the economy expanded by 1.1 percent during the year 2015. The data, however, was somewhat mixed as investments increased by...
BoT likely to keep rates unchanged in 2016
Jan 29, 2016 11:30 am UTC| Commentary Central Banks
Bank of Thailands December economic report stated that the economy grew at a moderate pace on the back of domestic demand, amid weakness in the rural economy. The agriculture income remained subdued; however, it grew...
Spanish political uncertainties likely to weigh on investment in H1 2016
Jan 29, 2016 10:18 am UTC| Commentary Politics
Spains preliminary GDP grew by 0.8% q/q in the fourth quarter of 2015, in line with consensus, maintaining a similar pace seen in the third quarter. The Preliminary GDPs growth was driven by contribution from net exports...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.