
Vanishing FED hike headache for ECB, BOJ
Oct 16, 2015 13:29 pm UTC| Insights & Views Central Banks
Delay in FED hike and sharp drop in expectations, which now is forecasting first rate hike close to middle of next year is creating headache for European Central Bank (ECB) and Bank of Japan (BOJ) policymakers. Latest...

Oct 16, 2015 13:15 pm UTC| Insights & Views
We could envisage precious metal gains for next 1M-3M despite red flag for far month contracts. Yes, indeed gold slides may be temporary, the current slumps probably due to profit booking trades. We could see strong...
Chinese key economic releases likely to set the mood for next week
Oct 16, 2015 12:17 pm UTC| Insights & Views
Monday there are series of data coming out of China, which could set the mood for the weak. China GDP data for third quarter is sure to be most watched, is set to be released at 2:00 GMT. In second quarter economy...

Emerging Market rally to go further?
Oct 16, 2015 12:12 pm UTC| Insights & Views
An improvement in news flow around China - on both economic growth and policymaking kick-started a rally in EM currencies last month. A substantially weaker-than-expected US jobs report which fueled speculation that the...
Brazil’s fiscal deficit, S&P, Fitch and Moody’s downgrade rating to junk BRL
Oct 16, 2015 11:58 am UTC| Insights & Views
Brazils fiscal situation in the recent past have worsened, the consolidated public sector accounts posted a BRL7.3bn deficit. The central government imbalance reached BRL6.9bn deficit. Moreover, the state owned...
Wages still low for BOE to hike rates
Oct 16, 2015 11:38 am UTC| Insights & Views
While Bank of England (BOE) based rising pace of wage growth as one of their key arguments in support of hiking rates next year, latest report by Office of National Statistics (ONS) on wages may dampen the mood of...

FxWirePro – Euro short term outlook – bears cheering dovish view
Oct 16, 2015 10:56 am UTC| Insights & Views
While weaker Dollar, over vanishing rate hike expectation is providing support for the pair on the upside along with longer term strength due to positive surplus for the Euro region, it may not be sufficient to cheer the...