FOMC’s policy stance likely to set pace for USD
Jan 27, 2016 10:11 am UTC| Commentary Central Banks
The USD has appreciated on a trade weighted basis in January so far; however, the appreciation in USD is mainly due to weakness in other currencies rather than specific factors that causes the USD to appreciate. The...
Riksbank likely to lower rates to -0.45% in February
Jan 27, 2016 09:02 am UTC| Commentary Central Banks
Swedens December producer prices dropped 0.7% m/m and 1.9% y/y. Imported consumption goods prices dropped slightly to 3.1% in December from 3.4% in November. However, the year-on-year figures is largely expected to decline...

Dovish Fed to push Gold prices further higher
Jan 27, 2016 06:33 am UTC| Technicals Central Banks
Gold has broken major resistance $1113 and jumped till $1122. It is currently trading around $1120. Market awaits for Fed monetary policy today for further bullishness. Fed announced their first rate hike in Dec and...

Central Banks around the world powerless to control headline inflation
Jan 27, 2016 02:21 am UTC| Commentary Central Banks
No central bank in the world is currently perceived to be in control of headline inflation and misguided. When Draghi says there are no limits to what the ECB can do to reinflate the Eurozone, hes playing to the press...

FOMC preview-Fed to sound mildly dovish
Jan 26, 2016 15:28 pm UTC| Commentary Central Banks
The Fed will take a wait-and-see attitude at this weeks FOMC meeting. Although the central bank is likely to sound mildly dovish, acknowledging the increased risks to the outlook posed by the recent tightening of financial...
FOMC likely to be cautious amid financial market volatility
Jan 26, 2016 12:21 pm UTC| Commentary Central Banks
Due to short squeeze in risky assets, the US Dollar could see downside risks against high beta currencies. The risky assets are seen supported by markets expectations that are inclined towards ECBs accommodative monetary...

Sweden's Riksbank likely to cut rates by 10bp in February
Jan 26, 2016 10:46 am UTC| Commentary Central Banks
Swedish producer prices have witnessed a downward trend since May 2015, due to lower prices for commodities and petroleum products. The downward trend continues as December producer prices dropped by -0.7 percent m/m and...