USD/TRY likely to witness further upside this year if CBT avoids tighter monetary policy, says Commerzbank

Mar 15, 2017 09:28 am UTC| Commentary Economy Central Banks

USD/TRY is expected to witness further upside this year if the Central Bank of Turkey (CBT) does not simplify its policy and tighten its main policy rate and only tries to muddle through using daily liquidity management...

US February retail sales preview

Mar 15, 2017 09:21 am UTC| Commentary

U.S. retail sales statistics for February will be released at 12:30 GMT, today. Why retail sales and U.S. consumers are important? Domestic consumption of goods contributes about 25% of GDP or around $ 4.5...

Watch US inflation numbers ahead of FOMC monetary policy

Mar 15, 2017 09:00 am UTC| Commentary

The FOMC has projected three rate hikes for this year; Market participants expect the Fed to deliver the first one today. Inflation readings would be the most vital economic dockets in declining the pace of hikes ahead....

Global Reflation Series

Global Reflation Series: Inflation at multi-year high from Spain to Poland

Mar 15, 2017 08:32 am UTC| Commentary Central Banks

Latest data released yesterday show that the upward march of inflation that continued early last year is still gathering pace in Europe. Spain released its consumer price inflation report yesterday and it showed that...

Central Banking Series

BoK likely to remain on hold in near-term on concerns over rising household debt, says Fitch Ratings

Mar 15, 2017 08:17 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to remain on hold in the near-term, over rising concerns over the countrys household debt problem. The current loose monetary policy is further, expected to help cushion the headwinds to...

UK unemployment report preview

Mar 15, 2017 07:53 am UTC| Commentary

Last unemployment report before the Article 50 is triggered, will be published today, however, todays report may not be a major market mover for the pound but rather work as a support for all pound based pairs, as the...

Markets near certainty of FOMC rate hike in March

Mar 15, 2017 07:40 am UTC| Commentary Central Banks

A rate hike from the US Federal Reserves Federal Open Market Committee (FOMC) today is almost a certainty. The policymakers would conclude their two days of meeting today and announce the decision at 18:00 GMT, followed by...