FxWirePro Poll: U.S. 10-year Treasury yields seen at 3 pct in 2017

Dec 08, 2016 12:21 pm UTC| Commentary Insights & Views

The U.S. 10-year Treasury yields are expected to rise towards 2.5 percent in 2017, supported by the Federal Reserves probable 25 basis points hike next week, coupled with the re-inflationary policy of the U.S....

Central Banking Series

What to expect from ECB ahead?

Dec 08, 2016 12:11 pm UTC| Commentary Central Banks

Today, European Central Bank (ECB) is to provide further guidance in policy meeting. The result to be announced at 12:45 GMT, followed by apress conference at 13:30 GMT. Meeting is to be held in Frankfurt. Current...

U.K trade deficit seems to have narrowed in October, construction output likely increased again

Dec 08, 2016 11:46 am UTC| Commentary

The balance of trade in services in U.K. is quite stable in the short term as it is based on minimal data and so is, at least initially, slightly more than an educated guess, noted Societe Generale in a research report....

Downward pressure on CNY likely to persist and extend into 2017, says Scotiabank

Dec 08, 2016 11:35 am UTC| Commentary Economy

The downward pressure on the yuan will persist and extend into 2017 amid continued capital outflows. Chinas foreign reserves tumbled USD 69.1 billion to USD 3.0516 trillion at the end of November from a month ago, the most...

South African Reserve Bank likely to maintain bias for higher rates, says Commerzbank

Dec 08, 2016 11:11 am UTC| Commentary

In spite of subdued economic growth in South Africa and a stronger rand, inflation has decelerated just slightly since its high of 7 percent in February. The consumer price inflation continues to be stuck above the South...

US Election Series

US Election Series: Jill Stein’s recount effort comes to an end with court order

Dec 08, 2016 10:46 am UTC| Commentary Politics

The District Judge who ordered a recount in Michigan, ruled out his earlier order and called for a halt in the recounting process as he determines that the Green Party candidate Jill Stein has no basis or legal standing to...

Central Banking Series

National Bank of Poland springs no surprises, remains on hold as expected

Dec 08, 2016 10:44 am UTC| Commentary Central Banks Economy

The National Bank of Poland remained on hold, as per market expectations, throwing no surprise bursts at all. According to NBP Governor Glapinski, the current economic deceleration had been anticipated, but improved...