US Fed decision probably having negative effect for Crude oil prices
Sep 24, 2015 07:23 am UTC| Commentary
Fears of a slump in Chinese demand led to sharp swings in crude oil prices last month. Brent and WTI fell to fresh year-to-date lows of $42.23/bbl and $37.75/bbl, respectively, before recovering by c. 30% to stabilising at...
EUR-USD to reach 1.1250 in near future
Sep 24, 2015 07:11 am UTC| Commentary
Fed Governor Janet Yellen is unlikely to signal any need to rush either when she discusses inflation dynamics at the University of Massachusetts today.Every-one is full of anticipation about her appearance, but she is...
Euro Area's headline CPI to stay below 1% till later next year
Sep 24, 2015 06:59 am UTC| Commentary Central Banks
Recent global and financial developments, emanating particularly from China, combined with the relative tentativeness of the eurozones economic upswing, have prompted ECB officials to emphasise that the QE programme will...
China's September ‘flash’ PMI hints slow growth rate in Q3
Sep 24, 2015 06:57 am UTC| Commentary
The Caixin flash manufacturing PMI of China slipped to 47.0 in September, coming in below expectations and reaching its lowest level since March 2009. New orders - a key proxy for both domestic and overseas demand - fell...
FOMC likely to hike before year end
Sep 24, 2015 06:54 am UTC| Commentary Central Banks
The decision of the Federal Open Market Committee to maintain the policy target range of 0-0.25% at its September policy meeting prompted a sharp fall in US Treasury yields. The impact was particularly marked on...
FOMC likely to hike before year end
Sep 24, 2015 06:38 am UTC| Commentary Central Banks
The decision of the Federal Open Market Committee to maintain the policy target range of 0-0.25% at its September policy meeting prompted a sharp fall in US Treasury yields. The impact was particularly marked on...

Sep 24, 2015 06:36 am UTC| Commentary
Norways external position remains strongly positive, thanks in large part to its sovereign wealth fund, with a current account surplus of nearly 9% of GDP in Q2. This should help to limit the downside to the krone versus...