FOMC Monetary Policy March 2019: Assessing future bias from statement and projection materials
Mar 21, 2019 04:29 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC kept the interest rate unchanged at yesterdays meeting. Current Federal funds rate target 225-250 basis points. Lets first assess the bias in monetary policy statement...
Mar 21, 2019 04:04 am UTC| Commentary Economy
Australian government bonds surged during Asian trading session Thursday after the Federal Reserve put a brake on further rate hikes in the economy, in its monetary policy meeting, held late yesterday. Widely in line...
FxWirePro: The Day Ahead- 21st March 2019
Mar 21, 2019 03:53 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Unemployment rate declined to 8-year low to 4.9 percent, largely due to a drop...
U.S. Leading Economic index likely to have risen modestly in February
Mar 20, 2019 18:11 pm UTC| Commentary
The U.S. Conference Boards Leading Economic Index data for the month of February is set to release tomorrow. The index highlights how the U.S. economy has lost some momentum in recent months. The index has stalled since...
Polish retail sales likely maintained strong growth in February, to have grown 6 pct
Mar 20, 2019 17:07 pm UTC| Commentary
Polish retail sales data for the month of February is set to release tomorrow. According to an Erste Research Group report, retail sales are likely to have grown 6 percent year-on-year, underpinned by solid wage...
Polish economy likely to grow strongly in Q1 2019, economy to expand 4.1 pct – KBC Market Research
Mar 20, 2019 14:32 pm UTC| Commentary Economy
Polish hard macro data for the month of February this year have been released already. All macro readings wages, employment and industrial production have hinted that the biggest regional economy continues to grow at a...
API reports large draw while market awaits EIA report
Mar 20, 2019 14:10 pm UTC| Commentary
Oil benchmarks are struggling, despite the fact that supplies are declining relatively rapidly from OPEC since December last year. However, economic growth concern in Europe and China are exerting downward pressure. WTI is...