EUR/PLN likely to reach 4.25 by end of Q2 this year, says Commerzbank

May 19, 2017 09:15 am UTC| Commentary Economy

Despite strong manufacturing growth across most of the CEEcountries, inflationary pressures are not emerging yet. Most of the headline CPI acceleration we have witnessed has been driven by large commodity price swings...

German bunds narrowly mixed in quiet trading session; investors await Q1 GDP data

May 19, 2017 08:47 am UTC| Commentary Economy

The German bunds traded narrowly mixed Friday as investors remained sidelined in a silent trading session that lacked data of economic significance. However, investors remain focused to watch the countrys first-quarter...

FxWirePro: Can Canadian CPI be a booster for USD/CAD upside forecasts?

May 19, 2017 07:56 am UTC| Economy Central Banks Insights & Views

Today Canadian CPI numbers are scheduled to be announced. Clearly, the Canadian economy was only able to recover from the collapse of the oil price in 2014/15 as well as it did because the export industries outside the...

BoC likely to keep overnight lending rate at 0.50 pct, says Scotiabank

May 19, 2017 06:35 am UTC| Commentary Central Banks Economy

Next Wednesdays Bank of Canada (BoC) meeting will end in a statement-only affair at 10amET forecast updates or a press conference. The overnight lending rate is universally expected to remain at 0.5 percent both in terms...

JGBs gain ahead of next week’s April trade balance data

May 19, 2017 05:56 am UTC| Commentary Economy

The Japanese government bonds gained Friday as investors await the countrys trade balance data for the month of April, scheduled to be released on May 22. The benchmark 10-year bond yield, which moves inversely to its...

Hassan Rouhani's economic legacy may be his key to winning a second term

May 19, 2017 05:47 am UTC| Insights & Views Economy Politics

Todays presidential election in Iran had turned into a vote of confidence for President Hassan Rouhanis four years in office. Irans economic recovery and reintegration into the global economy have become key electoral...

The road to the great regression

May 19, 2017 05:45 am UTC| Insights & Views Economy

In 1980, the novelist Martin Amis attended a meeting in Texas with Ronald Reagan, then in the midst of the campaign that would put him in the White House. Reagan liked to end his electoral activities with some audience...