NZD/USD likely to trade marginally lower this year, says Commerzbank
Feb 28, 2017 05:26 am UTC| Commentary Economy
The Reserve Bank of New Zealand wants a lower exchange rate given the dampening impact of the stronger currency on the pace of inflation. In February, the RBNZ stated that depreciation is required in the exchange rate. The...
FxWirePro: The Day Ahead- 28th February 2017
Feb 28, 2017 04:31 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Current account balance improves to -$3.9 billion in the fourth quarter....

Chart of the Day: lengthening commutes
Feb 27, 2017 18:18 pm UTC| Commentary Economy
Lack of workable citiesoffering jobs with affordable accommodationsis forcing people to stay further away from their places of work, leading to ever-increasing commute time. While the chart only shows US data, it is a...
Feb 27, 2017 16:00 pm UTC| Commentary Economy
The planned merger between Deutsche Brse AG and London Stock Exchange Group PLC to create Europes largest exchange is at risk after the LSE said late Sunday that it wouldnt sell its majority-owned fixed-income trading...
Economic Sentiment rises marginally in both euro area and EU, remains at highest since 2007
Feb 27, 2017 15:22 pm UTC| Commentary Economy
Despite heightened uncertainty about future policies ahead of a series of key elections across the currency area, data released earlier on Monday by the European Commission showed that the economic sentiment remained...
S&P affirms Hungary’s rating at BBB, outlook stable
Feb 27, 2017 14:59 pm UTC| Commentary Economy
The US-based ratings agency Standard Poors on Friday affirmed Hungarys sovereign rating (BBB-) and left the outlook stable as expected. The agency said Hungarys substantial external surpluses and its track record of...
S&P projects 4 pct decrease in sovereigns borrowing in 2017
Feb 27, 2017 14:47 pm UTC| Commentary Economy
The US-based ratings agency Standard Poors in its latest report published on Sunday forecasts a 4 percent decrease in commercial borrowing by the 130 sovereigns it currently rates, to reach $6.8trn in 2017. Standard ...