Nov 16, 2016 10:20 am UTC| Commentary Economy
For decades now, it has been the usual. The United States is an enemy of Russia and related countries, China and the United States are vicious competitors, Arab countries like Saudi Arabia are allies, Japan is an ally, the...
Swedish inflation expectations continue to stay below target of 2 pct
Nov 16, 2016 10:03 am UTC| Commentary Economy
The Propseras monthly survey showed that long term inflation expectations in Sweden continued to be slightly below 2 percent target. The Prosperas monthly survey, which includes only money market players, indicated that...
NBP likely to cut rates by 50bps in 2017, says Commerzbank
Nov 16, 2016 09:47 am UTC| Commentary Economy
The National Bank of Poland is expected to slash its benchmark interest rate by about 50 basis points in the year to come in 2017, in a deliberate attempt to spur the countrys consumer inflation. Core inflation for...
Capital flows continue to exit EM economies, accelerating post-Trump’s presidential victory
Nov 16, 2016 09:28 am UTC| Commentary Economy
The financial market reaction post-Trumps win in the US presidential election has been at odds with what was anticipated by many prior to the result. The reaction to date may be too optimistic on the reflation trade,...
Banxico plans to fight Trump effects with higher interest rate
Nov 16, 2016 09:17 am UTC| Commentary Economy Central Banks
Banco de México, popularly known as Banxico will announce interest rate decision tomorrow at 19:00 GMT and it is expected that the central bank will increase interest rate sharply to fight of the recent effects of a...
Jump in U.S. bond yields on Trump-led reflation expectations poses challenge to ECB
Nov 16, 2016 08:29 am UTC| Commentary Economy
The European Central Bank is challenged by the latest rise in US bond yields on Trump-led reflation expectations. EU rates were not spared from rising global yields, which in turn, have raised doubts over the ECBs...
Renminbi Series: Bubbly housing sector in China
Nov 16, 2016 07:25 am UTC| Commentary Economy
We at FxWirePro were caught on the wrong side in our trading/call in copper, in the wake of Donald Trumps victory. While we forecasted a Trump win and warned that copper might defy our stop loss, we were reluctant to bet...