
FxWirePro: Euro outlook – stay with ECB, avoid the noise
Nov 20, 2015 13:24 pm UTC| Insights & Views
European Central Bank (ECB) chief Mario Draghi today, gave strongest signal ever that ECB will act decisively in December meeting despite opposition from some members like Bundesbank chief Jens Weidmann. According to...
German hawk counters European doves (again)
Nov 20, 2015 12:21 pm UTC| Insights & Views Central Banks
German hawk (Bundesbank chief Jens Weidmann) today in his speech took on the European doves (ECB president Draghi executive board member Peter Paret) again discarding the fear over deflation. Mr. Draghi and Paret (both...

Zinc jumps over Chinese production cut
Nov 20, 2015 11:21 am UTC| Insights & Views
A few weeks back, it was Glencore cutting 500,000 tons of zinc production globally, which is almost third of its overall production. Today, Chinese producers just followed up. Chinese smelters in a joint statement,...

UK government borrowing in October rises sharply
Nov 20, 2015 10:31 am UTC| Insights & Views
UK government borrowed more than expected in October. While net borrowing dropped to 7.47 billion last month from 8.33 billion in September, government borrowing increased to 8.2 billion in October, while median...

Yield curve review of Europe’s three largest economies
Nov 20, 2015 09:46 am UTC| Insights & Views
European bond are all merry heading into European Central Banks (ECB), much awaited meeting on December 3rd. Yields are dropping fast, even touching record low. German 2year yield has dropped to record low after...

Japan sliding into recession mode, 2% inflation target still a major concern for BoJ
Nov 20, 2015 09:33 am UTC| Insights & Views Economy
The GDP data (-0.2%) for Q3 illustrated that Japan is in recession. However, while the inflation rate remains at 0 because of which the BoJ cannot breathe a sigh of relief. Unchanged unemployment claims were stubborn...
Euro grinds lower with stronger signal from Mario Draghi
Nov 20, 2015 08:54 am UTC| Insights & Views Central Banks
European Central Bank chief, Mario Draghi probably giving out the strongest signal possible to give by a central bank chief in an even other than monetary policy announcement. He is clearly signaling that ECB stands ready...