
Oct 29, 2015 11:47 am UTC| Insights & Views
Today flash estimate of US third quarter GDP will be released at 12:30 GMT. After relatively hawkish policy statement from FOMC, GDP figure stands vital in determining Dollars next move. Past trends US GDP...

FOMC keeps December hike still alive
Oct 29, 2015 11:13 am UTC| Insights & Views Central Banks
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and explicitly referred to the next meeting when discussing the appropriate time horizon to raise rates. The direct reference puts a December rate hike...

Euro zone business morale strong, while consumers remain skeptics
Oct 29, 2015 10:51 am UTC| Insights & Views
Business sentiment pan Europe soared, while consumer sentiment remained stagnant. Economic sentiment has reached highest level since 2011. European Central Bank (ECB) assurance to keep policy very accommodative for...
RBNZ loses its aggressiveness, might prove detrimental
Oct 29, 2015 10:40 am UTC| Insights & Views Central Banks
Reserve bank of New Zealand (RBNZ) is clearly losing its aggressive mood, which it had shown so far. However, that may not do well for New Zealand economy as it can both use weak Kiwi and lower interest rates. Latest...

FED warns hike-skeptics through clearer message
Oct 29, 2015 09:54 am UTC| Insights & Views Central Banks
October FOMC statement can best be seen as FEDs take on punch to the skeptics and clearing the air of FEDs intention. Though the actual uncertainty prevailed over, when the FED will actually be able to hike for the first...
Guide to today’s important data and events
Oct 29, 2015 09:24 am UTC| Insights & Views
Lot of economic dockets scheduled for today, some with high risks associated. Focus on US GDP and German CPI. Data released so far Australia - Import price index rose by 1.4% in third quarter, while export price...

Oct 29, 2015 08:06 am UTC| Insights & Views
We kept reiterating this APAC pairs bearish trend often and often, now observe the daily price slumps on above charts. We spotted out a bearish spinning top at 1.0608 with days lows at 1.0523 thereby our earlier target...