BoE’s rates on-hold likely to stabilize Pounds
May 20, 2015 07:41 am UTC| Insights & Views
BOEs MPC meeting minutes: This event is scheduled today that signals how interest rates regulations would be. Bank of Englands Monetary Policy Committee voted to maintain the bank rate at 0.5% at its 11th May 2015...

Expect another crude drawdown in today’s EIA crude stock report
May 20, 2015 07:37 am UTC| Insights & Views
Today would be third consecutive week, if US Energy Information Administrations (EIA) weekly inventory shows another drawdown. Last week inventory dropped by 2.19 million barrels and market is expecting another drawdown...
Greece shows default card in policy negotiation
May 20, 2015 07:06 am UTC| Insights & Views
Greek parliamentary speaker announced that Greece will not pay IMF on June 5, if a deal is not reached by then with European creditors. Policy negotiation is heating up as Greek coffers run dry and it faces another 1.9...

Deutschland consumer sentiment reflects in manufacturer’s index
May 20, 2015 06:46 am UTC| Insights & Views
German PPI MoM (Producers Price Index) is printed at 0.1% which is in line with the forecasted figure as reported by the Federal Statistical Office. PPI in Germany was decreased 1.70% in March of 2015 over the same month...

Euro fell over ECB frontloading while bund shows resilience
May 20, 2015 06:26 am UTC| Insights & Views
Yesterday commentary from ECB official Mr. Coeure had hit Euro the hardest, souring the recent bull trend in Euro. For the month of May and June, ECB will be frontloading asset purchase which means ECB will be buying...

Japan’s preliminary Q1 GDP strikes beyond forecasts
May 20, 2015 05:57 am UTC| Insights & Views
Japan Preliminary GDP Growth Rate: It was scheduled to be released today and raised to 0.6% in the Q1 of 2015 over the previous quarter as reported by the Cabinet Office, Japan while forecast was at 0.4%. Japan Private...

BOJ sighs relief as growth recovers
May 20, 2015 05:33 am UTC| Insights & Views
Bank of Japan (BOJ) policymakers are feeling much relieved as data last night revealed that growth bounced back sharply in the first quarter in worlds third largest economy. Preliminary estimate showed that Japan grew...