Is Chinese authority freaking out? Comments from Davos
Jan 27, 2016 10:46 am UTC| Commentary Central Banks
We, at FxWirePro, at of the belief that Chinese authority or to say its communist leadership is freaking out over recent crisis faced by economy. While at one hand, they are trying hard to give up control and give market a...
Expect no policy action at FOMC meet, March also likely to be a close call
Jan 27, 2016 10:26 am UTC| Insights & Views Central Banks
The FOMC is largely expected to remain patient in the current environment at its 26-27 January 2016 meeting and its outlook for the labor market and inflation is unlikely to change materially. Focus will remain on the...
FOMC’s policy stance likely to set pace for USD
Jan 27, 2016 10:11 am UTC| Commentary Central Banks
The USD has appreciated on a trade weighted basis in January so far; however, the appreciation in USD is mainly due to weakness in other currencies rather than specific factors that causes the USD to appreciate. The...
Riksbank likely to lower rates to -0.45% in February
Jan 27, 2016 09:02 am UTC| Commentary Central Banks
Swedens December producer prices dropped 0.7% m/m and 1.9% y/y. Imported consumption goods prices dropped slightly to 3.1% in December from 3.4% in November. However, the year-on-year figures is largely expected to decline...
Dovish Fed to push Gold prices further higher
Jan 27, 2016 06:33 am UTC| Technicals Central Banks
Gold has broken major resistance $1113 and jumped till $1122. It is currently trading around $1120. Market awaits for Fed monetary policy today for further bullishness. Fed announced their first rate hike in Dec and...
Central Banks around the world powerless to control headline inflation
Jan 27, 2016 02:21 am UTC| Commentary Central Banks
No central bank in the world is currently perceived to be in control of headline inflation and misguided. When Draghi says there are no limits to what the ECB can do to reinflate the Eurozone, hes playing to the press...
FOMC preview-Fed to sound mildly dovish
Jan 26, 2016 15:28 pm UTC| Commentary Central Banks
The Fed will take a wait-and-see attitude at this weeks FOMC meeting. Although the central bank is likely to sound mildly dovish, acknowledging the increased risks to the outlook posed by the recent tightening of financial...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight