Looking past the ECB and unto the Fed
Dec 07, 2015 02:55 am UTC| Commentary Central Banks
Market sentiment flip-flopped over the past two trading days. Disappointment on European Central Banks (ECB) policy actions triggered a sharp selloff in UST and Eurozone sovereign bonds. Equity markets followed suit. By...
Russia's central bank to remain on hold, although a close call
Dec 07, 2015 00:40 am UTC| Commentary Central Banks
Russia rate decision will be the main event in EMEA. Although a close call, CBR is expected to keep policy rates unchanged. The market is split on the rate decision with only 12 out of 23 economists expecting the CBR to...
USDCNY on the verge of a break higher
Dec 07, 2015 00:18 am UTC| Commentary Central Banks
USDAsia crosses have failed to gain upward momentum in the past week after the ECB disappointed markets. Although the FX market is likely to consolidate ahead of the FOMC statement on 16 December, the risk to regional...
November jobs report gives Yellen green light
Dec 04, 2015 18:03 pm UTC| Commentary Central Banks
Todays jobs report was the last key release ahead of the FOMC meeting on 15-16 December and should make the Fed feel comfortable about raising the Federal funds rate target for the first time since 2006. The November...
November US employment report checks all the boxes and looks to be more than "good enough" for Fed
Dec 04, 2015 15:14 pm UTC| Commentary Central Banks
Non-farm payrolls increased by 211k in November, above expectations for a 200k gain. Revisions to the previous two months added 35k to the tally, with Octobers print nearing a cool 300k as a result. Private payrolls...
Norges Bank likely to revise Q4 growth forecasts down
Dec 04, 2015 12:04 pm UTC| Commentary Central Banks
Norges Bank might revise the Q4 growth forecast slightly down and possibly take into consideration to reduce its wage forecasts of 2016 as well. Still, we stick to our forecast for unchanged rates in December. NOK is on...
ECB’s Constancio blames market expectations, hails ECB communication
Dec 04, 2015 11:56 am UTC| Commentary Central Banks
While traders, investors and analysts are blaming European Central Banks (ECB) communications over its intention, after the bank fell well short of market expectations, resulting in seventh biggest Euro move since its...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects