Euro area manufacturing PMI index likely to have dropped slightly in May
May 22, 2017 23:18 pm UTC| Commentary
Manufacturing industry globally has been rebounding from quite a subdued performance recorded in the last few years. The markets would be able to measure if the recent improvement in the manufacturing continues to be in...
German Ifo business climate index likely to have risen in May
May 22, 2017 23:15 pm UTC| Commentary
The German Ifo index for the month of May is set to come out on Tuesday. The business confidence figures, along with the release of the Ifo business climate, expectations and current assessment indices would give a...
Core inflation to remain subdued in advanced nations, likely to gradually accelerate in near future
May 22, 2017 16:55 pm UTC| Commentary
Global headline inflation seems to have peaked at the beginning of this year as the base effects of higher energy prices has washed out, noted ANZ in a research report. Underlying inflation continues to track sideways and...
U.S. durable goods order likely to have fallen 1.9 pct in April
May 22, 2017 16:38 pm UTC| Commentary
Durable goods orders growth in the U.S. had come in below consensus in March, recording a growth of 0.9 percent as orders of motor vehicles dropped while aircraft orders rose sharply. Boeing had recorded 15 orders in...
National Bank of Hungary likely to keep policy on hold in May
May 22, 2017 16:09 pm UTC| Commentary
The National Bank of Hungary is expected to keep its policy on hold this week; however, despite of rising inflationary environment the possibility of additional monetary easing is still there. The latest minutes of the...
May 22, 2017 15:42 pm UTC| Commentary
Polands industrial production and retail sales data came in disappointed in April. Headline industrial output dropped 0.6 percent year-on-year, as compared with expectations of 1.9 percent growth. On a seasonally adjusted...

Commodities snapshot (precious & industrial)
May 22, 2017 11:55 am UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is marginally higher today on a weaker dollar. Todays range $1251-1258 We expect the gold price to reach $1390 per...