ECBs bank lending survey likely to show improvement in loan conditions in Q4, says Societe Generale
Jan 16, 2017 12:18 pm UTC| Commentary Central Banks
The ECBs loan conditions are expected to have indicated certain improvement in the fourth quarter, although with persistent concerns. The bank lending survey of ECB in October indicated a diverging trend between loans for...
FxWirePro: Pound reaches target, best to wait in sideline for short term traders
Jan 16, 2017 12:11 pm UTC| Commentary
On 15th of November, in an article named, FxWirePro: Pound hovering at key resistance, go short-term positional short and intraday using FxWirePro GBP currency index available at http://www.econotimes.com/, we recommended...
USD/JPY likely to trade around 114 by mid-2017, says Lloyds Bank
Jan 16, 2017 11:53 am UTC| Commentary
The USD/JPY pair continued its rally from its post U.S. election low around 101, trading as high as 118.50 throughout December. Three factors have underpinned this move. Firstly, the hawkish outlook of interest rate from...
Hard Brexit fears return ahead of PM Theresa Mays speech
Jan 16, 2017 11:52 am UTC| Economy Commentary
An interesting UK political development has taken place after a recent TV interview with PM Theresa May where she repeated that control over immigration and national sovereignty are higher on the governments priority list...
New Zealand inflation rates likely to remain weak in near future, says Commerzbank
Jan 16, 2017 11:52 am UTC| Commentary
In the past year, the New Zealand economy has developed pretty well. The real GDP grew 0.8 percent to 0.9 percent quarter-on-quarter in the last four quarters, noted Commerzbank. The economy is gaining from high...

Commodities snapshot (precious & industrial)
Jan 16, 2017 11:12 am UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: As expected the gold price is struggling in the resistance zone that ranges from $1195 to $1220. It is higher today, despite a...

Jan 16, 2017 11:03 am UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is marginally higher to start off the week. Todays range $52.1-52.7 With an OPEC and non-OPEC deal done, the...