Swedish manufacturing production grows in November, likely to expand fairly in near term
Jan 10, 2017 11:40 am UTC| Commentary
Swedens November production figures have come out quite mixed. The nations manufacturing sector appears to be rebounding, but the larger private services sector is stagnant. However, increasing business confidence in...
Danish headline inflation undershoots expectations in December
Jan 10, 2017 11:22 am UTC| Commentary
Denmarks inflation accelerated in December, but it undershot consensus expectations. Consumer price inflation in the nation rose 0.5 percent, as compared with Novembers rise of 0.4 percent. Market expectations were for a...

Sniffing a Peg Break Series: Koruna- Euro peg likely to break soon
Jan 10, 2017 11:19 am UTC| Commentary Central Banks
According to talks and rumors in the market, the Czech Central Bank, which has kept the Czech Koruna (CZK) pegged with the Euro since 2013 at 27 per euro could soon break away from this monetary policy regime. In an...

Jan 10, 2017 11:01 am UTC| Commentary
After all the uncertainty about Trumps future plans for the economy is still high at present so that some doubts about the Trumpflation story are justified. The markets have been squarely focussed since the election on...
FxWirePro: Fading winter changes natural gas outlook in medium term
Jan 10, 2017 10:42 am UTC| Commentary
We at FxWirePro recommended going long in natural gas at $2.6 per MMBtu with targets around $3.1, $3.7, $4.3 and $5.2 per MMBtu based on the supply/demand fundamentals. While natural gas has reached targets around $3.1 and...
UK gilts sag on higher risk appetite; 10-year auction, BoE Carney’s speech in focus
Jan 10, 2017 10:28 am UTC| Commentary
The UK gilts slumped Tuesday as investors moved away from safe-haven buying amid gains in riskier assets including crude oil and equities, with the benchmark FTSE 100 index touching yet another record-high amid losses in...
Fed Hike Aftermath Series: Balance sheet reduction likely to be tabled this year
Jan 10, 2017 10:06 am UTC| Commentary Central Banks
While the Federal Reserve policymakers have forecasted three rate hikes this year in the December meeting and discussed on that in their individual speeches, a little or no attention has been paid to the $4 trillion...