Nov 21, 2016 16:21 pm UTC| Commentary
Nicolas Sarkozy crashes out of French Right-wing primaries as Thatcherite François Fillon emerges as a surprise victor in the first round of the Republican primary. Francoise Fillon won the vote by 16 percentage...
Hungary's growth to remain subdued relative to peers, 2016 real GDP likely at 2.1 pct - Fitch
Nov 21, 2016 16:03 pm UTC| Economy Commentary
Fitch Ratings Agency on Friday affirmed Hungarys Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at BBB- with a Stable Outlook. The issue ratings on Hungarys senior unsecured foreign and local currency...
Fed’s November minutes likely to solidify December rate hike expectations
Nov 21, 2016 15:20 pm UTC| Commentary
The minutes of the November Federal Open Market Committee (FOMC) meeting in which the Fed left rates unchanged will be released on Wednesday this week. At the meeting, Fed said that the case for higher rates continued to...
CBOE Crude Oil Volatility Index hits highest since April as OPEC meeting draws closer
Nov 21, 2016 14:43 pm UTC| Commentary
Crude oil prices continue to be driven by headlines as we get closer to OPECs November 30 meeting draws closer. The CFTC report showed that wagers on higher and lower prices held by speculators and hedgers reached 1.47...
Surprise decline in UK manufacturing sentiment confirms gradual moderation to continue through 2016
Nov 21, 2016 14:40 pm UTC| Commentary
Data released on Tuesday showed that UK February headline manufacturing PMI surprised to the downside printing at 50.8, declining by 2.1pts, more than consensus expectations. PMI is now 0.9pts below its 7-year average and...
Canadian bonds gain on short covering, likely to fall on rebound in energy prices
Nov 21, 2016 12:45 pm UTC| Commentary
The Canadian government bonds gained Monday as investors cover last weeks short positions. We foresee that the bond prices will tumble intraday following a recovery in crude oil prices. The yield on the benchmark...
U.S. Government bonds narrowly mixed as investors focus on FOMC November meeting minutes
Nov 21, 2016 12:17 pm UTC| Commentary
The U.S. Treasuries saw mixed performance during a relatively quiet Monday session light on significant economic data. Also, investors now await the FOMC November meeting minutes, in an attempt to estimate the Feds most...