FxWirePro: Keep riding the gas (fundamental review)
Oct 20, 2016 09:32 am UTC| Commentary
In our previous article, available here, http://www.econotimes.com/FxWirePro-Keep-riding-the-gas-call-review-354108# , we reviewed our long call in the natural gas and suggested that our readers should keep riding the...
India’s real GDP growth likely to rise to near 8 pct y/y in 2018, says Scotiabank
Oct 20, 2016 08:46 am UTC| Commentary
Indian economic growth is likely to outperform other global major economies. The economic momentum is likely to be stimulated by domestic demand, which is responding to supportive policymaking and structural reforms, noted...
Central Bank of Turkey likely to lower interest rate; USD/TRY to trade around 3.20 by end 2016
Oct 20, 2016 08:37 am UTC| Commentary Central Banks
The Central Bank of Turkey (CBT) is expected to lower its overnight lending rate at the monetary policy meeting scheduled to be held today. However, it is likely to keep other policy parameters on hold. CBT is expected...
Indian bonds sell off as RBI remains muted on OMO
Oct 20, 2016 08:35 am UTC| Commentary
The Indian government bonds slumped Thursday as the Reserve Bank of India remained muted on open market operation (OMO). The yield on the benchmark 10-year bonds, which moves inversely to its price, rose 1-1/2 basis...
Euroarea consumer confidence index likely to have risen in October
Oct 20, 2016 08:32 am UTC| Commentary
Euro areas consumer confidence index is expected to have continued rising in October. In the previous month, the consumer sentiment index had edged up in September, as was anticipated, following three straight declines. As...
Briferendum Aftermath Series: Will parliament have a say in the exit?
Oct 20, 2016 08:29 am UTC| Commentary
Constitutional lawyers in the United Kingdom, as well as the policymakers, are debating on the role of the parliament in the Brexit negotiations that is set to begin before March next year. In a referendum on June 23rd,...
Strong retail sales likely to limit immediate downside risks to sterling
Oct 20, 2016 08:25 am UTC| Commentary Economy
Late September the sterling dropped sharply in a flash crash to 1.184 area, after French President Hollande spoke tough on negotiations. It has recovered since but continues to struggle. A better than expected job numbers...