Turkey’s central bank likely to ease policy in the next few months
Sep 12, 2016 22:07 pm UTC| Commentary
Turkeys central bank reduced its reserve requirement ratios on Tuesday last week to boost the liquidity in the financial system. The Turkish lira reserve requirement ratios were cut by 50 basis points for all maturity...
Russian central bank Governor squashes rate cut expectations
Sep 12, 2016 14:54 pm UTC| Commentary
Bank of Russias Governor Elvira Nabiullina sent out a somewhat hawkish signal ahead of widespread expectations for a policy rate cut this Friday. In an unscheduled speech minutes before quiet period, Bank of Russia...

Chart of the Day: Contrarian complacency
Sep 12, 2016 14:25 pm UTC| Commentary
This contrarian complacency chart, which is shared by zerohedge.com, shows the 25-day moving average of the number of issues unchanged in a trading day as a percentage of all issues. While a low number points to fear...
Denmark consumer prices remain flat in August
Sep 12, 2016 14:23 pm UTC| Commentary
Denmark statistics office data released on Monday showed that Denmarks EU-harmonised consumer price index (HICP) was unchanged in August after rising 0.1 percent in July. Expectations were for a 0.4 percent rise....
Turkish GDP growth eases more than expected in Q2, more deterioration likely
Sep 12, 2016 14:08 pm UTC| Commentary
Data released by the statistical office Turkstat on Friday showed that Turkey Q2 GDP growth significantly disappointed with GDP increasing by only 0.3 percent q/q, missing expectations for 0.5 percent and compared to 0.7...
OPEC warns on non-OPEC oversupply
Sep 12, 2016 13:42 pm UTC| Commentary
Organization of Petroleum Exporting Countries (OPEC) warned on Monday that the supply outside OPEC would rise into the next year and revised the groups forecast of the supply outside and if the cartel, whose production is...

Commodities snapshot (precious & industrial)
Sep 12, 2016 13:05 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is down despite risk aversion in the market. Todays range $1322-1330.5 We expect gold to reach $1520 Gold is currently...