Inflation expectations edges lower in Japan, according to a central bank survey
Aug 17, 2016 12:20 pm UTC| Commentary
Inflation expectations by households in Japan hit lowest since the Bank of Japan adopted its massive stimulus program in 2013, a quarterly central bank survey showed, keeping alive expectations of more monetary...
API reports deficit, while WTI awaits EIA report: call updated
Aug 17, 2016 12:10 pm UTC| Commentary
WTI has reversed its loss from $39 area and has moved against our call (which we changed revised before big move and was advised to close, still within the money), largely because words came out that OPEC members would...
US Fed likely to tighten monetary policy gradually
Aug 17, 2016 11:58 am UTC| Commentary
The US Federal Reserve has held off from raising interest rates further so far in 2016 after hiking in December 2015 for the first time in almost one decade. Broad-based economic growth has been weak despite stronger...
EUR/NOK likely to decline to 9.20 by 2016-end and to 8.90 by mid-2017
Aug 17, 2016 11:56 am UTC| Commentary
In recent weeks, crude oil prices have dropped steadily after reaching a year-to-day high in early June. The declining oil prices have been mainly responsible for the depreciation of the Norwegian krone. The NOK has...
German economic growth likely to rise on favorable domestic activity, says Bundesbank
Aug 17, 2016 11:35 am UTC| Commentary
German gross domestic product is expected to rise this year and the coming on favorable upswing seen in domestic activity and estimated potential increase in output which has been raised slightly as a result of the higher...
Long-dated gilt yields dive below short-dated ones at auction
Aug 17, 2016 11:28 am UTC| Commentary Central Banks
Long-dated government bond frenzy continues in the UK bond market and that has led to something you dont see every day. The demand is so high that investors bought 1.25 billion long-dated gilts at an average yield of 1.214...
Singapore June loan growth surprisingly remains on the downside, points to more risks ahead
Aug 17, 2016 11:25 am UTC| Commentary
Singapore loan growth during the month of June surprised on the downside, following some brief improvements over the past two months. Sharp drop in June 2016 loan growth pointed to more risks ahead. Singapores loan...