Czech Republic posts smallest current account surplus this year in May, dividend outflow drags
Jul 14, 2016 14:14 pm UTC| Commentary
Czech Republic current account data released earlier on Thursday showed the smallest surplus so far this year in May (about 1 billion EUR). Outflow of dividends that reached 17 billion CZK (about 0.6 billion EUR) is likely...
Bank of Korea holds rates, maintains easing bias
Jul 14, 2016 13:51 pm UTC| Commentary
The Bank of Korea (BOK) kept its policy rates unchanged at 1.25 percent at Thursdays policy meet, in line with market expectations. The central bank lowered 2016 GDP forecast by 0.1 percent point to 2.7 percent, and...
Australian labour market remains on a steady course
Jul 14, 2016 13:39 pm UTC| Commentary
Data released earlier on Thursday showed that Australias labour market added 7.9k jobs in June, following a revised 19.2k increase in May. Jobs numbers for June were close to expectations. The unemployment rate edged up...
Commodities snapshot (precious & industrial)
Jul 14, 2016 13:06 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is worst performer of the week as equities rise. Todays range $1320-1347 We expect gold to reach $1520 Gold is...
Japanese yen may continue to appreciate against USD unless BoJ takes effective measures
Jul 14, 2016 13:03 pm UTC| Commentary Central Banks
At present, the foreign exchange market is uncertain if the Bank of Japan is willing and capable of effectively loosening its monetary policy in a notable manner, noted Commerzbank in a research report. Unless the Japanese...
Jul 14, 2016 12:58 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is trying to recover ground after sharp drop yesterday. Active call WTI is likely to drop towards $35 area....
Currency snapshot (commodity pairs)
Jul 14, 2016 12:47 pm UTC| Commentary
Dollar index trading at 95.91 (-0.37%) Strength meter (today so far) Aussie +0.55%, Kiwi -0.92%, Loonie +0.28% Strength meter (since last week) Aussie +0.95%, Kiwi -1.38%, Loonie +0.80% AUD/USD Trading at...
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