Canada’s inflation continues to be benign, stimulative monetary policy stance remains warranted
May 23, 2016 04:59 am UTC| Commentary
Inflation in Canada accelerated in April to 1.7% y/y from Marchs print of 1.3%. The Canadian central banks core inflation gauge that strips eight most volatile items rose 2.2% y/y, as compared with the 2.1% y/y pace seen...
Fundamentals to watch out for this week
May 23, 2016 04:59 am UTC| Commentary
This week is relatively risk heavy with data and events. Focus is on Janet Yellen speech. What to watch for over the coming days: Flash PMI reading from Europe Market will closely watch out for PMI reports...
US May non-farm payrolls likely to rise on Verizon labor strike
May 23, 2016 04:49 am UTC| Commentary
The United States non-farm payrolls is expected to rise following the labor strike at Verizon, over the low wages paid to workers and the power and domination imposed upon them. The strike began on April 13 and remains...
Guide to today’s important data and events
May 23, 2016 03:58 am UTC| Commentary
Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far Japan Nikkei manufacturing PMI weakened to 47.6 for May. Upcoming ...
Asian markets mix after G7 meetings, Gold steady above $1250
May 23, 2016 03:40 am UTC| Commentary
All the major Asian indices are trading on a mix note on the start of a new week. Today Japan released trade balance data with positive numbers and USD/JPY remains well supported below 110.00 marks. On the other side, Gold...
Commodities snapshot (precious & industrial)
May 20, 2016 16:02 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold Gold is down over stronger Dollar, on hawkish FED members and Minutes. Todays range $1248-1260 Gold is currently...
Euro area quarterly GDP growth likely to moderate to 0.3% Q/Q in Q2
May 20, 2016 15:53 pm UTC| Commentary
The Euro Area GDP growth for the first quarter came in at 0.5%, marginally short of economists consensus estimates of 0.6% q/q. Annual growth was 1.5%, slightly below expectations of 1.5%. Earlier this month, European...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects