Norway’s investment spending outlook continues to be weak
May 18, 2016 12:54 pm UTC| Commentary
The Norwegian economy unexpectedly posted strong growth of 1% q/q seasonally adjusted in the first quarter of 2016. However, the growth was mainly because of government expenditure and the oil and gas sector. The renewed...
May 18, 2016 12:53 pm UTC| Commentary
Despite the strong dynamics in Brent crude, staggering close to the USD50/bbl mark, upside risks for DXY and the asymmetric reaction to a re-pricing of Fed hikes could weigh on the ongoing recovery. In that scenario,...
May 18, 2016 12:45 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is marginally down going into FOMC minutes. Todays range $48.6 -48 WTI is currently trading...
May 18, 2016 12:35 pm UTC| Commentary
Polands industrial output is expected to have expanded last month, said Societe Generale in a research note. In March, Polands industrial output had grown 0.5% in March, mainly due to 5.2% y/y growth in manufacturing and...
Commodities snapshot (precious & industrial)
May 18, 2016 12:33 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold Gold is down over stronger Dollar, best performer today. Todays range $1270-1282 Gold is currently trading at...
U.S. government bonds slide on Fed rate hike expectations
May 18, 2016 12:30 pm UTC| Commentary
The U.S. government bonds continue to trade lower on Wednesday after reading strong April consumer price index and hawkish comments from Federal Reserve officials. The yield on the benchmark 10-year Treasury note which...
Indian Rupee likely to depreciate on Fed rate hike expectations
May 18, 2016 12:25 pm UTC| Commentary
The INR is expected to depreciate further after hawkish comments made by the Federal Reserve members. The value of rupee has depreciated to 0.17% and is likely to see further depreciation in the coming months, where it is...
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