Eurozone interest rates remain low on ECB’s interference in financial markets
May 18, 2016 11:09 am UTC| Commentary
The Eurozone interest rates remain low on account of the European Central Bank holding market grips by setting policy rates or by buying assets on financial markets. However, the market steers not only on the ECBs...
UK retail sales ex auto likely recovered marginally in April
May 18, 2016 11:05 am UTC| Commentary
In March, UKs retail sales, excluding auto fuels, declined 1.6% m/m. Time changing timing of Easter and the weather during that weekend is usually noted as the element disturbing the trend. In 2016, the Easter period...
Malaysia central bank likely to stand pat tomorrow
May 18, 2016 10:51 am UTC| Commentary
The Malaysian central bank is likely to keep its overnight policy rate unchanged at 3.25% tomorrow as it believes that the economy continues to be on track to grow 4%-4.5% this year, stated Scotiabank in a research report....
What to watch out in today’s FOMC minutes
May 18, 2016 10:31 am UTC| Commentary Central Banks
Today, Federal Reserve Open Market Committee (FOMC) will release minutes of its April meeting, which is the biggest event risks for Dollar based pairs. Todays minutes is of particular interest to have a feel, which camp...
Guide to today’s important data and events
May 18, 2016 10:16 am UTC| Commentary
Not many economic dockets scheduled for today but many with high volatility risks associated. Data released so far Australia Westpac leading index declined -0.2%. Wage growth in quarter 1 rose 0.4%, up...
UK jobless rate unchanged at 5.1 pct
May 18, 2016 10:11 am UTC| Commentary
The UK labor market continued with its recent trends, seen from the figures for January to March 2016 period. UKs jobless rate remained at 5.1% for the fifth consecutive month, on par with expectations. At this level...
US April industrial production ticks up on surge in utility output
May 18, 2016 10:05 am UTC| Commentary
The United States April industrial production, ticked higher, though still in red on surge in utility output and as demand levels for electricity and natural gas rose more-than-normal. US April factory output expanded...
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