European bonds rise modestly as investors await FOMC decision
Apr 27, 2016 09:45 am UTC| Commentary
The European bonds were trading modestly firmer on Wednesday as investors await for Federal Reserves monetary policy meeting and Federal Reserve Chair Janet Yellens speech in an attempt to estimate the Feds likely next...
Slow growth momentum to hamper absorption of UK economy’s spare capacity in near term
Apr 27, 2016 09:27 am UTC| Commentary
UKs GDP slowed in the first quarter of 2016, expanding 0.4% q/q. It was on par with consensus forecast. On year-on-year terms, the economic growth remained unchanged from Q4 2015s at 2.1% y/y. Meanwhile, services sector...
German bunds rally ahead of FOMC meeting
Apr 27, 2016 09:14 am UTC| Commentary Central Banks
The German bunds rallied on Wednesday as investors await for Federal Reserves monetary policy meeting and Federal Reserve Chair Janet Yellens speech in an attempt to estimate the Feds likely next step to raise interest...
Singapore’s manufacturing sector performs better than expected on strong pharmaceuticals
Apr 27, 2016 09:08 am UTC| Commentary
Singapores headline industrial production data indicated that the overall manufacturing fell only 0.5% y/y in March, better than consensus forecast of a drop of 2%. However, excluding biomedical cluster, production shrank...
US economy likely slowed in Q1, GDP seen to rebound in Q2 to 3.1 pct
Apr 27, 2016 08:50 am UTC| Commentary
US economy likely decelerated in the first quarter of 2016, given the weak consumption data along with the soft inventories and exports data, according to Societe Generale. The US economy is expected to have grown just...
FxWirePro short term outlook: Euro downside risk-reward attractive against Dollar
Apr 27, 2016 08:49 am UTC| Commentary
There is quite a good chance that FOMC policy announcement would be more hawkish than market is pricing. As of now, market is pricing just 2% probability that rates will rise by 25 basis points but current market and...

USD OTC markets in long run seem to have factored in Fed’s forward guidance
Apr 27, 2016 08:22 am UTC| Commentary Central Banks
Feds Forward Guidance: Those looking for explicit guidance from the Fed on the timing of its next move may be disappointed. That said, its clear the Fed is conscious of the negative feedback loop that would result from a...