Asian markets turn negative, Gold hovers around key resistance at $1237
Apr 26, 2016 03:59 am UTC| Commentary
All the major Asian indices are trading on a lower note on Tuesday. On the other side, Japanese Yen breaks 111.00 and trading around 110.92 levels. Gold fails to break key resistance at $1242 and currently trading around...
Underlying trend in US labour market remains very strong
Apr 25, 2016 15:33 pm UTC| Commentary
Monthly payrolls growth remains well above 200 000 and the unemployment rate is hovering around the Feds full employment rate target.The number of Americans filing for unemployment benefits unexpectedly fell last week,...
German business climate weakens slightly in April, adds to signs of weak growth in Q2
Apr 25, 2016 15:03 pm UTC| Commentary
German business confidence fell unexpectedly in April adding to the signs that Europes largest economy is losing some of its pace. Data released earlier today showed that German Business Expectations, Current Assessment...
U.S. Conference Board Consumer Confidence Index likely to slip slightly in April
Apr 25, 2016 14:22 pm UTC| Commentary
US Conference Board Consumer Confidence Index is scheduled for release on 26th April at 4:00 GMT. After beating expectations in March, the index is likely to register a reading of 95.8 in April compared to 96.2 in the...
US economy probably lost momentum in the first quarter of 2016
Apr 25, 2016 13:59 pm UTC| Commentary
US advance GDP data for Q1 is scheduled for release on 28th Thursday and expectations are that the US economy probably lost momentum in the first quarter of 2016. Weakness has been seen in several sectors, led by trade but...
Imported disinflation from the Eurozone likely to keep price developments in CEE depressed
Apr 25, 2016 13:34 pm UTC| Commentary
Large swings in energy prices over the last 1-2 years have affected headline inflation data in the CEE region. However, core inflation figures are much more stable than the headline data, and have remained quite low. Hence...

Currency snapshot (commodity pairs)
Apr 25, 2016 13:27 pm UTC| Commentary
Dollar index trading at 94.83 (-0.21%) Strength meter (today so far) Aussie +0.21%, Kiwi +0.15%, Loonie -0.17% Strength meter (since last week) Aussie +0.21%, Kiwi +0.15%, Loonie -0.17% AUD/USD Trading at...