CBRT lowers overnight lending rate by 50bps, likely to continue cutting rates in near-term
Apr 20, 2016 12:34 pm UTC| Commentary
Today, the Turkish central bank lowered the overnight lending rate by 50bps, on par with the consensus expectations. The CBTs meeting today was the first one under the new governor. The central banks move of narrowing the...

Apr 20, 2016 12:32 pm UTC| Commentary
Equities are all mixed in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500...
Chinese economy to slow further in 2016 and 2017, USD/CNY likely to reach 6.75 by end -2016
Apr 20, 2016 12:24 pm UTC| Commentary
In the first quarter of 2016, Chinas economic growth slowed to 6.7% y/y from Q4 2015s 6.8% in spite of the rally in property market and a proactive policy easing. Chinas economic growth rate dropped to 1.1% on a quarterly...
Czech Republic’s inflation unlikely to reach target before early 2017
Apr 20, 2016 12:22 pm UTC| Commentary
Czech Republics economic growth accelerated substantially and was mainly fuelled by the manufacturing sector. Nevertheless, the economys most of the sectors indicate a positive trend. Czech is witnessing growth in...
Russian 10-year bonds yield inches down on weak unemployment figure
Apr 20, 2016 12:19 pm UTC| Commentary
The Russian 10-year bonds yield plunged on Wednesday, as investors pour into safe-haven assets amid deepening economic growth fears after reading weak unemployment figure. The yield on the benchmark 10-year bonds, which...

Commodities snapshot (precious & industrial)
Apr 20, 2016 12:19 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold Gold is down, despite weaker Dollar as equities remain well bid. Todays range $125-1245 Gold is currently trading at...

Apr 20, 2016 12:09 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is again trading in green today, however, $43 likely to pose as tough resistance. Todays range...