Guide to today’s important data and events
Apr 19, 2016 05:15 am UTC| Commentary
Not many economic dockets scheduled for today but some with high risks associated. Upcoming: Euro Zone Current account balance for February will be released at 8:00 GMT, followed by construction output at 9:00...
Asian markets rally on the back of higher oil prices, gold hovers around $1230
Apr 19, 2016 03:46 am UTC| Commentary
Asian markets start the day sharply higher after oil futures rebounded overnight. In addition a positive close on Wall Street overnight also helped shares in Asia on Tuesday morning. The USD/JPY was trading 0.28% higher...

G-20 reaffirms previous exchange rate commitments, warns against reliance on low interest rates
Apr 18, 2016 15:54 pm UTC| Commentary Economy
The G-20 countries reaffirmed their previous exchange rate commitments, including that they will refrain from competitive devaluations and they will not target their exchange rates for competitive purposes. The worlds top...

Upbeat inflation data pushes back RBNZ rate cut expectations
Apr 18, 2016 15:37 pm UTC| Commentary Central Banks
Statistics New Zealand data released on Monday showed that NZ consumer price index had risen 0.2 percent in the first quarter, higher than the 0.1 percent expected by analysts. Year on year came in line with expectations...
Hungarian Central bank to review its IRS programme, may wind down current QE
Apr 18, 2016 15:11 pm UTC| Commentary
In a surprising development, MNB deputy governor Marton Nagy has announced that the CB will review its 3-, 5- and 10-year interest rate swap tenders in coming months. The overhaul of the Hungarian central banks monetary...
US Industrial Production extends steady decline in March, pick up anticipated shortly
Apr 18, 2016 14:06 pm UTC| Commentary
Industrial output declined 0.6 per cent in March after dropping 0.6-per-cent drop in February, the Federal Reserve said on Friday. Industrial production has fallen in six of the last seven months. Economists had forecast...
U-Mich inflation expectations index disappoints in April, puts the case for Fed hikes on hold
Apr 18, 2016 13:42 pm UTC| Commentary
US citizens long term inflation expectations as determined in the poll by the University of Michigan registered a surprise drop in April. Data released last Friday showed that the highly influential University of Michigan...