RBA rate hike possible as AUD appreciates significantly since mid-January
Apr 04, 2016 12:56 pm UTC| Commentary
The Australian dollar came under pressure today morning after Australia recorded weak retail data. This is expected to reflect concerns regarding the rate decision, according to Commerzbank. Several players in the market...
US trade deficit likely widened in February
Apr 04, 2016 12:40 pm UTC| Commentary
US goods trades advance report for February indicated that goods deficit widened around USD 636 million, according to Societe Generale. After adjusting for certain differences between final reports and the advance, the...
Latest Commitment of Traders positions (Equities and Bonds) as at March 29th, 2016
Apr 04, 2016 12:23 pm UTC| Commentary
CFTC commitment of traders report was released on Friday (1st April) and cover positions up to Tuesday (29th March). COT report is not a complete presenter of entire market positions, however it represents a good chunk of...
Euro area services PMI likely edged up on flash estimate in March
Apr 04, 2016 12:18 pm UTC| Commentary
Euro areas flash PMIs rebounded strongly in March, indicating that worries regarding global market volatility and global economy have recently alleviated considerably. The currency blocs services figures surprised on the...
South Korea’s annual inflation to remain at 1% in Q2, to rebound only from September
Apr 04, 2016 12:13 pm UTC| Commentary
Inflation in South Korea continues to be weak despite oil prices recent recovery. In March, headline CPI reached 1%, as compared with 1.3% in February and below consensus expectations. Food price inflation decelerated to...
All you need to know to start with Panama leak
Apr 04, 2016 11:46 am UTC| Commentary Politics Law
Panama Leak is being considered as the biggest leak of secretive documents ever, which saw prominent people from politics, sports, and businessmen set up companies offshore basically to hide their wealth and possibly evade...
Chile’s economy likely bounced back in February but near term outlook remains weak
Apr 04, 2016 11:40 am UTC| Commentary
Chiles economy expanded just 0.5% y/y in January, smallest growth in 17 months. The slowdown was mainly due to contractions in manufacturing and mining that were partially countered by growth in service activities. For...