Stronger ADP employment report may fail to boost to Dollar much

Mar 30, 2016 11:01 am UTC| Commentary

ADP employment data to be released at 13:15 GMT is todays most vital dockets from US to be watched by market participants. This report is of a time when dust of volatility has somewhat settled and economic dockets remained...

API reports surplus, while WTI awaits EIA report – new call added

Mar 30, 2016 10:59 am UTC| Commentary

WTI is struggling since it reached our forecasted target area around $41-42/barrel. Currently it is trading at $39/barrel. Key factors at play in Crude market OPEC and non-OPEC members will be meeting on April...

Italy pays record-low yields on 5-10 year bonds auction

Mar 30, 2016 10:58 am UTC| Commentary

Italy paid record-low yields to sell 5-10 year debt on Wednesday at the first auction of these maturities held after the European Central Bank cut interest rates and expanded its stimulus measures this month. The...

Euro area inflation unlikely to return to positive territory before June

Mar 30, 2016 10:45 am UTC| Commentary

Weakness in energy prices is expected to keep euro areas HICP inflation in negative territory in March. According to Societe General, flash euro areas HICP inflation is expected to remain -0.2%. However, energy prices have...

Sweden’s economic growth likely to moderate in near term

Mar 30, 2016 10:25 am UTC| Commentary

Throughout 2015, Swedens GDP growth expanded. The economy grew 1.3% q/q and 4.5% y/y in Q4. The strong growth is mainly because of solid domestic demand that contributed over one percentage point to overall consecutive GDP...

U.S. Treasury climbs on Fed interest rate caution

Mar 30, 2016 10:24 am UTC| Commentary

The U.S. sovereign bonds price rallied on Wednesday, pushing the yield on the benchmark 10-year Treasury note to a 1-month low, as investors cheered Federal Reserve Chairwoman Janet Yellens cautious stance in raising...

Euro zone sentiment sours despite being captured before Brussels attack

Mar 30, 2016 09:51 am UTC| Commentary Economy

Euro Zone sentiment report showed confidence tilted despite additional stimulus from European Central Bank. Moreover the data were collected before recent terror attack on Brussels. Economic slowdown and fear among...