Most Asian market turns positive, Gold supported above $1230
Mar 30, 2016 04:06 am UTC| Commentary
Major Asian markets are trading higher on Wednesday. Yellen kept her cautious approach regarding the monetary tightening pace, despite a faster-than-expected rise in certain inflation indices closely monitored by the Fed,...
Guide to today’s important data and events
Mar 30, 2016 04:05 am UTC| Commentary
Not many economic dockets scheduled for today, and all with low to medium risks associated. Upcoming Switzerland UBS consumption indicator for February will be released at 6:00 GMT, followed by KOF...
Japan's Industrial Production likely to see larger than expected fall in Feb
Mar 29, 2016 15:55 pm UTC| Commentary
Japans Industrial Production data for February is due 30 March and is expected to see larger than expected fall. METI revised the projection for February Industrial Production to -5.20% m/m from -4.10% m/m. Transport...
China PMIs in focus amid heightened concerns of a slowdown
Mar 29, 2016 15:49 pm UTC| Commentary
Chinas purchasing managers indices are scheduled to be released on Friday, 1st April and will be closely watched for a sense of how its economy is performing amid heightened concerns of a slowdown. Research Team at BNP...
A strong US jobs report will almost certainly increase expectations of a Q2 policy tightening
Mar 29, 2016 14:18 pm UTC| Commentary
March non-farm payrolls will be the key release this week (Fri), and the ADP survey on Wednesday is the only advance hint on the numbers. The US dollars new-found momentum is set for test as markets await US jobs data, any...
US data starts the week on a soft note
Mar 29, 2016 14:03 pm UTC| Commentary
Data released on Monday showed that U.S. core PCE deflator (Feb), the Feds preferred measure of inflation inched up 0.1%, below expectations for a gain of 0.2% and after rising 0.3% in Jan. The core PCE price index rose at...

Currency snapshot (commodity pairs)
Mar 29, 2016 13:41 pm UTC| Commentary
Dollar index trading at 95.86 (-0.08%) Strength meter (today so far) Aussie -0.29%, Kiwi +0.25%, Loonie -0.01% Strength meter (since last week) Aussie +0.41%, Kiwi +1.11%, Loonie +0.45% AUD/USD Trading at...