China to continue keeping exchange rate stable at adaptable and equilibrium level
Mar 22, 2016 06:08 am UTC| Commentary Economy
On Monday, Premier Li Keqiang told IMF Managing Director Christine Lagarde that China does not intend to stimulate exports by devaluating the yuan and will continue to keep the exchange rate basically stable at an...
Chile’s economy to perform weakly in coming quarters, but conditions likely to improve slightly
Mar 22, 2016 05:42 am UTC| Commentary
Chiles domestic economic activity continued to be impacted by the global economic slowdown and the decline in copper prices, which is the countrys main export product. Chiles economy expanded 0.1% on a sequential basis in...
Guide to today’s important data and events
Mar 22, 2016 05:37 am UTC| Commentary
Lot of economic dockets scheduled for today, few with high risks associated. Data released so far Australia House prices rose by 0.2% in fourth quarter, up 8.7% from a year ago. Japan Nikkei manufacturing PMI...

FxWirePro: Aussie spikes on RBA Stevens speech, AUD/JPY up 20 pips to hit session highs at 85.29
Mar 22, 2016 05:31 am UTC| Commentary Technicals
RBAs Glenn Stevens, speaking at the ASIC Annual Forum in Sydney, said theres more room to ease policy than most should a serious downturn occur. Stevens said that Australias economy improving, financial system more...
US existing home sales activity to rebound at moderate rate in near term
Mar 22, 2016 05:02 am UTC| Commentary
Existing home sales in the US fell in February by 7.1% m/m to 5.08 million units (annualized) after growing strongly for two consecutive months. The fall in existing home sales was stronger than consensus forecast of a...
Japan’s Nikkei rally after a three-day holidays, Gold steady above $1240
Mar 22, 2016 03:15 am UTC| Commentary
All the Asian markets are trading on a mix note on Tuesday. Japanese markets began the week on a high note after Japan enjoyed a three-day weekend. In addition, Gold fails to fall below $1240 and trading around $1245...
UK CPI inflation in February likely to see another modest rise
Mar 21, 2016 16:38 pm UTC| Commentary
UK inflation and retail sales will be the key releases in focus in the week ahead. Office for National Statistics data showed that UK headline inflation ticked up in January to 0.3 per cent year on year, the fastest rise...