Commodities snapshot (energy)

Mar 16, 2016 12:44 pm UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI likely to move higher but unlikely to cross $42-45 area in this run. Todays range $37.1-36.6 WTI is...

Euro area’s Feb final HICP inflation likely confirmed flash estimate

Mar 16, 2016 12:43 pm UTC| Commentary

Euro areas final HICP inflation data for February is unlikely to give any surprises. It is expected to confirm the flash estimate of -0.2% y/y. The flash estimate had stated that all major components were lower. Energy...

BoE’s MPC likely to vote unanimously to keep policy unchanged

Mar 16, 2016 12:32 pm UTC| Commentary Central Banks

BoEs recent Inflation Report meeting had given the key opportunity every quarter to update its macro forecasts and also its policy message. This was a very dovish message. The projections are conditioned on the market OIS...

Commodities snapshot (precious & industrial)

Mar 16, 2016 12:25 pm UTC| Commentary

Metal pack is down on stronger Dollar today. Performance this week at a glance in chart table - Gold Gold is likely to gain further from here, consolidating around $1230-20 area. Todays range...

Currency snapshot (major pairs)

Mar 16, 2016 12:14 pm UTC| Commentary

Dollar index trading at 96.88 (+0.25%) Strength meter (today so far) Euro -0.19%, Franc -0.12%, Yen -0.33%, GBP -0.40% Strength meter (since last week) Euro -0.52%, Franc -0.89%, Yen +0.28%, GBP -1.87% EUR/USD...

Central Bank of Chile likely to keep rates unchanged on deteriorating growth outlook

Mar 16, 2016 12:07 pm UTC| Commentary Central Banks

Chiles central bank, in recent months, had adopted a wait-and-see strategy after its hawkish moves in Q4 2015. However, the recent statements by BCCh have been dovish, reflecting deteriorating domestic and global growth...

Swiss National Bank likely to keep policy rate unchanged

Mar 16, 2016 11:42 am UTC| Commentary

The Swiss National Bank (SNB) is expected to keep its policy on hold tomorrow. While the latest ECB move should pressurise the SNB to take measures, there has not been major fallout on currency. Lower growth and inflation...