Sweden’s February inflation remains above Riksbank’s forecast

Mar 15, 2016 09:54 am UTC| Commentary

Swedens CPIF, stripping energy, reached 1.5% y/y and 0.2% m/m in February, more than Riksbanks forecast. Inflation in Sweden is thus showing life. Along with this, the trade-weighted exchange rate that is close to the...

Norges Bank to revise down rate path significantly and cut rates

Mar 15, 2016 09:52 am UTC| Commentary Central Banks

This week Norges Bank will publish its rate decision and a new rate path. The market forecasts a higher possibility of the central bank lower rates to 0.5% from 0.75%. The rate path of central bank from December held more...

FxWirePro: Gold correction may extend towards $1200, bulls still intact

Mar 15, 2016 09:16 am UTC| Commentary

Recent rally in equities and attractive easing package from European Central bank suggesting that investors may reduce their purchase of gold and the yellow metal may correct further, which has fallen more than $50 from...

US February industrial production likely declined, mining remains weak

Mar 15, 2016 08:45 am UTC| Commentary

US industrial production is expected to have declined by 0.3% in February after growing strongly by 0.9% in January. Manufacturing output is expected to have remained flat in the month. But despite this, the headline...

Why ECB corporate bond purchase will be more challenging than you think

Mar 15, 2016 08:03 am UTC| Commentary Central Banks

Biggest announcement that has been rocking the market and acting as bullish for European equities is European Central Banks (ECB) inclusion of corporate bonds in its purchase program. Yields are dropping across the...

China Crisis Series

Growth stabilization main priority for China in 2016

Mar 15, 2016 07:41 am UTC| Commentary

China is faced with several policy challenges, such as economic rebalancing, growth stabilisation and containing financial risks. Amongst these, growth stabilization is likely to be the main priority in 2016. During the...

US February retail sales likely weakened from January

Mar 15, 2016 07:40 am UTC| Commentary

US retail sales have been strong lately, but markets project Februarys retail sales to soften slightly. According to consensus, headline sales are likely to fall 0.2% from January. Considering the 7.5% decline in gasoline...