February’s soft inflation readings to make way for RBI to cut rates in April
Mar 15, 2016 06:40 am UTC| Commentary
Indias WPI and CPI inflation numbers for February came below expectations. CPI inflation decelerated to 5.2% y/y in February from Januarys 5.7%, mainly due to weaker food prices, whereas core inflation accelerated....
FxWirePro: Pound could gain towards 1.5 on weaker Dollar
Mar 15, 2016 06:16 am UTC| Commentary
We expect, Pound to gain further ground in the short term and that to happen against popular expectations of further drop in cable, mainly due to Brexit fear. So far it is quite evident, It is everyones guess or...
Mar 15, 2016 06:09 am UTC| Commentary Central Banks
The Reserve Bank of Australias March Board meeting minutes provided very little new guidance. The minutes revealed the themes discussed, which were very similar to the post-meeting press release below trend domestic...

BoJ keeps monetary policy unchanged, likely to cut rates further in April, October
Mar 15, 2016 05:17 am UTC| Commentary
BoJ, as expected, maintained its base target and interest rate. It also made it clear that money reserve funds will be exempt from negative rates and will be added to the macro add on balance, which has negative rates. The...

Asian markets in red ahead of BOJ’s monetary policy statement, Gold dips
Mar 15, 2016 02:47 am UTC| Commentary
The main event for the Asian session is the BOJs monetary policy statement. All the Asian markets are trading broadly lower on Tuesday. In addition, Japanese Yen gains against US dollar ahead of BOJ. USD/JPY remains well...
Gold little changed near last 2-week low ahead of Boj, Fed meetings
Mar 15, 2016 01:48 am UTC| Commentary
Spot gold remainedflat at 1,234.90 an ounce by 0040 GMT while U.S. gold lost 0.7 percent to $1,236 an ounce. Spot gold dropped on Monday to $1,228.9, lowest since March 2. Market expects the Bank of Japan to hold policy...
Copper edges down as dollar picks up ahead of Fed
Mar 15, 2016 01:40 am UTC| Commentary
Three-month copper on the London Metal Exchange had slipped 0.2 percent to $4,937 a tonne by 0106 GMT, extending 0.5-percent losses from the previous session. Prices have repeatedly failed to break above the 200-day...