Czech National bank to introduce negative interest rates?
Mar 14, 2016 10:22 am UTC| Commentary Central Banks
The EUR-CZK pair has been rising in recent weeks after remaining stable at close to its 27.00 floor for four months. This indicates that the market believes the central bank will have to break its policy status quo in the...
Polish central bank likely to lower rates by Q3, lowers inflation outlook for 2016, 2017
Mar 14, 2016 09:51 am UTC| Commentary Central Banks
Polands central bank, during its meeting on Friday, kept its policy unchanged and hinted a likely reduction in rate if there is excessive capital inflow from euro area. The central bank cut its inflation forecasts as...
Contango diminishes in oil amid hedging
Mar 14, 2016 09:43 am UTC| Commentary
Oil curve is flattening as spot rises more than future. Oil market has been in a contango for several quarters now, which led to producers hedging their future production along the curve, which largely improved their...
Bank of Japan unlikely to make changes to monetary policy tomorrow
Mar 14, 2016 09:42 am UTC| Commentary Central Banks
The Bank of Japan is unlikely to make any changes to its monetary policy. The central bank is expected to keep its promise of raising the monetary base by JPY 80 trillion on an annual basis and to apply negative rate of...
Dollar might find support, if 10 year break-even inflation crosses 1.6%
Mar 14, 2016 08:08 am UTC| Commentary Technicals
Dollar could find some support if US break even inflation for 10 year, crossed key resistance around 1.6%. Dollar in recent days have shown significant weakness, despite FED being the most hawkish central bank among its...
US retail sales likely slowed in February on gasoline prices
Mar 14, 2016 08:08 am UTC| Commentary
In January, the portion of retail sales that feeds into consumption in GDP accounts had recovered sharply, alleviating worries regarding the slowdown in consumer demand in Q4. Even though retails sales data for February is...
Mar 14, 2016 07:47 am UTC| Commentary Economy
Chinas activity data for January and February were mixed. However, it indicated signs of growth stabilization and a more rapid rebound than expected in certain pockets of economy. Chinas property market rebounded in the...