Fundamentals to watch out for this week
Feb 29, 2016 06:17 am UTC| Commentary
Compared to last two weeks heavy risky events such as US GDP, talks relating to Brexit, FOMC minutes, this week has even more riskier, simply because it has one major event surrounding China, that everybody will have their...
US economy unlikely to enter deflationary period, Fed likely to hike rates two more times in 2016
Feb 29, 2016 05:54 am UTC| Commentary Central Banks
The stronger consumer spending and income report for January is very re-assuring for the US economy. Consumer spending recorded a moderate growth during the end of 2015 and is off to the races in 2016 with real consumption...
Feb 29, 2016 05:13 am UTC| Commentary
Brazil eliminated 99,964 jobs in January 2016, as compared with 81,774 in January 2015. The total number of jobs eliminated, in seasonally adjusted terms, was 129,235, as compared with 154k in December and an average of...
Guide to today’s important data and events
Feb 29, 2016 05:08 am UTC| Commentary
Lot of economic dockets scheduled for today and largely all with low to medium risks associated. Data released so far Australia - TD securities inflation dropped -0.2% in February, up 2.1% from a year ago. Company...
Major Asian markets higher, Gold back above $1220 mark
Feb 29, 2016 03:29 am UTC| Commentary
Asian markets are trading on a mix note on the start of a new week. In addition Gold fails to break key support level at $1212 and supported above $1220 levels. Japanese yen is consolidating below 114.87 levels. Today...
Rise in Norway's registered unemployment will not hinder Norges Bank rate cut in March
Feb 26, 2016 16:38 pm UTC| Commentary
Registered unemployment is one of Norges Bank favorite measure for the output gap. As long as registered unemployment is increasing in line with Norges Banks forecast, the signs of weaker than expected growth through 2015...
Softness in Taiwan’s manufacturing to persist
Feb 26, 2016 16:11 pm UTC| Commentary
Data released earlier in the day showed that Taiwans Industrial production fell 5.7% y/y in January (Dec: -5.9%; Nov: -4.8%; Oct: -6.3%), better than consensus (-6.1%). On a m/m basis, industrial production extended the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects