Currency snapshot (major pairs)
Feb 26, 2016 13:02 pm UTC| Commentary
Dollar index trading at 97.39 (-0.05%). Strength meter (today so far) - Euro +0.01%, Franc -0.14%, Yen +0.20%, GBP +0.13% Strength meter (since last week) - Euro -0.92%, Franc -0.54%, Yen -0.31%, GBP -2.88% EUR/USD...
Equity bulls may find solace in US GDP numbers
Feb 26, 2016 12:36 pm UTC| Commentary
Today second estimate of US fourth quarter GDP will be released at 13:30 GMT. After first US rate hike by FOMC, growth and employment remains key stat to watch out for to gauge further monetary policy moves. If growth...
US personal consumption expenditure preview
Feb 26, 2016 12:32 pm UTC| Commentary
Personal consumption, income data along with PCE price index would be released from US at 15:00 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend...
Sluggish credit growth defends ECB's action for further easing and even more negative interest rates
Feb 26, 2016 11:11 am UTC| Commentary Central Banks
Euro-zone Monetary Indicators released on Thursday showed that bank lending in the Euro area was not much different compared to the earlier months: growth was positive but still weak. Data showed that euro-zone broad money...
Eurozone sentiment sours amid turmoil
Feb 26, 2016 11:06 am UTC| Commentary Economy
Since European Central Bank (ECB) disappointed in December, sentiment started deteriorating in Euro zone. New Year turmoil across global stock market increased the tempo of deterioration. European Central Bank (ECB)...
Deflationary pressure clouds Japan, Germany as well
Feb 26, 2016 10:26 am UTC| Commentary
Haruhiko Kuroda and Mario Draghi...birds of same trouble Deflationary pressure just refusing to move on from their respective economy. Data released overnight showed Japanese economy, despite 80 trillion per annum bond...
Germany’s February flash HICP inflation likely slowed on weak energy prices
Feb 26, 2016 09:34 am UTC| Commentary Economy
Germanys February flash HICP inflation is likely to be lower at 0.0% y/y, as compared with Januarys 0.4% y/y. The slowdown in the headline is expected to be due to continuous weakness in energy prices. In February, it is...
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