Growth becomes headache for ECB in addition to noflation

Feb 12, 2016 10:44 am UTC| Commentary Central Banks

Noflation alone, wont be dominating governing council meeting in March, when ECB members convene on 10th, especially after todays release of economic dockets. Germany, which is Euro Zones largest and most stable...

Gold touches twelve-month peak amid global financial turmoil

Feb 12, 2016 10:27 am UTC| Commentary

The gold price climbed higher by 5.5% to a twelve-month peak of $1,263 per troy ounce. However, it was unable to hold its ground as it declined $20 lower in the early morning session. Gold in euro terms advanced by 4.6% to...

India’s inflation likely to have remained flat in January

Feb 12, 2016 09:23 am UTC| Commentary

India has posted five consecutive increases in headline CPI till December 2015. January 2016s inflation is expected to be at the same level as in December 2015. We expect Indias headline CPI for January 2016 to print at...

Eurozone struggles to shrug off deflationary pressure

Feb 12, 2016 09:16 am UTC| Commentary Economy Central Banks

Newly released datasets, released today casts further doubts on current European Central Banks (ECB) monetary policy, not being enough to tackle deflation. European Central bank indicated that it would reviewing its...

Japan’s real GDP growth likely to have turned negative in Q4

Feb 12, 2016 09:09 am UTC| Commentary

In 2015, Japans real GDP growth was on a rough path, expanding 1.1% q/q in Q1 and then contracting 0.1% q/q and -0.5% q/q in annualised terms in Q2. In Q3 Japans real GDP registered a positive growth; however, Q4 print is...

Euro area’s industrial production likely declined in December on mild weather

Feb 12, 2016 08:48 am UTC| Commentary Nature

Euro areas industrial production had dropped more than expected by 0.7% m/m in November. It is likely to fall 0.4% m/m in December. If the IP data is on par with this expectation, the Q4 data is expected to decline 0.1%...

FxWirePro: New medium term call for EuroStxx50

Feb 12, 2016 08:27 am UTC| Commentary

We have already shared two of our outlook from fundamental side of FxWirePro, We expect, EuroStxx50 to reach 2440 area in the near term In the longer run, we expect EuroStxx50 to be much more bearish and reach...