
Feb 12, 2016 07:46 am UTC| Technicals Commentary
Pair is currently trading at 112.22 marks. It made intraday high at 113.01 and low at 111.66 levels. Intraday bias remains bearish for the moment. In addition, Japan finance minister Taro Aso warned...
Guide to today’s important data and events
Feb 12, 2016 07:36 am UTC| Commentary
Lot of economic dockets scheduled for today and some with high risks associated Data released so far Australia - Home loans rose by 2.6% and investment lending up by 0.6% in December. Germany - Whole sale...

Lower gasoline prices likely to drag US headline CPI in near term
Feb 12, 2016 07:18 am UTC| Commentary
Retail gasoline prices is expected to drag US headline CPI longer than expected earlier in the near term, based on lower gasoline futures price. Barclays have revised its US CPI forecast profile from its previous update....
Mexico’s industrial sector likely to slow in Q1 2016
Feb 12, 2016 06:45 am UTC| Commentary
December Industrial production in Mexico dropped 0.1% m/m in seasonally adjusted terms, mainly because of strong contraction in mining, along with the third continuous drop in construction. IPs print was partially...
US labor market continues to remain strong
Feb 12, 2016 06:01 am UTC| Commentary Economy
US initial jobless claims dropped 16k to 269k in the week ending 6 February from the prior week, below consensus expectations of 280k and Barclays forecast of 290k. In particular, seasonally adjusted state level initial...

Additional measures needed for Riksbank to tackle low inflation
Feb 12, 2016 05:39 am UTC| Commentary Central Banks
The Riksbanks decision to lower its repo rate further below zero suggested that the central bank is ready to keep aside its concerns regarding strong domestic demand and a housing market bubble in a bid to tackle very low...
Finland’s Q4 flash GDP growth likely to be zero on quarterly basis
Feb 12, 2016 04:59 am UTC| Commentary
Finlands flash GDP growth is expected to have been zero on quarterly basis in Q4. The actual GDP, which will be released later, might be weaker than the flash estimate. The flash estimate is based on deflated monthly sales...