
FED hike aftermath series: probability of negative rates from FED is on the rise
Feb 11, 2016 08:37 am UTC| Commentary
Addicted to negative. Bets in financial markets are slowly creeping up that FED will be following Bank of Japan (BOJ), European Central Bank (ECB), and Swiss National Bank (SNB) to follow into the territory of negative...
Fed hike aftermath series: hike probability review post Yellen testimony
Feb 11, 2016 07:55 am UTC| Commentary Central Banks
At the end of last year, market was predicting FED will hike rates twice this year and the first to come as early as March. However, global financial market turmoil has been pushing hikes into the future, and now market...

Feb 11, 2016 07:12 am UTC| Commentary
Even in a trend market hardly moves in one direction. So even we at FxWirePro, are big bull in Yen (our final target 98.5 per Dollar), we hardly expect it to be one directional move, so corrections are very much...
US FY 2016 federal budget deficit likely to reach around $550bn
Feb 11, 2016 07:12 am UTC| Commentary
The US Federal governments January 2016 monthly budget surplus reached $55.2bn, as compared with $17.5bn in January 2015. It is moderately larger than CBO forecast of $50bn and consensus expectations. According to CBO...
Norges Bank likely to cut rates in March
Feb 11, 2016 06:49 am UTC| Commentary Central Banks
The Norges Bank board, during its MPC-meeting in December, had hinted that they were mostly likely to lower rates in March rather than keep them unchanged. The Norges Bank was earlier expected to keep rates on hold in...
Sudden drop in UK Q4 industrial production likely poses downside risk to Q4 GDP print
Feb 11, 2016 06:21 am UTC| Commentary
UK Industrial production unexpectedly dropped 1.1% in December, 0.6 percentage points weaker than Barclays below consensus forecast of a moderate fall. All the categories posted fall, except the water and waste management...

Yen bulls charged up on dovish Yellen
Feb 11, 2016 06:17 am UTC| Commentary
Yen strengthened to strongest level against Dollar, since third quarter of 2014, at a time, when Bank of Japan (BOJ) introduced additional asset purchase and increased the pace of purchase to 80 trillion per annum. Now...