
Yellen’s testimony to provide clues on whether a March hike is still in play
Feb 08, 2016 16:03 pm UTC| Commentary Central Banks
The US data calendar remains fairly light this week and the marquee event will be Fed Chair Yellens delivery of the semi-annual Monetary Policy Report to Congress, first before the House Financial Services Committee...
Swedish Krona still vulnerable ahead of Riksbank meet
Feb 08, 2016 15:29 pm UTC| Commentary
Swedens Riksbank meets this Thursday, 11th February to decide its monetary policy settings. Economists are split 50/50 on no change in rates or a 10-15bp cut. The easing is broadly priced in, market is now pricing in...
China aggregate financing likely to show big gains
Feb 08, 2016 14:56 pm UTC| Commentary Central Banks
China is likely to releases aggregate financing figures sometime over the course of this week or perhaps into early the following week. We can expect the value of new yuan-denominated loans issued to consumers and...

Canadian housing starts likely to average between 180k-to-190k range in 2016
Feb 08, 2016 14:42 pm UTC| Commentary Real Estate
Canadian Housing Starts data for January which was originally scheduled to be released on Monday was released early by CMHC. Data showed that Canadian housing starts fell further to 165,900 annualized units in January from...

Feb 08, 2016 13:34 pm UTC| Commentary
Equities are all red in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...

Commodities snapshot (precious & industrial)
Feb 08, 2016 13:11 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold - Gold is rising steadily as equities slide. Todays range $1164-1183 Gold is currently trading at $1182/troy ounce. Immediate support...

Currency snapshot (commodity pairs)
Feb 08, 2016 12:58 pm UTC| Commentary
Dollar index trading at 97.17 (+0.12%) Strength meter (today so far) - Aussie +0.27%, Kiwi +0.03%, Loonie +0.22% Strength meter (since last week) - Aussie +0.27%, Kiwi +0.03%, Loonie +0.22% AUD/USD - Trading at...