Wait for Yellen’s testifying, for next leg in Dollar
Feb 08, 2016 08:49 am UTC| Commentary Central Banks
Non-farm payroll report on Friday, provided some support to Dollar, with stronger than expected wage growth. However, it could take much longer for wage growth to lead to higher purchase, thus to higher inflation. FED...

Demand driven inflation out of reach of BOJ as wage growth subdued
Feb 08, 2016 08:43 am UTC| Commentary Economy Central Banks
Bank of Japan (BOJ) ambitious easing has so far failed to achieve targeted inflation path as consumers have scaled back their purchase after sales tax hike of 2% and now latest earnings data released today, show that...
Indonesia’s GDP grows strongly in Q4 2015 on government spending
Feb 08, 2016 08:37 am UTC| Commentary
Indonesias GDP grew 5.04% y/y in Q4 2015, more than Societe Generales forecast of 4.5% y/y and consensus expectation of 4.8% y/y. Infrastructure investment, driven by government spending, boosted the economy; however,...

FxWirePro short term outlook: Euro could retrace to 1.1 area against Dollar
Feb 08, 2016 07:29 am UTC| Commentary
Dollars return on Friday, from support area of last October/November low has been quite a jolt for Euro. Yen was able to maintain most of the gains until today and Pound was weaker already. This jolt is likely to push Euro...
Brazil’s IPCA inflation accelerates in January, likely to have downward trajectory in 2016
Feb 08, 2016 07:00 am UTC| Commentary
Brazils IPCA inflation accelerated 1.27% m/m in January from 0.96% in December. On a yearly basis, it remained at 10.7% in January. The unexpected rise was spread across the groups, with some concentration in the...
NFP shows long Dollar is still the game in town
Feb 08, 2016 06:56 am UTC| Commentary
Last Friday, NFP report showed US economy added fewer jobs in January. Just about 151,000, which is much lower than 190,000 expected and 262,000 in December. December got revised down by 30,000. All in all the headline,...

Another $100 billion disappears from PBoC coffer
Feb 08, 2016 06:27 am UTC| Commentary Central Banks
Happy Lunar New Year. Happy year of the monkey. All hopeful of a great year for China. However, latest data, FX reserve released on the eve of New Year shows, another tough year lies ahead of Chinese economy. From...