
Why better payroll may not boost Dollar?
Feb 05, 2016 10:33 am UTC| Commentary
Recovery and inflation less jobs - that is the key reason, why a better than expected payroll number may not be a major boost for Dollar. This week Dollar has declined heavily. For the past four days, Dollar index,...

FxWirePro: Gold Outlook: target $1140 reached, next target $1230/troy ounce
Feb 05, 2016 10:22 am UTC| Commentary
Gold has reached our target on the call - Buy gold @1090 and at dips of every $10, with target around $1140 area and stop los around $1050 area. It has reached target and beyond. Last time we expected gold to regain some...

China’s FX reserves data may lay down negative tone for EM in coming week
Feb 05, 2016 09:34 am UTC| Commentary Central Banks
Chinas data of FX reserves might lay down a negative tone for emerging markets in the coming week, particularly if the likelihood of a sharp decline in reserves proves correct. Moreover, the overall activity might be...
January non-farm payroll preview
Feb 05, 2016 09:31 am UTC| Commentary
Today NFP report is to be published at 13:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics....

Morgan Stanley cuts Crude forecast $30/barrel for 2016
Feb 05, 2016 08:57 am UTC| Commentary
No matter how sharp the rallies are, crude is finding wave of selling pressure. Two days back North American benchmark, WTI staged a more than 8.5% rally after dropping below $30/barrel, however there hasnt been much of a...

China sets growth target of 6.5%-7% for 2016
Feb 05, 2016 08:01 am UTC| Commentary Economy
China has stated that it has set up 2016 growth target range of 6.5%-7% after a 2015 target of around 7% growth. The lower end of 6.5% shows the growths minimum average rate required to meet in the next five years to...

BOJ easing success or failure?
Feb 05, 2016 07:56 am UTC| Commentary Central Banks
Bank of Japans (BOJ) easing has been much criticized and called a failure as it failed to boost both Nikkei and Yen. Yen is now stronger than it was before Bank of Japan (BOJ) announced negative rates. Nikkei has reversed...