Feb 04, 2016 05:09 am UTC| Commentary
The National Bank of Polands Monetary Policy Council (MPC) has kept the benchmark interest rates on hold at 1.5%, on par with market expectations. The council stated that the present interest rate level assists in keeping...
Guide to today’s important data and events
Feb 04, 2016 04:54 am UTC| Commentary
Not many economic dockets scheduled for today. Focus on BOE interest rate decision. Data released so far Australia - National Australia Banks business confidence rose to 4 from 1 in fourth...
US ISM non-manufacturing index drops in January over retail sales weakness
Feb 04, 2016 04:46 am UTC| Commentary
US ISM non-manufacturing index for January dropped to 53.5 from 55.8. The index continues with a sharp downward trend from the Julys peak of 59.6. The US Fed officials will be worried that the slowdown in mining and...
Most Asian stocks rally as investors regain confidence in commodity
Feb 04, 2016 03:36 am UTC| Commentary
Asian stocks outside Japan are trading on higher note on early Asian hours. The main key driver behind the rally is rebound in Commodity prices. Oil as well as Gold prices rebounded overnight helping the investors to...
Euro bounce, fiscal balances in focus
Feb 04, 2016 02:41 am UTC| Commentary
The sharp overnight jump in the EUR/USD is likely to be strengthen the case for the European Central bank to step up stimulus when policymakers meet next in March. A strong currency combined with weak supply-side pressures...

Market odds of Fed hikes are falling fast
Feb 04, 2016 02:17 am UTC| Commentary Central Banks
The markets have always reckoned the Fed would hike fewer times than officials themselves thought but its the swing more than the gap that now catches the eye. Markets priced in close to 3 hikes in 2016 (after the initial...
Indonesia likely to cut interest rate around mid year
Feb 03, 2016 22:49 pm UTC| Commentary Central Banks
Indonesian real GDP expanded by an estimated 4.8% y/y in 2015. The main key drivers behind the lower growth were prolonged delays in government spending, sluggish private investment and the impact of weak global markets....