FOMC likely to be cautious amid financial market volatility
Jan 26, 2016 12:21 pm UTC| Commentary Central Banks
Due to short squeeze in risky assets, the US Dollar could see downside risks against high beta currencies. The risky assets are seen supported by markets expectations that are inclined towards ECBs accommodative monetary...
Polish economy likely to grow moderately in 2016
Jan 26, 2016 11:34 am UTC| Commentary
With a stable growth momentum seen this year, Poland is on track to achieve agrowth rate of around3.5% in 2016. The economys growth is seen driven by domestic demand, while high growth rates of private consumption are seen...
Currency snapshot (commodity pairs)
Jan 26, 2016 11:32 am UTC| Commentary
Dollar index trading at 99.41 (+0.14%) Strength meter (today so far) - Aussie +0.47%, Kiwi +0.19%, Loonie +0.32% Strength meter (since last week) - Aussie -0.37%, Kiwi -0.54%, Loonie -0.94% AUD/USD - Trading at...
Commodities snapshot (precious & industrial)
Jan 26, 2016 11:24 am UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold - Gold is up in the face of risk aversion. Todays range $1106-1117 Gold is currently trading at $1112/troy ounce. Immediate support...
Jan 26, 2016 11:17 am UTC| Commentary
Energy pack is up today. Weekly performance at a glance in chart table. Oil (WTI) - WTI dropped further, but recovered and now trading around $30/barrel. Todays range $30.5-29.3 WTI is currently trading at...
FxWirePro: Long term outlook – Pound might drop to 121 against Yen
Jan 26, 2016 10:48 am UTC| Commentary
Pound is currently trading at 167.8 against Yen and we expect it to drop further. Our previous call (Sell Pound at 186 against Yen, targeting 180.4, 179 and 176) reached target and beyond. Though one could have followed on...
Sweden's Riksbank likely to cut rates by 10bp in February
Jan 26, 2016 10:46 am UTC| Commentary Central Banks
Swedish producer prices have witnessed a downward trend since May 2015, due to lower prices for commodities and petroleum products. The downward trend continues as December producer prices dropped by -0.7 percent m/m and...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects