ECB’s improving credit provisions likely to provide growth momentum in 2016
Jan 26, 2016 10:22 am UTC| Commentary Central Banks
Declining bank lending and tightening lending standards weighed on Eurozones growth during the sovereign crisis. However, with gradual increase in bank lending and easing lending standards, the growth has moderately...
FxWirePro: Long term outlook – Euro could rise another 800 points against Pound
Jan 26, 2016 10:20 am UTC| Commentary
Since 2013, expectations of monetary policy divergence has pushed Euro lower against Pound from 0.87 area to as low as 0.69. 2013/14 was a time, when Bank of England (BOE) was expected to move first ahead of FED in hiking...
Developing Markets Central Banks to ease policy
Jan 26, 2016 10:02 am UTC| Commentary
There is flexibility for central banks of the developed markets to ease under the heightened risks scenario and this move is under process. The expected changes will give proper insurance under the moderate growth...
FxWirePro: Natural gas outlook – Shifting from bearish to bullish
Jan 26, 2016 09:59 am UTC| Commentary
In context of decline in oil price, we at FxWirePro expects Natural gas to grow in importance further going ahead. This year, relatively warm winter has kept price under downside pressure. This winter, on downside pressure...
Markets to focus on Eurozone’s February PMI after January’s mixed results
Jan 26, 2016 09:48 am UTC| Commentary
The Eurozones January composite PMI dropped 0.8pt to 53.5, however, it is still consistent with the GDP growth as it is slightly below a 2 percent pace. The latest figures increase pressure on February release, as markets...
FxWirePro: Copper outlook – selling pressure to remain at rallies
Jan 26, 2016 09:20 am UTC| Commentary
Copper, which serves as a barometer for global growth likely to drop further mainly due to its link to Chinas consumption and weakness in global recovery. Currency depreciation against Dollar, across emerging markets is...
US Fed unlikely to give clear policy guidance
Jan 26, 2016 09:03 am UTC| Commentary Central Banks
The FOMC is expected to take a wait-and-see attitude during its upcoming meeting this week due to the increasing worries regarding China, the likelihood of a sharp slowdown in the Q4 GDP growth of the US and the renewed...
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