FxWirePro: Euro Outlook – downside doubts persist
Jan 22, 2016 07:22 am UTC| Commentary
Yesterday, European Central Bank (ECB) president again dropped a hint that there could be further easing from the central bank. Except for immediate knee jerk reactions, overall reaction in Euro has been muted. While...
‘Thank you Draghi’ rally for global markets
Jan 22, 2016 06:37 am UTC| Commentary Central Banks
Global financial market is reversing its recent decline in the wake of possibility that European Central Bank (ECB) might add more stimulus in the market within two months. ECB president Mario Draghi, again dropped...
Central Bank of Brazil unlikely to hike rates as aggressively as forecast next year
Jan 22, 2016 06:18 am UTC| Commentary Central Banks
Brazil might already be in distress due to fiscal dominance, while the inflation targeting framework of the Central Bank of Brazil might not be functioning. Fiscal considerations are mainly driving inflation expectations....
Guide to today’s important data and events
Jan 22, 2016 06:10 am UTC| Commentary
Lot of economic dockets scheduled for today and some with high risks associated. Data released so far - China - MNI business sentiment index came at 52.3 for December, marginally lower than Novembers 52.7. Japan -...
Daily Economic Outlook—Jan 22, 2016
Jan 22, 2016 06:04 am UTC| Commentary
The upcoming release of flash PMI readings for Germany, France and the euro area will give an idea regarding the strength of economic growth for the initial weeks of 2016. The PMI data indicates that economic growth for...
Change in PBoC’s net foreign assets better gauge of FX intervention
Jan 22, 2016 05:16 am UTC| Commentary Central Banks
The extent of FX intervention can be gauged by measures apart from Official Foreign Reserves (OFR) data, such as the change in PBoCs foreign assets and the change in financial institutions forex purchase position....
SARB likely to hike rate lower than market forecast
Jan 22, 2016 04:47 am UTC| Commentary Central Banks
The ZAR is expected to be weak in the near future, although lesser than what was witnessed in 2015. If South Africas local government elections are not disrupted and if the February budget is well received, the country...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects