
Stronger ADP strengthens case for further hikes from FED
Jan 06, 2016 13:30 pm UTC| Commentary Central Banks
Today ADP employment numbers were released from US for the month of December. ADP number shows US economy and its labour markets are quite robust, in spite of global economic slowdown. There are two things to note...

API reports deficit, while WTI awaits EIA report – calls updated
Jan 06, 2016 13:20 pm UTC| Commentary
WTI is continuing its downward slide, as Middle East tensions failed to lead into greater crisis. Key factors at play in Crude market Middle East tensions between Iran and Saudi Arabia bearish for crude as it...

ADP December employment preview
Jan 06, 2016 12:59 pm UTC| Commentary
ADP employment data to be released at 13:15 GMT is todays most vital dockets from US to be watched by market participants. This is first key data after December FOMC, in which FED hiked rates. What is ADP...
United Kingdom’s economy expected to slow in 2016
Jan 06, 2016 12:38 pm UTC| Commentary
The UK December Services headline PMI slid down 0.4pts to 55.5, in line with expectations. According to the recent PMI survey data from Markit and CIPS, the UKs service sector growth stabilized at the strong rate last...
Migrant crisis – More than a million arrives in Germany in 2015
Jan 06, 2016 12:19 pm UTC| Commentary
How much more can Germany bear?? .......... We have listed Migrant crisis to be one of the top macro theme of 2016 and latest report from German interior ministry suggest we might be very right in doing so. According to...
Middle East tensions act as negative for Crude
Jan 06, 2016 11:51 am UTC| Commentary
Global benchmark Brent crude is down almost 4% today, falling again to discount against WTI as supply glut refuses to abate. North American benchmark WTI is down 2.5%. Brent has hit fresh 11 year low, surpassing 2009...

CAD sell-off to continue through Q1 2016
Jan 06, 2016 11:42 am UTC| Commentary
Of all the G-10 currencies, the Canadian dollar was hit the hardest in 2015, dented by firmer US interest rates, weaker oil prices and sluggish domestic data. The loonie lost over 15% of its value versus the U.S. dollar,...