Turkish Lira under selling pressure after a brief respite
Dec 08, 2015 09:08 am UTC| Commentary
Turkish Lyra is still under selling pressure, after a respite post successful November election. The adverse geo-political developments were restarted as an effecting factor. Stock exchanges latest data show that in...
Czech manufacturing cycle likely peaking
Dec 08, 2015 08:59 am UTC| Commentary
Czech Republics October industrial output data was a robust 6.4%yoy (wda), which came above the consensus expectations. The month-on-month growth rate of Czech industrial output, however, is fading. Last three months...

FxWirePro: Gold outlook – short term upside target reached, awaiting FED
Dec 08, 2015 08:58 am UTC| Commentary Technicals
Gold has reached our target area of $1090/troy ounce, for call given last week on Thursday. However it hasnt traded at $1090/troy ounce, but it would be fair to say that area has reached, with price trading as high as...

Japan officially out of technical recession
Dec 08, 2015 08:01 am UTC| Commentary Economy
After todays second estimate of third quarter GDP, released by cabinet office, it seems things are not as dull as it seems with Japan. Todays better than expected GDP figure will provide ammunition to Bank of Japans (BOJ)...
Russian economy likely to grow marginally in 2016
Dec 08, 2015 07:40 am UTC| Commentary
The oil price volatility, the geo-political tensions and the Central bank of Russias interventions remain as the concerns of economic insecurity for Russia. We keep our 2016 GDP growth forecast unchanged at +0.5% y/y,...

US job prospects likely brightened further in October
Dec 08, 2015 07:28 am UTC| Commentary
US JOLTS job openings in the month of October are expected to rise to 55,00,000 by the consensus, slightly dropping from that of its previous months 5526000. However, there are mixed expectations on the job openings, they...

Solid recovery likely in Japan’s Q3 GDP
Dec 08, 2015 07:22 am UTC| Commentary
The GDP growth rate of Japan is expected at 1.0% year on year in Q3 against the earlier estimate of -0.8%. With the upward revision in the growth rate the economy is unlikely to mire in recession in Q3.The better GDP...