FED hike – where probabilities stand?
Dec 02, 2015 14:25 pm UTC| Commentary Central Banks
Official stance in US monetary policy is that it will be data-dependent and the FOMC members will probably takethe opportunity to hike rates in thefinal meeting of the year, if inflation data and financial conditions...

API reports surplus, while WTI awaits EIA report – calls updated
Dec 02, 2015 13:40 pm UTC| Commentary
WTI is struggling to make gains as tension surrounding Middle East has eased somewhat and as of now, there are no threats to oil supply. Key factors at play in Crude market Saudi Arabia in recent days have...

Stronger ADP smoothens way for rate hike at next FOMC
Dec 02, 2015 13:30 pm UTC| Commentary Central Banks
Todays ADP employment numbers, released from US for the month of October,showed that US economy and its labour markets are quite robust, in spite of global economic slowdown. There are two things to notein the...

ECB likely to cut deposit rate by 20bp
Dec 02, 2015 12:52 pm UTC| Commentary
Euro area HICP inflation remain steady at 0.1% y/y in November. Analysts expects the reading to post 0.2%y/y. Likewise, core inflation was also below expectation. It stood at 0.9% y/y in November against 1.1% y/y in...

Dec 02, 2015 12:06 pm UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 15:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of BOC...
Turkish Lira jumps after EU deal, Russia continues to woe Turkish exports
Dec 02, 2015 11:59 am UTC| Commentary
The lira has been taming dollars Bull Run from last 3 days following prominent developments taking place recently: namely, first aspect is that, significant deal Turkey struck with the EU, apparently backed by Germany,...

Dec 02, 2015 11:37 am 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 part of the key data ahead of December FOMC, What is ADP employment? The report is...