FOMC to sound tough but promise restraint

Nov 18, 2015 18:30 pm UTC| Commentary Central Banks

Markets have mostly drifted, but German Bund yields and the euro both drifted lower. Theres a shortage of meaningful news to drive markets anywhere much, but the euro downtrend continues. For sure, its a pretty crowded...

US Housing starts moderate in October, but building permits remain at healthy levels

Nov 18, 2015 15:15 pm UTC| Commentary

Housing starts fell by 131 thousand to 1,060k units (annualized) in October, coming in considerably below expectations for 1,160k new units. Negative revisions subtracted 16k and 15k units from August and September tally,...

U.S. soybean exports accelerate

Nov 18, 2015 13:53 pm UTC| Commentary

The soybean price seems to recover marginally. Processing of the commodity in the US in October was increased in compare to previous year and also exceeded the markets expectation. It is observed that US soybean exports...

U.S. sugar price hits by India's ahead export subsidy

Nov 18, 2015 13:45 pm UTC| Commentary

Indian government cabinet is likely to take decision on implementing a new export subsidy policy, and thereby, the volume of export will increase. According to the new subside policy, the sugar cane producers will receive...

China’s new house prices accelerated in October

Nov 18, 2015 13:17 pm UTC| Commentary

Chinas new house prices for October indicate a signs of stabilization. A robust grow rate is noticed in the bigger Tier 1 cities. This is the result of multiple rounds of easing measures over the past few months like the...

South African economy needs rate cut

Nov 18, 2015 13:06 pm UTC| Commentary Economy Central Banks

The South African Reserve Banks rate decision is likely to announce this week. On the one hand, the economy needs a monetary policy easing in order to accelerate the growth rate, but the central bank is under...

Poland Zloty weaken ahead of key policy vote

Nov 18, 2015 12:30 pm UTC| Commentary

The Poland zloty is seemed to be underperforming currency in recent days. The PLN-HUF is declined to 73.30 yesterday from its early-November peak of around 74.50. There is a clear indication of the new PiS governments...