U.K. headline inflation accelerates in February

Mar 20, 2019 13:49 pm UTC| Commentary

The U.K. headline inflation accelerated in February. On a year-on-year basis, the consumer price inflation accelerated to 1.9 percent, coming above consensus expectations of an unchanged print of 1.8 percent. The upward...

FxWirePro: Retail sentiment adds bullish bias to euro ahead of FOMC

Mar 20, 2019 13:33 pm UTC| Commentary

Though economic and political fundamentals remain negative for the Eurozone, the euro could move a bit higher, Weaker than expected economic number, especially from European economic powerhouse Germany along with...

FxWirePro: What to watch in FOMC meet ahead?

Mar 20, 2019 13:13 pm UTC| Commentary Central Banks

The U.S. Federal Reserve is in a neutral mode, as Fed chair Powell has recently signaled the possibility of longer rate pause going ahead. Since December 2015, the U.S. Federal Reserve has hiked rates eight times. It has...

Bank of Thailand keeps key policy rate on hold

Mar 20, 2019 12:43 pm UTC| Commentary Central Banks

The Bank of Thailand kept its key policy rate on hold at 1.75 percent today, as was anticipated. The decision to stand pat was unanimous, with all seven monetary policy committee members voting for a hold, compared to two...

U.S. Treasuries tad up as investors await Fed’s policy decision, post-meeting press conference

Mar 20, 2019 11:57 am UTC| Commentary Economy

The U.S. Treasuries gained slightly during afternoon session Wednesday ahead of the Federal Reserves monetary policy decision, scheduled to be unveiled today by 18:00GMT. Also, investors will keep a close eye on the...

FxWirePro: U.S. economy unlikely to face recession heading into 2020

Mar 20, 2019 11:32 am UTC| Commentary Economy

There are many indicators like PMI reports, jobs reports, inflation, industrial output, business sales etc. that we take a look into in determining whether the US economy is slowing down and heading for a recession but...

UK gilts surge despite better-than-expected February CPI; PM May to request extension of Article 50 deadline

Mar 20, 2019 10:59 am UTC| Commentary Economy

The United Kingdoms gilts surged during Wednesdays afternoon session, after investors have largely shrugged-off the better-than-expected consumer price inflation for the month of February. Also, British Prime Minister...