German industrial production likely rose in February
Apr 07, 2015 21:36 pm UTC| Commentary
German industrial production has been weak since the beginning of summer 2014, reflecting mostly adverse geopolitical events, but has recently shown signs of improvement.The manufacturing PMI (manufacturing is the largest...
BoE likely to keep Bank Rate unchanged
Apr 07, 2015 21:29 pm UTC| Commentary
The large divergence between core and headline CPI reflects pressures from lower energy and food prices. Despite this, most Monetary Policy Committee (MPC) members have reiterated that the next move for the bank will be a...
BoK will likely lower its growth forecast
Apr 07, 2015 21:20 pm UTC| Commentary
The Bank of Korea (BoK) will hold its Monetary Policy Committee (MPC) meeting on 9 April. The base rate is expected unchanged at 1.75%.The central bank delivered a base rate cut on 12 March against the consensus view of no...
Apr 07, 2015 18:24 pm UTC| Commentary
BofA Merrill Lynch:The Mar-26 Shooting Star formation (Candlestick Topping Pattern) into the confluence of resistance between 6230 and 6321 says that the red metal is topping out and the long-term bear trend is...
Apr 07, 2015 18:20 pm UTC| Commentary
BofA Merrill Lynch:US 10yr and 30yr Treasury yields are correcting higher as ESM5 is returning to trend. Across the curve, we are bullish US Treasuries, targeting the January yield lows (39.6bps in 2s, 1.150% in 5s, 1.636%...
$ Index remains in corrective mode
Apr 07, 2015 18:13 pm UTC| Commentary
BofA Merrill Lynch:The US $ Index correction does not yet look complete. Indeed, evidence says that we should see a decline to the 95.00/94.50 zone before the larger bull trend resumes for the 106.00 area.US $ Index bulls...
USD/JPY & USD/TRY about to resume their long-term bull trends
Apr 07, 2015 18:05 pm UTC| Commentary
BofA Merrill Lynch:For USD/JPY, the 4m range trade looks to be in its final throes. While allowing for one last pullback toward 118.78 (4m Triangle support), pullbacks should be bought. Upside targets are seen to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects