Apr 07, 2015 17:46 pm UTC| Commentary
Bank of Japan to maintain the current monetary policy framework, such as size of asset purchases and tenor of target bonds, at the upcoming Monetary Policy Board meeting on 7-8 April.The core CPI growth in February was...
US recovery still firmly on track
Apr 07, 2015 17:40 pm UTC| Commentary
Rumours of the demise of the US economy have been greatly exaggerated. Now that credit is flowing more freely and the fiscal drag has faded, the recovery will strengthen.Nevertheless, given how skittish Fed officials are,...
No reason for RBI to cut given inflation is showing signs of firming
Apr 07, 2015 17:21 pm UTC| Commentary
As was widely expected, the RBI kept its policy rate (repo rate) unchanged at 7.5% at todays meeting. However, unlike at the previous meeting, when it cut the statutory liquidity ratio (SLR) by 50bp from 22.0% to 21.5%,...
Apr 07, 2015 17:12 pm UTC| Commentary
Western Union:More uncertainty seems attached to the greenback in the wake of Fridays weaker jobs report, but bulls see no reason to panic. Americas job market produced its first sub-par hiring report in a year in March...
Apr 07, 2015 17:11 pm UTC| Commentary
Western Union:The loonie wavered between C$1.24 and C$1.25, losing some of its positive momentum from the rebounding greenback and caution ahead of Canadas jobs report on Friday.Perhaps setting the stage for a...
Apr 07, 2015 17:11 pm UTC| Commentary
Western Union:The main cog that drives the U.K. economy grew at the fastest rate in months, news that offered some underpinning to sterling. Britains services PMI rose more than expected to 58.9 in March for the best rate...
Apr 07, 2015 17:10 pm UTC| Commentary
Western Union:Another euro bounce has given way to fresh selling pressure, illustrating how its downward bias remains firmly in place. The euro had poked above $1.10 against the dollar on both Friday and Monday, but it...
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