Russia's monthly inflation rate likely to reach 0.6%
Nov 06, 2015 07:00 am UTC| Commentary
In Russia, the inflation rate recorded 15.6% year on year, which was 15.7% in September. The annual rate of inflation of the economy is about to enter a five-month period during which it will plummet rapidly due to base...
Daily Economic Outlook: 6th November, 2015
Nov 06, 2015 06:48 am UTC| Commentary
Market will be focusing on todays U.S. labour market report. Fed Chair Yellen and FOMC members gave a hint of interest rate hike in December, but the upcomming data will determine the rate hike. "This weeks releases,...
US Fed interest rate hike around the corner?
Nov 06, 2015 06:38 am UTC| Commentary Central Banks
US Federal Reserve kept its interest rates near zero for almost a decade now, and this year it has brought in many anticipations around. Markets were pricing for the hike since H2 2015 and now the next likely time is...
US Oct unemployment rate likely at 5.0%, seperations data points to strong labor conditions
Nov 06, 2015 06:33 am UTC| Commentary
The applications for jobless claims in US rose to 276k for the week ending October 31, modestly above the market consensus of 262k expectations. The four-week average increased to 263k from previous 259k, but remains quite...
U.K. inflation may remain below 1% in H1 16
Nov 06, 2015 06:26 am UTC| Commentary Central Banks
The Bank of England held its policy stance unchanged. The Banks balance of voting was in favor of the status quo as it remained at 8 to 1. Analysts were expecting the central bank to retain the current bank rates. The...
FxWirePro: Silver forms Bullish Cypher Pattern, good to buy at dips
Nov 06, 2015 06:11 am UTC| Technicals Commentary
Harmonic Pattern Formed- Bullish Cypher Pattern Potential Reversal Zone (PRZ)- $14.70 Any break below $14.70 will take the pair till $14.30/$ weakness only below $13.96 level. On the higher side minor...
US unemployment rate likely to reach 5.0% in October
Nov 06, 2015 05:47 am UTC| Commentary
In U.S., the jobless claims were forecasted to reach 263K in consensus, while the previous figure for Septmber was 260K, shy below the current forecast. However the US October jobless claims came at 276k, wa ahead of the...
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