Any change in BoJ’s inflation outlook?
Oct 01, 2015 09:33 am UTC| Commentary
The Fed refrained from hiking interest rates at the 16-17 September FOMC meeting, and does not expect to attain its 2% inflation goal until 2018 according to board members median forecast. The BoJ will have two policy...
Oct 01, 2015 09:29 am UTC| Commentary
After the Fed meeting, EUR/USD end-2015 is now projected to 1.05 from parity. This projection assumes that the Fed will start hiking rates in December andthe ECB will announce that it will extend QE for after Sept 2016. In...
U.S. manufacturing activity probably slowed further in September
Oct 01, 2015 09:26 am UTC| Commentary
Manufacturing activity in U.S. likely decelerated for a third straight month, leaving the ISM Purchasing Managers Index (PMI) at 50.4 - the lowest reading since May 2013.With a quartet of district Federal Reserve canvasses...
ECB's monetary policy divergence in action
Oct 01, 2015 09:24 am UTC| Commentary
The euro area sees continued strength in activity data and weakness in inflation data. As a result, rates markets have been driven primarily by developments abroad, on-going concerns over China, compounded by the...
European Commission raises estimate for EU soft wheat crop
Oct 01, 2015 09:21 am UTC| Commentary
The wheat forward contract traded in Paris climbed slightly to 174.5 per ton during the course of trading yesterday. The US wheat price even made considerable gains and closed 1.8% up at 513 US cents per bushel.The...
Firm US dollar, rising stock markets and low inflation in the EU put pressure on gold
Oct 01, 2015 09:09 am UTC| Commentary
The gold price is continuing to show a tendency towards weakness and is trading this morning at only $1,110 per troy ounce. Gold in euro terms is faring somewhat better thanks to the firmer US dollar, though it nonetheless...
OPEC oil production rose slightly in September
Oct 01, 2015 09:03 am UTC| Commentary
Saudi Arabia and the other GCC countries maintained their production levels virtually unchanged. In other words, OPEC is still showing no willingness to withdraw oil supply from the market in a bid to shore up...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects