Mar 11, 2015 07:04 am UTC| Commentary
EUR/USD reached new lows since 2003 (1.0666) this morning, as the USD was broadly bought on the back of comments by the Feds Fisher that a strong USD is not a concern. Isnt it? The markets start to question it. Now that...
Global Leading Indicator still flat
Mar 11, 2015 06:57 am UTC| Commentary
The Global Leading Indicator by UniCredit rose slightly to minus 0.1 standard deviations in February from minus 0.2.Hence, it continued to remain in a narrow range, basically signaling further stagnation in global trade...
BOK likely to hold its policy rate at 2.0% in March
Mar 11, 2015 06:45 am UTC| Commentary
The Bank of Korea (BoK) is expected to hold its policy rate at 2.0% at its March meeting, thus leaving it unchanged for the fifth consecutive month since November 2014.The BoKs economic assessment should be largely the...

Jump in Australian unemployment rate to partly reverse
Mar 11, 2015 06:36 am UTC| Commentary
The 12k decline in employment in January should be seen in the context of the 34k average increase over the previous three months. This is equivalent to an annualized rate of 3.5%, clearly an unsustainable rate given the...

UK manufacturing output to make strong gain
Mar 11, 2015 06:25 am UTC| Commentary
In the UK, business surveys have been pointing towards a rising output trend and this, in combination with more-promising signs from the euro area, should lead to an increase in manufacturing output of 0.5% mom in January...
Aussie and kiwi underperform as USD rises
Mar 11, 2015 05:52 am UTC| Commentary
AUD rose in early Sydney to as high as 0.7645 before falling to trade with a 0.75 handle.It then failed to recover, and slipped to as low as 0.7589 in late Sydney - fresh lows back to 2009 - and struggled to trade back...
AUD/USD, NZD/USD Outlook: RBC Capital Markets
Mar 11, 2015 05:44 am UTC| Commentary
Quotes from RBC Capital Markets: AUD/USD is trading sub-0.76. RBA Assistant Governor Kent delivered a speech on the economy overnight, the bulk of which would be familiar to anyone with a vague interest in the...