RBI on track to meet its inflation target for the start of 2016
Mar 09, 2015 10:45 am UTC| Commentary
Forthcoming consumer price inflation data for February should show that the Reserve Bank of India (RBI) remains on course to meet its target for the start of 2016, which has now been formalised under the new monetary...
Mar 09, 2015 10:43 am UTC| Commentary
It is a perfect storm for EUR/USD. It has dropped 9.7% or 12 big figures since the start of January and at this rate could be trading below parity in Q2.Sovereign debt purchases by the ECB and a realignment to the upside...
Firm US dollar generates headwind
Mar 09, 2015 10:41 am UTC| Commentary
Oil prices were unable to resist the strong appreciation of the US dollar in the wake of the US labour market data on Friday.What is remarkable is that the renewed sharper decline in drilling activity in the US is not...
Gold price in euros to continue climbing
Mar 09, 2015 10:39 am UTC| Commentary
The gold price shed nearly 3% for a time last Friday to reach $1,164 per troy ounce, thus hitting a three-month low.This was due to the significantly appreciating US dollar which drove the euro to 1.08 EUR-USD, its lowest...
Mar 09, 2015 10:35 am UTC| Commentary
The start of QE should keep the mood upbeat in the FI space, with ongoing spread tightening in the periphery and bull flattening on the German curve.Unicredit notes in a report on Monday: ECB president Mario Draghis...
USD, JPY Outlook: RBC Capital Markets
Mar 09, 2015 09:20 am UTC| Commentary
Qutoes from RBC Capital Market USD:Retail sales are the only data highlight. They may be impacted by bad weather in Feb, but that will unwind in March, ultimately supporting our economists call for consumption to grow...
EUR, GBP Outlook: RBC Capital Markets
Mar 09, 2015 09:17 am UTC| Commentary
Qutoes from RBC Capital Markets EUR:We think Euro area IP could surprise to the upside for January (RBC: 0.4%m/m, cons 0.2%), but as long as the ECB is committed to easing until inflationary pressures pick up, it will...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects