Oct 28, 2015 13:12 pm UTC| Insights & Views Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 20:00 GMT. Economic condition New Zealands economy overall remained robust throughout past years however started...
Massive volatility in Natural gas, is this reversal
Oct 28, 2015 12:20 pm UTC| Insights & Views
For the past few days natural gas is showing unprecedented volatility, which has baffled many in the market. Daily candlestick chart shows, massive buying today, followed by a big hammer yesterday. So is this the reversal...
FxWirePro: Vertical spread to mitigate WTI vega risks ahead of crude inventory check
Oct 28, 2015 12:09 pm UTC| Insights & Views
The US is considering selling a total of 58 million barrels of crude oil from its Strategic Reserves between 2018 and 2023. This supply glut has impacted on drop in oil prices, the commodity continued on their downward...
Big communication task for FOMC today
Oct 28, 2015 11:38 am UTC| Insights & Views Central Banks
US Federal Open Market Committee (FOMC) has big tasks in their hand today to communicate the market well enough about their current stance and plan of action ahead. With no press conference scheduled for later, it is no...
Oct 28, 2015 11:33 am UTC| Insights & Views
Last week EIA reported crude oil inventory at 8.0M which was a rise from previous 7.6M, as a result crude prices began dropping which in turn led to NOKs losses. This depreciation in NOK in H2 2014 has underpinned...
Japan's industrial production to offer cues on BOJ stimulus
Oct 28, 2015 11:22 am UTC| Insights & Views Central Banks Economy
Japans industrial production data is due for release on Oct 29, Thursday, a day before BOJ policy meeting, at which the c.bank mulls further stimulus. The production data is of great significance as a gauge on whether the...
Markets price-in 90% probability of RBA rate cut next week
Oct 28, 2015 10:43 am UTC| Insights & Views Central Banks
Todays weaker than expected inflation numbers has led to skyrocketing expectation of a rate cut by Reserve Bank of Australia (RBA) next week, when the bank is set to meet to announce decision on November 3rd. In...
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