• ECB is widely expected to remain on hold today and keep interest rates at 0.00%. As the rate as such is expected to remain the same focus may shift towards the press conference which will be...
• The FOMC’s interest rate decision is to be released today and the market widely expects a rate hike. Currently, fed funds futures (FFZ7) suggest that traders priced in a 98.7% probability for an...
• UK’s inflation data will be released today and the UK headline rate is expected to remain at 3% for November on a yearly basis. At a component level of the headline CPI rate, food costs are...
• Mr. Adrian Orr has been named new RBNZ Governor for a term of 5 years. The appointment ended any uncertainty about RBNZ’s new governor and the kiwi reacted positively to the news. Mr. Orr will...
• The Employment Report today is forecasted to include a Non-Farm Payrolls figure of about 200k, an unemployment rate of 4.1% and accelerated average hourly earnings at the rate of 0.3%. There...
• The Bank of Canada kept its policy unchanged yesterday, as was widely anticipated, while the statement accompanying the decision had a relatively dovish tone. Even though the Bank noted the...
• Today, the BoC will announce its interest rate decision. The interest rate is expected to remain unchanged, something market pricing seems to agree with, given that the probability for a rate...
• The British pound surged during the European morning yesterday, ahead of a meeting between EU Commission President Jean Claude Junker and UK PM Theresa May amid expectations about good news...
• During the Asian morning Tuesday, the RBA will announce its rate decision and the forecast is for the Bank to keep its benchmark interest rate unchanged. We see the case for the accompanying...
• Yesterday, OPEC and major non-OPEC producers decided to extent the oil production cuts by 9 months, until the end of 2018, as was widely expected. Nigeria and Libya which were exempt from...