ANZ: PHILIPPINES HEADLINE INFLATION IS EXPECTED TO AVERAGE 1.9 PCT IN 2016 BEFORE RISING TO 3.0 PCT IN 2017...
The Canadian government bonds continued to trade lower Monday after the Bank of Canada maintained its key interest rate on hold at 0.5 percent as the central bank continues to anticipate a sound economic growth in the second half of 2016...
KASHKARI SAYS OVERALL OUTLOOK IS FOR MODERATE ECONOMIC GROWTH...
S.AFRICA'S PRESIDENCY SAYS ZUMA RAISED AMOUNT TO REPAY NKANDLA COSTS THROUGH A HOME LOAN FROM VBS MUTUAL BANK ON ITS STANDARD TERMS...
FED'S KASHKARI SAYS LOOKING AT INFLATION VERY CLOSELY, WANT TO SEE MORE MOVEMENT IN CORE INFLATION...
The rebound in Turkey’s core-inflation continues to be gradual, therefore accelerated rate cuts would not underpin the Turkish lira. Unsecure politics would contribute to the volatility in the currency. However, since the U.S...
FED'S KASHKARI SAYS WE SHOULD 'ADMIT' THAT MONETARY POLICY CANNOT BOOST GROWTH BACK TO FORMER LEVELS
FED'S KASHKARI SAYS WE SHOULD 'ADMIT' THAT MONETARY POLICY CANNOT BOOST GROWTH BACK TO FORMER LEVELS...
Dollar index trading at 95.28 (+0.00%) Strength meter (today so far) – Euro -0.06%, Franc +0.07%, Yen +0.61%, GBP +0.17% Strength meter (since last week) – Euro -0.06%, Franc +0.07%, Yen +0.61%, GBP +0.17% EUR/USD – Trading at 1.122...
FED'S KASHKARI TELLS CNBC POLITICS DOES NOT COME UP IN FED DELIBERATIONS ON POLICY...
The 10-year US Treasury yield broke above its August high of 1.63 percent by several basis points Monday, following Fed official Rosengrens speech that suggested that he favours a prompt rate hike. Also, we foresee that it will break June high of 1.74 percent on Fed rate hike expectations...
In correlation space, around 20% (see above chart), with USDJPY vols having taken off since early June in anticipation of the September BoJ meeting even as EURUSD and EURJPY vols have floundered...
INDIA JUL INDUSTRIAL OUTPUT YY* DECREASE TO -2.4 % (FCAST 1.7 %) VS PREV 2.1...
INDIA JUL CUMULATIVE IND. OUTPUT* DECREASE TO -0.2 % VS PREV 0.6...
INDIA JUL MANUFACTURING OUTPUT* DECREASE TO -3.4 % VS PREV 0.9...
INDIA AUG CONSUMER PRICE INDEX YY* DECREASE TO 5.05 % (FCAST 5.50 %) VS PREV 6.07...
Major support- 1.118 (90- day EMA). Major resistance – 1.12650 EUR/USD has declined sharply after making a 1.12637 at the time of writing. It is currently trading around 1.2232. On the higher side, any break above 1.12650 will take the pair till 1.1300/1.13270/1.1360...
U.S. STOCK INDEX FUTURES PARE LOSSES SLIGHTLY AFTER ATLANTA FED'S LOCKHART'S COMMENTS...
LOCKHART SAYS REMAINING SLACK IN LABOR MARKET IS "RELATIVELY SMALL...
LOCKHART SAYS CONTACTS WITH BUSINESS COMMUNITY INDICATE CAUTIOUS OPTIMISM THAT WILL INFLUENCE HIS POLICY VIEW...
LOCKART EXPECTS "LIVELY DISCUSSION" OVER WHETHER CURRENT INFLATION AND UNEMPLOYMENT READINGS CONSISTENT WITH POLICY RATE STILL CLOSE TO ZERO...
