Recent content by VinsonFinancialsFX

Financial News December 28, 2015 US household consumption likely to drive growth in 2016 University of Michigan index of consumer sentiment December final estimate was up to 92.6, slightly over expectations of 92.0. Current conditions were up to 108.1, the highest since June. The consumer...

Financial News December 23, 2015 Key extracts from OPECs World Oil Report Oil producing nations' cartel OPEC has revised its demand estimate in its latest World Oil Outlook, however has warned over declining investments. OPEC demand projections are still higher than those projected by...

Financial News December 22, 2015 Firmer USD likely to continue through 2016 After almost a decade, the U.S. Fed decided to hike its bank rate in mid of December. The economy is back on track, as growth rate picked up, and labor market has improved. On the other hand, the economy is expected...

Financial News December 21, 2015 FxWirePro: GBP/USD outlook focus for 2016 Pound is declining steadily against Dollar before and also after rate hike from US Federal Reserve of 25 basis points. Before Bank of England (BOE) published its weaker inflation outlook and started producing dovish...

Financial News December 18, 2015 Daily Economic Outlook: 18th December 2015 The market experts are still busy in assessing impact of the Fed's first rate hike in almost 10 years. Therefore, other indicators may not get much importance from market. In the United States, US Markit services PMI...

Financial News December 17, 2015 Four rate hikes by Fed likely next year After almost a decade the Fed initiated its monetary tightening policy with 25 base point rate hikes yesterday. The labor market showed a sign of improvement and economic growth rate on track. The unemployment rate...

Financial News December 16, 2015 Unemployment report to set mood for Pound heading into FOMC Since Bank of England (BOE) published its inflation report, suggesting no hike required from BOE in 2016, to keep inflation in check, pound has been struggling. After last week's dovish monetary...

Financial News December 15, 2015 Fed's second rate hike likely in April, 2016 The FOMC meeting on policy decission is scheduled tomorrow. The Fed is expected to hike rate for first time after almost 10 years. Looking forward, analysts foresee a series of rate hikes next two years. Some...

Financial News December 14, 2015 EUR/USD likely to be at 0.95 by end-2016 European Central bank's rhetoric might at the December meeting might come at a long-term cost to EUR , while EUR/USD was forecasted higher last week. "We continue to forecast EUR/USD at 0.95 by end-2016", says Barclays...

Financial News December 11, 2015 Checking on FED rate hike probabilities US Federal Reserve will be meeting on December 15th-16th, to decide on whether to hike rates or not. Market pricing of rate hike has somewhat softened after reaching as high as 84%. However hike expectations over next...

Financial News December 9, 2015 Daily Economic Outlook: 9th December 2015 The Bank of England will draw domestic markets' attention as November Financial Policy Committee meeting of the Bank is scheduled today. The minutes of the meeting will provide the view of the Bank on risks to the UK's...

Financial News December 8, 2015 ECB may easy monetary policy further Euro area is expected to post a sluggish growth rate in 2016. Rising non-performing loans, higher corporate and private debt, lack of significant economic reforms, and downward trend in housing prices in Italy and France...

Financial News December 7, 2015 Daily Economic Outlook: 7th December, 2015 The industrial production data in German for October is scheduled to release today. The reading will give an indication of the Q4 GDP outlook. "Following two months of consecutive decline, we forecast an increase of...

Financial News December 4, 2015 ECB may hold current policy rates in near future The ECB declared a deposit rate cut of 10 base points to -0.3% and kept all other rates unchanged. The Bank extended its asset purchase program for further 6 month and decided to reinvest the principal payments...

Financial News December 3, 2015 ECB likely to cut deposit rate at todays meeting The ECB has given a hint of adjusting its asset purchase program along three tools, such as time commitment, pace, and composition. A change in time and pace may be expected, but it is a less effective toll to...