Hong Kong SAR Unemployment rate: 2.9% (January)

USD/CAD consolidates near two-month tops, around 1.27 handle

   •  USD preserves FOMC minutes-led strong gains.    •  CAD weighed down by weaker oil prices.    •  Canadian retail sales data eyed for fresh impetus. The USD/CAD pair extended its consolidative price action and was seen oscillatin ...

GBP/USD stays neutral, door open for a test of 1.3764 – UOB

In opinion of FX Strategists at UOB Group, Cable keeps the neutral bias and a test of the vicinity of 1.3760 is not ruled out. Key Quotes 24-hour view: “GBP traded in a choppy manner yesterday, swinging from a low of 1.3905 to 1.4008 before plummeting back down to the current level of 1.3915 ...

EUR/USD looks to ECB for near term direction – Danske Bank

Jakob Christensen, Chief Analyst at Danske Bank, sees the single currency under pressure ahead of the ECB event later today. Key Quotes “The Fed minutes last night failed to move USD much and while the dollar has seen tentative signs of support from tighter USD liquidity, in order to chang ...

Hong Kong SAR Consumer Price Index remains unchanged at 1.7% in January

Is there a Multilateralism that the US could Like? – BBH

Among the first acts on trade by the new US Administration was to withdraw from the Trans-Pacific Partnership multilateral trade pact and Trump's opposition to TPP was well-known, but less appreciated by his critics, is that the two leading Democrat candidates for the presidency in 2016 wer ...

EUR/USD offered below 1.2340/71 – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair remains directly offered when trading below the 1.2340/71 band. Key Quotes “EUR/USD continues to weigh on the downside following its failure move to a new high. The new high has been accompanied by a divergenc ...

UK: Focus on the expenditure side of the GDP accounts – Nomura

Analysts at Nomura suggest that in the absence of any revisions to the headline rates of growth (0.5% q-o-q and 1.5% y-o-y) the focus in the second estimate of GDP for UK will be on the expenditure side of the accounts. Key Quotes “Consumer and investment spending growth will be focal point ...

Switzerland Industrial Production (QoQ): 8.7% (4Q) vs 8.6%

Switzerland Industrial Production (YoY): 19.6% (4Q) vs 5.5%

US Dollar clings to gains above 90.00, Fedspeak eyed

DXY managed to break above the 90.00 mark post-FOMC. US 10-year yields climbed to multi-year tops near 2.96%. USD vigilant on ECB minutes and Fedspeak later today. The greenback, in terms of the US Dollar Index (DXY), keeps the upbeat mood so far this week and is now looking to consolidate th ...

France Consumer Price Index (EU norm) (MoM) in line with expectations (-0.1%) in January