Monthly Archives: March 2016

UK annual growth Q4 a surprise positive – BNP

UK annual growth Q4 a surprise positive – BNP

Analysts at BNP Paribas explained that UK growth for Q4 was unexpectedly revised up today, lifting the annual growth rate for 2015 to an above-trend 2.3%. Key Quotes:”Next week we will get further details on economic activity in Q1 with the release of the March services PMI.””We remain of the view tSee Original Article

Canadian pension plans' health declines in first quarter -survey

TORONTO, March 31 (Reuters) – The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond…

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USD/JPY: Trading the US ADP Non-Farm Payrolls

The jobs report from ADP provides a snapshot of private sector employment in the US, as well as a hint for the official Non-Farm Payrolls publication
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Iran to attend April meeting, but will not commit to production freeze

As per Bloomberg report, Iran will attend OPEC and non-OPEC meeting to be held in April, but will not commit to production freeze. The meeting has been convened to sign production freeze accord and major producers have said that they are ready to talk irrespective of Iran’s participation. MeanwhilSee Original Article