US: OECD leading indicators point to a bleaker picture – Westpac

US: OECD leading indicators point to a bleaker picture – Westpac

FXStreet(Delhi) – Richard Franulovich, Research Analyst at Westpac, notes that the latest OECD leading indicators do not make for happy reading on the US and global economy.Key Quotes“Both consensus and the Fed may have revised up 2015 growth expectations in recent weeks but within that a clear See Original Article

USD/JPY: Yen bolstered on awful China PMI, risk-off at full steam

FXStreet (Mumbai) – The USD/JPY pair met fresh supply near 120.20 region and dropped sharply to lows below 120 handle following the release of the much awaited Chinese manufacturing PMI data which disappointed markets big time.Yen spikes on China PMI missCurrently, the USD/JPY pair trades -0.28% lowSee Original Article

Fed: Likely to raise rates regardless of inflation concerns – BBH

FXStreet(Delhi) – Research Team at BBH, suggest that they expect the US Fed to raise rates regardless of what happens to the market-based measures of inflation expectations in the coming months.Key Quotes“The Federal Reserve threw investors a curve ball last week. Until then, Fed officials haveSee Original Article

EUR/USD keeps the neutral bias – Westpac

FXStreet (Edinburgh) – According to strategists at Westpac, the pair’s outlook remains on the neutral camp for the time being.Key Quotes“Topside follow-through in EUR/USD on the Fed’s decision to delay lift off has proven to be very underwhelming”.“Fedspeak this week should keep the spiritSee Original Article