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7 Mar 2018

Eurozone: GDP data should confirm that the economy grew at 2.7% YoY - ING

According to Viraj Patel, Research Analyst at ING, the final reading of 4Q17 Eurozone GDP data should confirm that the economy grew at its fastest pace in a decade last year (2.7% YoY).

Key Quotes

“Yet, we suspect that it is future EZ growth that will be of greater concern for the ECB – not least given the likely headwinds that would manifest from any US-led global protectionist shift. We may hear more from President Draghi on this at tomorrow’s meeting. Elsewhere, we have a Polish central bank meeting today – with our economists looking for a more dovish MPC stance to send EUR/PLN up towards 4.22-4.25.”

Mar 7, 2018

GBP futures: up move stays unconvincing

In light of preliminary figures for GBP futures markets, open interest rose by more than 1.6K contracts on Tuesday from Monday’s final 196,035 contrac

Confirming you are not from the U.S. or the Philippines

Eurozone: GDP data should confirm that the economy grew at 2.7% YoY - ING

GBP futures: up move stays unconvincing

Singapore Foreign Reserves (MoM) increased to 282.8B in February from previous 282.4B