Austria Industrial Production (YoY): 2.6% (November) vs 1.5%

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Jan 25, 2016

Gold runs into 100-DMA resistance

The rally in gold prices ran into technical resistance of the 100-DMA at USD 1105/Oz levels in early Europe, although weakness in the USD index is keeping the bid around the metal intact.

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Jan 25, 2016

EONIA forwards are now pricing 80% chance of a 10bp rate from ECB in March

The outcome of the last week’s ECB policy meeting was surprisingly more dovish, as the Governing Council unanimously agreed to review and reconsider policy at the March 10 meeting.

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