Turkey Treasury Cash Balance up to -4.19B in December from previous -9.28B

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Jan 8, 2016

Strong NFP's but no hike until June - ING

Rob Carnell, analyst at ING Bank noted that a very strong December payrolls survey vindicates the FOMC decision to raise rates in December. Payrolls rose by 292K in December.

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Jan 8, 2016

EUR/USD extends recovery to 1.0900

The euro continued to recover ground against the US dollar and recently reached 1.0908 and currently is attempting to consolidate 1.0900; it was trading at 1.0892/96, less than 30 pips below yesterday’s closing price.

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