US Payroll gains might be at the top – Goldman Sachs

FXStreet (Mumbai) - The latest note from the investment bank Goldman Sachs says the recent gains in the non-farm payrolls might be at the top and a gradual decline could be seen ahead.

Based on their baseline growth forecasts of 3% real GDP in 2015 and 2016, Goldman expects a gradual decline in the non-farm payrolls number to around the 200k mark. The investment bank further states that, both the jobs and the GDP number face downside risks in 2016.

Mar 25, 2015

Greek government raids public services – Blueprint Capital

The Blueprint Capital FX Team notes that to remain afloat the Greek government has started to dig into public services for meeting its cash requirement.

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Mar 25, 2015

Interest likely to rise – BOE’s Shafik

Speaking to local daily today, Bank of England (BOE) policy maker and rate-setter Minouche Shafik said that interest rates are more likely to go up rather than down despite the current low inflation.

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