All Blogs
Crude prices extend losses Tuesday on the bearish report by IEA. In its September report, the IEA noted a slowdown in demand. As a result, the market is likely to remain oversupplied next year. Its 2016 forecast for demand cut by 100,000 bpd; 2017 by 200,000 bpd...
Energy pack is mixed in today’s trading. Weekly performance at a glance in chart & table. Oil (WTI) – WTI is down today as OPEC and IEA report warns on supply. Today’s range $46.2-45 WTI is currently trading at $45.2/barrel. Immediate support lies at $42 area and resistance at $50.2 area...
Dollar index trading at 95.35 (+0.24%) Strength meter (today so far) – Aussie -0.74%, Kiwi -0.71%, Loonie -0.93% Strength meter (since last week) – Aussie -0.20%, Kiwi -0.19%, Loonie -0.88% AUD/USD – Trading at 0.752...
The recent rebound in crude oil prices has underpinned a stable increase in the Norwegian krone after hitting a low in July end, pushing down the EUR/NOK to 9.25 from around 9.50...
Brazil’s second quarter economic data indicates that the economic activity continues to shrink at a rapid pace in annual terms, albeit it recorded its most solid sequential growth in June since the end of 2014...
Dollar index trading at 95.25 (+0.00%) Strength meter (today so far) – Euro +0.02%, Franc -0.01%, Yen -0.51%, GBP -0.77% Strength meter (since last week) – Euro +0.04%, Franc +0.37%, Yen +0.21%, GBP -0.25% EUR/USD – Trading at 1.123...
The US polls currently give Clinton a 2-5 point advantage over Trump. Polls also highlight a near-record lack of trust in government, which increases the risk of a ‘surprise’ anti-establishment vote...
Dollar index trading at 95.25 (+0.00%) Strength meter (today so far) – Euro +0.02%, Franc -0.01%, Yen -0.51%, GBP -0.77% Strength meter (since last week) – Euro +0.04%, Franc +0.37%, Yen +0.21%, GBP -0.25% EUR/USD – Trading at 1.123...
The US polls currently give Clinton a 2-5 point advantage over Trump. Polls also highlight a near-record lack of trust in government, which increases the risk of a ‘surprise’ anti-establishment vote...
Market Roundup USD/JPY +0.03%, EUR/USD -0.1%, GBP/USD -0.55% DXY +0.25%, DAX +0.27%, Brent -2.0%, Iron -2.85% Germany Aug final HICP 0.3% y/y vs 0.3% previous, 0.3% expected Germany Aug Final CPI 0.4% y/y vs 0.4% previous, 0.4% expected...
SYRIAN GOVT REJECTS AID DELIVERIES TO ALEPPO THAT ARE NOT COORDINATED WITH THE SYRIAN GOVT AND THE U.N., PARTICULARLY FROM TURKEY - FOREIGN MINISTRY...
The economic sentiment of Germany remained unchanged in September, close to the lowest level in nearly four years. The ZEW Centre of Economic Research stated that the economic sentiment index stayed at 0.5 in September, as compared with projections of a rise to 2.5...
The Canadian government bonds gained Tuesday as crude oil prices declined more than 1 percent after IEA in its monthly report highlighted sharp slowdown in global crude demand growth. The yield on the benchmark 10-year bond, which moves inversely to its price, fell 1 basis point to 1...
Let’s directly go to the Hillary Clinton’s speech in question here, in quote, “You know, to just be grossly generalistic, you could put half of Trump’s supporters into what I call the basket of deplorables. Right? The racist, sexist, homophobic, xenophobic, Islamophobic — you name it...
Federal Reserve’s rate-setting committee, FOMC will be meeting next week on 20th and on 21st to decide upon their next move – whether or not to raise rates at that meeting or not...
Let’s directly get to the numbers, how the different segment of the UK economy have performed since the British referendum on June 23rd, where the majority of the Britons voted in favor of moving out of the European Union...
Chinas economy picked up steam in August, as demand rebounded on higher government spending and a year-long credit and property boom. China’s August activity data which came in stronger than expected, following a set of weak data points in July suggest that China’s economy is stabilizing...
The U.K. labor market has till now defied the projections of an increase in unemployment in reaction to the Brexit uncertainty shock, said Societe Generale in a research note. This is possibly because the real economy has not been hit much as was anticipated in the short term...
Italy’s final HICP inflation likely to have remained the same as flash estimate in August. According to a Societe Generale research report, Italian final HICP inflation is expected to have confirmed the flash reading of 0 percent year-on-year...
The US Treasuries saw continued upward pressure across much of the curve Tuesday as the probability of a September rate hike from the Federal Reserve has dropped to about 15 percent from previous 30 percent after Governor Lael Brainard maintained a dovish tone in her speech delivered yesterday...