Oil Slips as Kuwait Strike Ends - Investec Research Team at Investec, notes that overnight, Kuwaiti oil and gas workers ended a three-day strike that had temporarily halved the OPEC member's crude production...
UK: Disappointing News on Wages and Employment - ING James Smith, Economist at ING, suggests that the combination of sub-consensus wage and employment growth was not encouraging, and may suggest that uncertainty surrounding the forthcoming referendum is starting to show up in the data...
German Vice-Chancellor: It's wrong to Blame ECB for Root Cause of Eurozone Problems German vice-chancellor and economy minister Sigmar Gabriel was on the wires via Reuters, defending ECB Chief Draghi’s and team...
Crude Oil (WTI) (K6) Intraday: rebound in sight. Prev Top Pivot: 39.50 Most Likely Scenario: long positions above 39.50 with targets @ 40.76 & 41.54 in extension. Alternative scenario: below 39.50 look for further downside with 38.44 & 37.60 as targets...
The six month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, fell from –1.07% in February to –1.53% in March...
Oil: Supply Disruptions in Kuwait and Nigeria – SocGen Research Team at Societe Generale, suggests that the quick recovery in oil prices on Monday appears to have been caused by two new short-term bullish supply disruptions and the first new disruption is in Kuwait...
BOJ vs ECB: Higher Hopes for BoJ Movements will Support EURJPY - BNPP Research Team at BNP Paribas, suggests that the divergent performance of the EUR and JPY likely reflects stretched long positioning in the latter and possibly greater anticipation that next week’s BOJ meeting will bring new eas...
Oil: Real Takeaway from Doha – SocGen Research Team at Societe Generale, suggests that the key takeaway from the events of last weekend in Doha is not neutral fundamentals or possibly bearish market psychology...
Gold Hovers Around $1250 Supported by a weaker US Dollar, Gold on Tuesday rallied nearly 1.5% taking it to a one week high level before settling above $1250...
Oil: Implications of Failure of the Freeze Talks for the Markets - SocGen Research Team at Societe Generale, lists down the possible implications of the failure of the freeze talks for the oil markets...
Prices rose 3.8% in the latest Global Dairy Trade (GDT) auction after a 2.1% gain previously. Although markets had been expecting prices to advance at the latest auction, the gain triggered a further advance for the New Zealand currency ahead of a key interest rate decision next week...
Asian Stocks Extend Gains, China Bucks the Trend The sentiment on the Asian markets remain mixed this Wednesday, with the Chinese stocks extending losses, while rest of Asia gains further and rises to fresh four-month highs...
Oil Dives Deeper in the Red on Mounting Oversupply Worries Oil benchmarks on both sides of Atlantic accelerated to the downside in the Asian trading hours, as resurgence of oversupply worries into the markets dampened the sentiment around the black gold...
Lausanne is joining the growing list of places looking to experiment with a universal basic income. Politicians in Lausanne — a city of around 150,000 people in Switzerland — have adopted a motion to carry out a pilot scheme for basic income in the city...
DAX30: World Stock Indices are Growing The rise in oil prices and weakening in the USD amid uncertainty about the increase in the US interest rate, have increased risk aversion among investors...
Verbal ping-pong is to be heard at the Frankfurt press conference this Thursday, as monetary super weapons were launched just a month ago and the monetary conditions including inflation and credit outlook are rather positive...
US: Housing Data Rises Further Questions About the Direction of the Economy - ING Rob Carnell, Chief International Economist at ING warns that the sharp decline in housing starts and permits in March (-7.7% and -8.8% respectively) raises further questions about the direction of the US economy...
Latin American: Monetary Tightening Nearing the End of the Cycle - BBH According to analysts from Brown Brother Harriman, the tightening cycle of monetary policy in Latin America is nearing the end...
US: We Anticipated a Rebound in Growth in Q2 After a Weak Q1 - Lloyds Analysts from Lloyds Bank point out that employment growth remained solid in Q1, but with limited upward pressure on wage growth and also noted that economic indicators point to a weak Q1 GDP growth...
