Jan 11, 2018 12:29 pm UTC| Commentary Economy Central Banks
Yesterday, a report from Bloomberg that suggested that Chinese government officials, who are reviewing the countrys vast forex reserves of more than $3 trillion have made a comment suggesting that China might reevaluate...
U.S. Treasuries climb ahead of 30-year auction, FOMC member Dudley’s speech
Jan 11, 2018 11:28 am UTC| Commentary Economy
The U.S. Treasuries climbed Thursday ahead of the 30-year auction, scheduled to be held today at 18:00GMT. Also, investors are eyeing the release of initial jobless claims and the producer price index inflation, today at...
Jan 11, 2018 10:46 am UTC| Commentary Economy
The German bunds surged Thursday as investors have largely shrugged-off the eurozones industrial production for the month of November. Also, market participants are closely eyeing the European Central Banks (ECB) account...
UK gilts jump on worsening investor sentiments following possibilities of 'no-deal' Brexit
Jan 11, 2018 09:40 am UTC| Commentary Economy
The UK gilts jumped as investors flocked into safe-haven instruments, following growing possibilities of a no-deal Brexit, although recently some optimism had spiked up as the negotiations moved to the second phase. The...
Jan 11, 2018 09:01 am UTC| Commentary Economy
U.S. commerce department decided to impose countervailing duties (CVD) on imports of uncoated groundwood paper from Canada accusing the country of subsidizing those products. In a statement released on the commerce...
Jan 11, 2018 08:52 am UTC| Commentary Economy
The Trump administration continues to take action against malpractices in trade on countries that have taken advantage of the U.S. open market and to provide a fair opportunity to U.S. industries and workers. The...
EUR/CZK likely to head towards 25.00 mark over the coming quarters, says Commerzbank
Jan 11, 2018 08:25 am UTC| Commentary Economy
The EUR/CZK currency pair is expected to head towards the 25.00 mark over the coming quarters, according to the latest research report from Commerzbank. Czech CPI data for the headline rate in December was in line with...