Oil in Global Economy Series

Oil in Global Economy Series: Libya’s oil production approaches 4-year high

Jun 30, 2017 10:43 am UTC| Commentary

In May, Libya surprised the financial market participants with a huge increase in production. We have been following the Libya story for quite some months now. The increase was well expected by many who have been following...

China infrastructure investment likely to remain solid, potentially contribute to GDP growth in H2 2017: ANZ Research

Jun 30, 2017 10:39 am UTC| Commentary Economy

Chinas infrastructure investment is expected continue to be solid and will potentially be a major contributor to GDP growth in H2 2017. Assuming consumption and net exports contribute 4.4ppts (similar as in 2016) to 2017s...

FxWirePro: BoC’s Poloz indicates possibility of July hike

Jun 30, 2017 10:27 am UTC| Commentary Central Banks

Canadas bonds have suffered most this week among its peers, more than the counterparts in UK, France, Germany or Australia as the Bank of Canada (BoC) Governor Stephen Poloz indicated that a rate hike from the central bank...

Oil in Global Economy Series

Oil in Global Economy Series: Goldman slashes oil price forecast

Jun 30, 2017 09:57 am UTC| Commentary

The US investment bank Goldman Sachs, which was trying to push a bullish case for the oil by citing depletion of floating inventories thanks to OPEC and N-OPEC agreement to reduce supplies is back on the bearish side once...

Eurozone periphery bonds rebound post slightly lower June CPI

Jun 30, 2017 09:45 am UTC| Commentary Economy

The Eurozone periphery bonds rebounded Friday after witnessing a slightly lower consumer price inflation data for the month of June. However, inflation remained above the consensus estimates, further restricting any steep...

Divergence between EM Asian currencies and EUR likely to widen in Q3, says Scotiabank

Jun 30, 2017 08:23 am UTC| Commentary Economy

The divergence between EM Asian Currencies and the EUR to widen in the third quarter. Market concern over ECB tapering its monetary stimulus will likely weigh on EM Asian currencies that have rallied markedly this year...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Bullard questions Fed’s ‘going alone’ hike path

Jun 30, 2017 08:05 am UTC| Commentary Central Banks

St. Louis Fed President James Bullard, speaking on the sidelines of an event in London said that it was disconcerting that the market-based measures of inflation have actually fallen despite the central bank increased...