RBI likely to leave policy rate unchanged at 6.25 pct, says Scotiabank
Jun 05, 2017 05:54 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to leave its policy rate unchanged at 6.25 percent and to soften the stance of the monetary policy on Wednesday afternoon, aimed at striking a balance between bolstering the...
Global Geo-political Series: Saudi Arabia, Egypt, UAE, and Bahrain sever diplomatic ties with Qatar
Jun 05, 2017 05:14 am UTC| Commentary
The Recent war of words between some of the Arab allies have burst into a severe diplomatic escalation as key Arab League nations like Saudi Arabia, United Arab Emirates, Bahrain, and Egypt have severed diplomatic ties...
Australian bonds jump on expectations of softer Q1 GDP; investors await RBA’s policy decision
Jun 05, 2017 05:07 am UTC| Commentary Economy
The Australian bonds started the week on a strong note, following expectations of a softer gross domestic product (GDP) of the country in the first quarter of this year and as investors wait to watch the Reserve Bank of...
FxWirePro: The Day Ahead- 5th June 2017
Jun 05, 2017 04:09 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: TD Securities inflation gauge is up 2.8 percent y/y in May. Companies gross...

Commodities snapshot (precious & industrial)
Jun 02, 2017 13:30 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is sharply higher after NFP report shows lesser numbers of people added in payroll around 138,000. Todays range...

Jun 02, 2017 13:00 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI declined more than 2 percent this week. Sharply down for the week so far. Todays range $46.7-48.2 WTI is...

Currency snapshot (commodity pairs)
Jun 02, 2017 12:52 pm UTC| Commentary
Dollar index trading at 96.96 (-0.25%) Strength meter (today so far) Aussie +0.42%, Kiwi +0.84%, Loonie +0.03% Strength meter (since last week) Aussie -0.34%, Kiwi +1.06%, Loonie -0.58% AUD/USD Trading at...