
FxWirePro: U.S. Natural gas inventory preview
May 18, 2017 13:32 pm UTC| Commentary
The production of natural gas has declined over the course of 2016, but natural gas inventory had reached record high of 4 trillion cubic feet in the same year, thanks to previous two weak winters, which depleted less...
European Unity in tatters as Brussels vote to take action against Hungary
May 18, 2017 13:11 pm UTC| Commentary
The European Union leaders must be feeling pretty confident after a decisive victory by the pro-EU candidate Emmanuel Macron in the French election as they risked the unity within the European by taking steps against the...
Global Geo-political Series: German-Turkey relations worsen
May 18, 2017 11:53 am UTC| Commentary
While the Turkish President Recep Tayyip Erdogan hailed a new era in relations between the United States and Turkey, the relations with the EU seems to be deteriorating. The relations between the two started deteriorating...
May 18, 2017 11:52 am UTC| Commentary Economy
The U.S. Treasuries gained Thursday, tracking a poor performance of equities overnight and ahead of the countrys initial jobless claims, scheduled to be released later in the day. Financial markets showed a signal risk-off...
Brexit Series: Britain will have to pay for ending free movement, warns Merkel
May 18, 2017 11:07 am UTC| Commentary
While the UK Prime Minister Theresa May who is up for election on June 8th said to implement stricter measures to curb inflows of immigrants, the German Chancellor Angela Merkel has warned that any such move would come at...
UK gilts rally as investors shrug-off wider-than-expected rise in April retail sales
May 18, 2017 10:04 am UTC| Commentary Economy
The UK gilts rallied Thursday as investors largely shrugged off the wider-than-expected rise in the countrys retail sales for the month of April. The yield on the benchmark 10-year gilts, slumped 3 basis points to 1.10...
Global Geo-political Series: Vladimir Putin mocks fake news on Trump sharing classified information
May 18, 2017 09:41 am UTC| Commentary
The Russian president Vladimir Putin makes a mockery of the fake news that the US President Donald Trump passed on sensitive and classified information to the Russian foreign minister Sergei Lavrov during Mr. Lavrovs...