
Currency snapshot (major pairs)
May 11, 2017 12:41 pm UTC| Commentary
Dollar index trading at 99.78 (+0.15%) Strength meter (today so far) Euro -0.15%, Franc +0.01%, Yen +0.38%, GBP -0.52% Strength meter (since last week) Euro -0.43%, Franc -1.52%, Yen -2.24%, GBP -0.67% EUR/USD...
U.S. Treasuries climb ahead of 30-year auction, initial jobless claims
May 11, 2017 12:22 pm UTC| Commentary Economy
The U.S. Treasuries climbed as investors look forward to the 30-year note auction, due to be held later in the day. Also, the countrys initial jobless for today claims and consumer price inflation, due on Friday will...
Global Geo-Political Series: Erdogan to visit Trump to diffuse Kurdish weapon support tension
May 11, 2017 11:33 am UTC| Commentary
Amid rising tensions between the two countries, the Turkish president Tayyip Erdogan will meet his United States counterpart Donald Trump in the White House. The White House press secretary Sean Spicer announced the visit...
UK gilts slip after BoE maintains benchmark interest rate at 0.25 pct
May 11, 2017 11:19 am UTC| Commentary Economy
The UK gilts slipped Thursday after the Bank of England (BoE0 maintained its benchmark Bank Rate at 0.25 percent, hinting that it may need to raise interest rates before late 2019 as markets had been expecting, after...
Fed Hike aftermath Series: Key comments from Rosengren and dashboard update
May 11, 2017 11:16 am UTC| Commentary Central Banks
Boston Federal reserve President Eric Rosengren kept up his hawkish tone in terms of monetary policies, despite a slowdown in the job creation in the month of March and April. Speaking to central Vermont Chamber of...
Another ‘Super Thursday’ courtesy Bank of England
May 11, 2017 10:20 am UTC| Commentary Central Banks
Super Thursday is back. …………… thanks to Bank of Englands (BOE), mega releases and events. Today Bank of England (BOE) will announce its regular monetary policy along with minutes. What...
Global Geo-political Series: EU accused of meddling in Macedonian election
May 11, 2017 10:05 am UTC| Commentary
Once again, its election meddling! According to reports, thousands of protesters in Macedonia have taken it to the street against what they called in European Unions meddling in another countrys election in Europe....