Brexit Series: Gibraltar hits back at Spanish punishment plan
May 05, 2017 09:23 am UTC| Commentary
Gibraltar is likely to remain an apple of discord over the next two years of negotiations. For the past three hundred years, Spain and Britain have remained at odds over their individual claims on the Gibraltar rock. Right...
May 05, 2017 08:44 am UTC| Commentary Economy
Today April NFP report is to be published at 12:30 GMT from the US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor...
May 05, 2017 08:38 am UTC| Commentary Central Banks Economy
The Bank of Englands (BoE) Monetary policy Committee (MPC) is expected to keep policy unchanged at its May meeting, maintaining a neutral policy bias relative to a market path of interest rates that, compared with...
Oil in Global Economy Series: Russia in favor of extending production cuts
May 05, 2017 08:33 am UTC| Commentary
OPEC leaders, who agreed to a production cut worth 1.2 million barrels per day in November last year are due to set a meeting on May 23rd in their to headquarter in Vienna to decide on whether to extend those cuts or not....
UK Election: Decisive conservative victory in local election
May 05, 2017 08:31 am UTC| Commentary
Things are not looking bright at all for the UKs Labour Party, which suffered a massive setback in the local elections across the United Kingdom. The UK Prime Minister Theresa Mays conservative party made decisive gains...

FxWirePro: Expect Brent crude to dip below $40 per barrel
May 05, 2017 07:44 am UTC| Commentary
The ongoing bloodbath in oil is likely to continue in the weeks and months ahead. In late April, we forecasted that WTI would decline from the then current rate of $49.6 per barrel to $43 per barrel. This weeks big selloff...

FxWirePro call review: Our bull call in copper under threat
May 05, 2017 07:22 am UTC| Commentary
Back in February, when the price of copper was rocketing higher and broke above a crucial support around $2.72 area, we called on our readers in an article named FxWirePro: Buy Copper targeting $3.2 per pound available at...