Oil in Global Economy Series

US crude oil production likely to reach multi-decade high by December, says Barclays Research

Mar 28, 2017 07:32 am UTC| Commentary Economy

Rising oil prices resulting from the OPEC deal have breathed new life into the US EP sector, which is likely to complicate OPECs decision in May. If production growth exceeds expectations, it could threaten to undo the...

FxWirePro: FTSE100 long call review

Mar 28, 2017 07:08 am UTC| Commentary

In April last year, we at FxWirePro suggested to our readers that the UKs benchmark stock index, FTSE100 which was then trading at 6320 that it might be aiming for 7000 mark in an article named, FxWirePro: FTSE may be...

JGBs trade mixed ahead of February retail sales, consumer inflation

Mar 28, 2017 06:26 am UTC| Commentary Economy

The Japanese government bonds traded mixed Tuesday as investors remain keen to watch the countrys February retail sales as well as consumer price inflation data, scheduled to be released on March 29 and 31...

FxWirePro: Down suffers longest losing streak since 2011; bullish outlook intact

Mar 28, 2017 06:14 am UTC| Commentary

The US benchmark stock index, Dow Jones Industrial Average (DJIA) has suffered its longest daily losing streak since 2011 as it declined for eight consecutive days. The blue chip stock index fell for an eighth consecutive...

Central Banking Series

PBoC likely to raise money market rates again, keep benchmark rates unchanged: Scotiabank

Mar 28, 2017 05:45 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to raise the money market rates again, if needed, while keeping the benchmark interest rate unchanged. The central bank will maintain medium- and long- term funding costs...

Fundamental Evaluation Series

Fundamental Evaluation Series: S&P 500 valuation based on oil price

Mar 28, 2017 05:42 am UTC| Commentary

Defying pundits, the US benchmark stock index SP 500 rose sharply after the Republican candidate Donald Trump secured victory in the November 8th election. Despite the recent correction, the stock index is up by almost 10...

New Zealand bonds disappoint tracking weak U.S. Treasuries

Mar 28, 2017 05:25 am UTC| Commentary Economy

The New Zealand bonds disappointed Tuesday, tracking weakness in the U.S. counterpart and as investors moved away from safe haven assets amid gains in riskier classes including equities and oil. In intraday trade, the...