
Currency snapshot (commodity pairs)
Mar 02, 2017 12:13 pm UTC| Commentary
Dollar index trading at 101.98 (+0.21%) Strength meter (today so far) Aussie -0.62%, Kiwi -0.21%, Loonie -0.15% Strength meter (since last week) Aussie -0.59%, Kiwi -0.1.36%, Loonie -2.17% AUD/USD Trading at...
U.S. Treasuries under renewed pressure on expectations of drop in initial jobless claims
Mar 02, 2017 12:02 pm UTC| Commentary
The U.S. Treasuries came under renewed pressure Thursday, following expectations of a drop in the countrys initial jobless claims, scheduled to be released later in the day. Further, in reaction to increased market...

Currency snapshot (major pairs)
Mar 02, 2017 12:02 pm UTC| Commentary
Dollar index trading at 101.98 (+0.21%) Strength meter (today so far) Euro -0.06%, Franc -0.11%, Yen -0.12%, GBP +0.09% Strength meter (since last week) Euro -0.29%, Franc -0.59%, Yen -2.00%, GBP -1.37% EUR/USD...

USD Libor reaches 8-year high on hawkish FOMC
Mar 02, 2017 11:35 am UTC| Commentary Central Banks
The cost of funding in US dollar reached the highest level since April 2009 as the interest rate reached just below 1.1 percent yesterday. The cost for banks to borrow in US dollar jumped by the most yesterday since...
Oil in Global Economy Series: Is Saudi Arabia bypassing OPEC deal?
Mar 02, 2017 10:52 am UTC| Commentary
According to data for the month of January, OPEC is in almost full compliance with the deal. It has achieved about 91 percent of its stipulated cuts of 1.2 million barrels per day. Saudi Arabia, the de-facto OPEC leader...
German bunds dive post better-than-expected Eurozone February consumer inflation
Mar 02, 2017 10:11 am UTC| Commentary
The German government bunds dived Thursday after reading the better-than-expected Eurozone consumer price inflation (CPI) during the month of February. Further, theunemployment rate remained steady, creating a mood of...
UK gilts rebound after investors shrug-off modest upswing in February construction PMI
Mar 02, 2017 09:54 am UTC| Commentary
The UK gilts rebounded Thursday after investors largely shrugged off higher-than-expected construction Purchasing Managers Index (PMI) for the month of February. Also, investors will be eyeing the release of services PMI,...