U.S. Treasuries remain narrowly mixed ahead of 10-year auction, FOMC member Bullard’s speech
Feb 08, 2017 11:46 am UTC| Commentary
The U.S. Treasuries traded narrowly mixed Wednesday ahead of the 10-year auction, scheduled to be held later in the day. Also, investors are awaiting the Federal Open Market Committee (FOMC) member James Bullards speech...
Currency snapshot (major pairs)
Feb 08, 2017 11:45 am UTC| Commentary
Dollar index trading at 100.62 (+0.18%) Strength meter (today so far) Euro -0.30%, Franc -0.15%, Yen +0.11%, GBP -0.09% Strength meter (since last week) Euro -1.14%, Franc -0.75%, Yen +0.13%, GBP +0.05% EUR/USD...
US under Trump Series: China and Iran complex Russia-US relation
Feb 08, 2017 11:36 am UTC| Commentary
The US President Donald Trump has fought with almost every news anchor, every media and all the liberal politicians to assert his view that restoration of the relations between Russia and the United States is a good thing,...
Bank of Mexico likely to hike key interest rate by 50 bps in February
Feb 08, 2017 11:20 am UTC| Commentary
The Bank of Mexico is likely to hike its key interest rate on Thursday due to the worsening inflation outlook. According to a Societe Generale research report, the Banxico is expected to raise the overnight rate by 50...
RBNZ likely to stand pat on policy today
Feb 08, 2017 11:03 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 20:00 GMT. Over the past year or so, RBNZ has reduced rates from 3.5 percent to 1.75 percent, which is an all-time low, however, the bank is...

Oil in Global Economy Series: Great convergence in US
Feb 08, 2017 10:36 am UTC| Commentary
This chart shows what we at FxWirePro are calling the great convergence and we expect to be one of the most crucial factors going ahead. Three data are plotted here, The net imports of crude oil and petroleum...
German imports, exports seem to have dropped in December
Feb 08, 2017 10:13 am UTC| Commentary
German imports and exports are likely to have dropped in December. According to a Societe Generale research report, exports are expected to have fallen 2.6 percent sequentially, whereas imports are likely to have dropped...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood