API reports deficit while the market awaits EIA report
Feb 01, 2017 13:38 pm UTC| Commentary
WTI is faced with heavy selling pressure despite full compliance by OPEC members to the agreed deal, partly due to hedging and policy uncertainties in the US, under thenew administration. WTI is currently trading at...

Feb 01, 2017 13:30 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of Janaury. ADP number shows the US labor markets are showing a lot of volatility lately. There are two things to note in the headline...
U.K. construction PMI likely to have dropped in January
Feb 01, 2017 13:00 pm UTC| Commentary
The robust increase in U.K.s construction PMI in December was due to additional rise in housing construction that was consistent with the general rebound seen in other indicators of housing market, but also of a less...
Brazil’s manufacturing conditions deteriorate in January, PMI drops to seven-month low
Feb 01, 2017 12:36 pm UTC| Commentary
Brazils manufacturing industrys business conditions worsened in January. The downturn was witnessed throughout the board. The seasonally-adjusted Markit Brazil manufacturing PMI dropped to a seven-month low of 44 in...
U.S. Treasuries slump ahead of Fed interest rate decision, employment report
Feb 01, 2017 12:21 pm UTC| Commentary
The U.S. Treasuries slumped Wednesday ahead of Federal Reserves first monetary policy meeting of 2017, scheduled to be held later today, followed by the Federal Open Market Committee (FOMC) statement and Fed Chair Janet...
Australian exports likely to have grown strongly in Q4
Feb 01, 2017 11:32 am UTC| Commentary
Australian exports are expected to have increased strongly in December. In the prior month, export values had risen sharply by 8.4 percent. The swing in the trade balance into surplus in the prior month is expected to have...

Feb 01, 2017 11:15 am UTC| Commentary Economy
ADP employment data to be released at 13:15 GMT is todays most vital dockets from US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic strength. What...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood