FxWirePro: Anomalies surrounding Aluminum and strategizing to keep price risk on check
Jan 27, 2017 13:50 pm UTC| Commentary Insights & Views
As wintertime pollution surged in Beijing, news reports began circulating that winter production restrictions could spread from the cement and steel industries into aluminum. 30% of aluminum smelting and 50% of alumina...
U.S. Treasuries lose ground on Donald Trump’s fiscal stimulus prospect; 10-year yields hit 2.52 pct
Jan 27, 2017 12:35 pm UTC| Commentary
The U.S. 10-year Treasuries lost ground Friday following President Donald Trumps continued stimulus prospects despite losses in equities and oil. Also, markets remain keen to focus on the upcoming fourth quarter gross...
Euro area inflation likely to have accelerated further to 1.6 pct in January
Jan 27, 2017 12:28 pm UTC| Commentary
Euro areas flash inflation data for January is expected to show that the currency blocs inflation accelerated further in January. According to a Nordea Bank research report, euro area HICP inflation is expected to have...
Dollar index likely to break 115 on Fed rate hike prospects
Jan 27, 2017 12:24 pm UTC| Economy Commentary
The United States dollar index is likely to continue its post-Presidential election merriment even in 2017. We foresee that the dollar index (DXY) will jump above 107 by the first quarter and break April 2002 high of 115...
Italy’s wage inflation marginally slows down in December
Jan 27, 2017 11:12 am UTC| Commentary
Italys coverage rate, which is the share of national collective agreements in force for the wage setting aspects, came in at 49.5 percent in terms of employees and 47.3 percent in terms of the total amount of wages at the...
Sweden’s December year-on-year retail sales weakest since October 2012
Jan 27, 2017 11:11 am UTC| Commentary
Swedens retail trade weakens significantly in December. On a year-on-year basis, Swedish retail sales rose 0.6 percent, a sharp slowdown from Novembers year-on-year 3.8 percent growth. Consensus expectations were for...
Italy’s consumer sentiment index drops in January, business confidence rises
Jan 27, 2017 11:10 am UTC| Commentary
Italys confidence climate fell in January. The consumer survey showed that the countrys confidence sentiment index dropped to 108.8 in January from 110.9, according to Italys official statistics office Istat. The future...
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood