Euroarea’s construction grows sequentially in November
Jan 18, 2017 12:28 pm UTC| Commentary
Production in euro areas construction sector rose in November. On a seasonally adjusted basis, the currency blocs construction output rose 0.4 percent sequentially, according to first estimates from Eurostat. On a...
FOMC members seem optimistic over 3 interest rates hike in 2017
Jan 18, 2017 12:15 pm UTC| Economy Commentary Central Banks
The United StatesFederal Reservespeakers weeks have delivered a hawkish tone overall, with three voting members this year (Harker, Evans and Brainard ) suggesting that three quarter-point hikes in rates over the course of...
U.S. Treasuries plunge on expectations of upbeat CPI, Yellen’s speech in focus
Jan 18, 2017 12:14 pm UTC| Commentary
The U.S. 10-year Treasuries plunged Wednesday, following expectations of an upbeat consumer price inflation data, scheduled to be released Wednesday by 13:30GMT. Also, investors are now looking forward to a speech by the...

Commodities snapshot (precious & industrial)
Jan 18, 2017 12:10 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: As expected the gold price is struggling in the resistance zone that ranges from $1195 to $1220. It is marginally down on strong...
U.K. housing market recovery likely to have continued in December
Jan 18, 2017 12:07 pm UTC| Commentary
The U.K. housing market is expected to have continued recovering in December. The shock of Brexit was evidently felt in the housing market; however, just as with the rest of the economy, the housing market showed a solid...

Jan 18, 2017 12:06 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today as hedgers continue to add pressure in the market amid lack of speculative buying. Todays range...

Currency snapshot (commodity pairs)
Jan 18, 2017 12:00 pm UTC| Commentary
Dollar index trading at 100.66 (+0.40%) Strength meter (today so far) Aussie -0.20%, Kiwi -0.28%, Loonie -0.31% Strength meter (since last week) Aussie +0.84%, Kiwi +1.15%, Loonie +0.52% AUD/USD Trading at...