
Commodities snapshot (precious & industrial)
Jan 04, 2017 11:50 am UTC| Commentary
Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is gaining some momentum despite a strong dollar. Likely to slide towards $1090 per troy ounce. Todays range $1159-1145 Gold...
Eurozone consumer inflation rises to over 3-year high in December, beats market expectations
Jan 04, 2017 11:50 am UTC| Commentary Economy
Consumer inflation in the eurozone rose to over 3-year high during the month of December, slightly beating what markets had initially anticipated. Eurozones annual inflation rate hit 1.1 percent in December, a sharp...

Currency snapshot (commodity pairs)
Jan 04, 2017 11:40 am UTC| Commentary
Dollar index trading at 102.91 (-0.25%) Strength meter (today so far) Aussie +0.51%, Kiwi +0.42%, Loonie +0.51% Strength meter (since last week) Aussie +1.17%, Kiwi +0.72%, Loonie +0.51% AUD/USD Trading at...

Jan 04, 2017 11:25 am UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is marginally higher today after bid selloff last night. Todays range $52.3-53 With an OPEC and non-OPEC...

Currency snapshot (major pairs)
Jan 04, 2017 11:19 am UTC| Commentary
Dollar index trading at 102.99 (-0.17%) Strength meter (today so far) Euro +0.21%, Franc +0.07%, Yen +0.15%, GBP +0.21% Strength meter (since last week) Euro -0.60%, Franc -0.80%, Yen -0.58%, GBP -0.54% EUR/USD...

Worrisome Signs Series: Real wages in decline thanks to inflation
Jan 04, 2017 10:55 am UTC| Commentary Economy
The US Federal reserve is right to worry onlooming inflation, as higher inflation without compensatory growth would eat away the purchasing powers of the consumers. In addition to that, a higher inflation uptick means that...
UK gilts trade narrowly mixed despite upbeat December construction PMI
Jan 04, 2017 10:54 am UTC| Commentary
The UKgilts traded narrowly mixed Wednesday despite upbeat December construction PMI, which accounts for around 5.9 percent of the countrys gross domestic product (GDP). The yield on the benchmark 10-year gilts, which...