Oil in Global Economy Series: Will US SPR sale impact crude price in 2017?
Jan 03, 2017 09:26 am UTC| Commentary
In late December, United States Department of Energy (DOE) announced that it would start selling crude oil from the Strategic Petroleum Reserve (SPR) in 2017 as directed by the laws passed by congress. The sale of oil...
Oil in Global Economy Series: Two factors suppressing oil price post OPEC deal
Jan 03, 2017 08:49 am UTC| Commentary
The North American oil benchmark, WTI rallied around 19 percent since the members of the OPEC sealed a production cut deal on November 30th. However, for some of the members of the OPEC, the current $54 per barrel oil...
German bunds trade nearly flat ahead of CPI data; T-note/Bund yield spread narrows to 225bps
Jan 03, 2017 08:12 am UTC| Commentary
The German bunds traded nearly flat Tuesday in thin trading activity during a relatively quiet session as investors awaited consumer inflation and December unemployment data, scheduled to be released on January 3. The...

FxWirePro: 2017 is likely to be a good year for Indian bonds, 10-year yields to fall to 6 pct
Jan 03, 2017 07:12 am UTC| Commentary Insights & Views
The Indian 10-year sovereign bond yields are expected fell to 6 percent in 2017 on rising speculation that the Reserve Bank of India (RBI) will lower its repo rate by 25 basis points to 6 percent in its next month monetary...
Oil in Global Economy Series: Can shale be a rally spoiler?
Jan 03, 2017 06:59 am UTC| Commentary
With an OPEC deal, as well as an N-OPEC deal were done in late 2016, many expect a major rebound in oil prices in 2017, when the actual production cuts trigger in. According to the deals, members of OPEC and N-OPEC...
JGBs likely to trade narrowly mixed ahead of 10-year auction; investors eye month end BoJ decision
Jan 03, 2017 06:14 am UTC| Commentary
The Japanese government bonds are expected to trade narrowly mixed ahead of 10-year JGB auction. Major markets are back today all over the Asian centres except for New Zealand and Japan. The market will open on Wednesday,...
FxWirePro: The Day Ahead- 3rd January 2017
Jan 03, 2017 05:15 am UTC| Commentary
Sizable numbers of economic data and events scheduled for today and all with low to medium risks associated. Data released so far: China: Caixin manufacturing PMI for December improved to 51.9 from 50.9 in the...