
Chart of the Day: China bleeds treasuries
Dec 02, 2016 19:49 pm UTC| Commentary Economy
This chart from bond vigilantes shows, how the treasury holdings by Peoples Bank of China has declined to a four-year low amid increasing yields in the United States. Given the increasing interest rates in China,...
UK Construction PMI continues expansion in Nov, raises optimism for near-term outlook
Dec 02, 2016 16:49 pm UTC| Commentary Economy
The UK construction sector expanded further in November to hit an 8-month high. Business activity and new orders increased at the fastest pace since March and there was a sharp deterioration in supplier performance as...
Eurozone PPI beats expectations in October, monthly pace of rise fastest in 4 years
Dec 02, 2016 15:58 pm UTC| Commentary
Data released by Eurostat on Friday showed that Euro zone producer prices rose by their highest amount in more than four years in October as energy prices increased during the month. Prices at factory gates in the 19...
Norway's unemployment rises for second straight month, probability still low for rate cut in Dec
Dec 02, 2016 15:27 pm UTC| Commentary
Norways unemployment rate for the month of November saw a slight decline as expected by economists. After several months of decline in the number of unemployed November was the second consecutive month to see...
Czech Q3 GDP rises by 0.2 pct q/q, supported by household consumption
Dec 02, 2016 15:15 pm UTC| Commentary Economy
Czech economy growth continued to grow in Q3 2016 on rapidly growing household consumption supported by investment growth which was the main growth factors. Growth in Q3 was still slower pace than in the previous...
OPEC deal unlikely to boost oil prices in 2017 - Fitch
Dec 02, 2016 14:54 pm UTC| Commentary
Ratings agency Fitch cheered the OPEC deal but at the same time warned that it may not cause a major lift to oil prices. The agency said that prices are unlikely to move much higher than they are now, expecting them to...

Commodities snapshot (precious & industrial)
Dec 02, 2016 14:24 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is down as the non-farm payroll best expectations. Todays range $1166-1178 We expect gold to reach $1520. Gold might reach...
Trump Says Ukraine Peace Deal ‘Closer,’ But Key Disputes Remain Unresolved