Eurozone final manufacturing PMI edges higher in October
Nov 02, 2016 14:50 pm UTC| Commentary
Final Markit Eurozone Manufacturing PMI rose to a 33-month high of 53.5 in October, revised higher from a flash estimate of 53.3. Data compare to a reading of 52.6 in September and signalled the steepest rate of...
RBNZ inflation expectations little changed in December quarter, unlikely to deter RBNZ rate cut
Nov 02, 2016 14:18 pm UTC| Commentary
The Reserve Bank of New Zealand (RBNZ) published its latest inflation expectations report for the December quarter which showed inflation expectations have been fairly stable over the last few quarters. The two-year...
New Zealand dairy product prices surge at latest GDT auction on tightening milk supply
Nov 02, 2016 13:59 pm UTC| Commentary
New Zealand dairy product prices saw a surge in the benchmark dairy index at the latest GlobalDairyTrade auction with average selling prices up 11.4 percent to $3,327/tonne. Auction prices rose for the sixth time in seven...
API reports deficit while the market awaits EIA report
Nov 02, 2016 13:39 pm UTC| Commentary
The North American oil benchmark, WTI is faced with heavy selling pressure as doubts emerge over the possibility of an OPEC deal in November. Key factors at play in crude oil market OPEC members have agreed to a...
UK Nationwide house price growth misses forecasts, remains unchanged in October
Nov 02, 2016 13:33 pm UTC| Commentary
Data released by mortgage lender Nationwide on Wednesday showed that UK house prices were unchanged in October after rising in monthly terms each of the previous 15 months. Data showed that British house prices were flat...

Commodities snapshot (precious & industrial)
Nov 02, 2016 13:11 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is testing key resistance at $1300. Todays range $1287-1299 We expect gold to reach $1520 Gold is currently trading at...

Nov 02, 2016 13:01 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is continuing its downside slide as doubts grew over OPEC deal. Todays range $45.8-46.5 Buy WTI targeting...