Spanish economy slows down in Q3, grows at 0.7 pct, in line with expectations
Oct 28, 2016 14:09 pm UTC| Commentary
According to preliminary data from the National Statistics Institute (INE) on Friday, Spanish economy grew 0.7 percent q/q in Q3, in line with forecasts. The third quarter growth was down from the quarterly growth of 0.8...
FxWirePro: Yen likely to extend loss towards 112 per dollar
Oct 28, 2016 14:07 pm UTC| Commentary
The yen finally lost its bullish mojo as the dollar continues to hammer. The strength of the dollar, we believe is being driven by two major factors; one, the possibility of an imminent rate hike from the US Federal...
French economy returns to growth in Q3, but rise in GDP less-than-expected
Oct 28, 2016 13:32 pm UTC| Commentary
Preliminary official data released by French National Institute for Statistics and Economic Studies showed that Frances gross domestic product rose less-than-expected in the third quarter. Data showed that French GDP rose...

Commodities snapshot (precious & industrial)
Oct 28, 2016 13:31 pm UTC| Commentary
Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is marginally down today and the focus is on FOMC next week. Todays range $1261-1272 We expect gold to reach $1520 Gold is...

Oct 28, 2016 13:10 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today for the week. Todays range $49.1-49.8 Buy WTI targeting $53.5 area. Target extended to...

Currency snapshot (commodity pairs)
Oct 28, 2016 13:02 pm UTC| Commentary
Dollar index trading at 98.65 (+0.03%) Strength meter (today so far) Aussie -0.19%, Kiwi -0.09%, Loonie -0.09% Strength meter (since last week) Aussie -0.33%, Kiwi -0.36%, Loonie -0.52% AUD/USD Trading at...
Oct 28, 2016 12:48 pm UTC| Commentary
The U.S. 10-year Treasury yields hit highest in six months Friday after reading stronger than expected third-quarter gross domestic product (GDP), which increased bets for the Federal Reserve interest rate hike. The...