
Currency snapshot (commodity pairs)
Oct 17, 2016 12:47 pm UTC| Commentary
Dollar index trading at 97.94 (-0.18%) Strength meter (today so far) Aussie -0.01%, Kiwi +0.56%, Loonie -0.12% Strength meter (since last week) Aussie -0.35%, Kiwi -1.19%, Loonie -0.61% AUD/USD Trading at...

Currency snapshot (major pairs)
Oct 17, 2016 12:41 pm UTC| Commentary
Dollar index trading at 97.95 (-0.16%) Strength meter (today so far) Euro +0.22%, Franc +0.13%, Yen -0.10%, GBP -0.17% Strength meter (since last week) Euro +0.22%, Franc +0.13%, Yen -0.10%, GBP -0.17% EUR/USD...
U.S. existing home sales likely rebounded in September
Oct 17, 2016 12:38 pm UTC| Commentary
U.S. existing home sales are expected to have recovered in September. In the previous month, sales dropped 0.9 percent as a 2.3 percent decline in single-family sales was greatly countered by a sharp rise of 10.5 percent...
U.S. 10-year bond yields rise to highest in 5 months on Yellen’s hawkish comments
Oct 17, 2016 12:32 pm UTC| Commentary
The U.S. 10-year Treasury yields hit highest in last five months Monday following hawkish comments from the Federal Reserve Chair Janet Yellen. Also, investors sell off treasuries as rebound in Chinese inflation data eased...
USD/RUB likely to trade around 64 by end-2016, 62 by end-2017
Oct 17, 2016 12:18 pm UTC| Commentary
The Russian ruble was increased to new year-to-date highs against the U.S. dollar by more than a higher crude oil price. Renewed attempts by the Russian government regarding privatization have alleviated the burden on the...
Global Geo-political Series: Turkey shows how the West loses its global influence
Oct 17, 2016 12:02 pm UTC| Commentary
We are witnessing the beginning of the end of the previous world order and 2016 could very well be remembered in history when this change became apparent. The global geopolitical balance is tilting and this time against...

IMF remains wary on medium-term outlook of advanced economies, sees financial risks in China
Oct 17, 2016 11:53 am UTC| Commentary Economy
The International Monetary Fund (IMF) has remained wary over the medium-term growth outlook of advanced economies, besides, foreseeing financial risks in China, at the IMFs annual meeting. The forecast of financial risks...