U.S. existing homes sales continue to decline in August, likely to rebound in September
Sep 23, 2016 04:45 am UTC| Commentary
U.S. existing homes sales continued to decline in August and came in below market projections. Home sales dropped 0.9 percent in sequential terms to 5.33 million units, as compared with market expectations of a rise to...

Japan’s manufacturing conditions improve for the first time in 7 months
Sep 23, 2016 04:38 am UTC| Commentary Economy
Manufacturing conditions in Japan improved for the first time in seven months, with the Purchasing Managers Index (PMI) rising above the 50-point mark that separates expansion from contraction. Japans flash...
Australian bonds mixed as investors digest FOMC statement, U.S. jobless claims lowest since April
Sep 23, 2016 04:35 am UTC| Commentary
The Australian government bonds saw mixed performance Friday day as markets continued to digest the September FOMC statement, coupled with relatively mixed United States economic data. The yield on the benchmark 10-year...
FxWirePro: The Day Ahead- 23rd September, 2016
Sep 23, 2016 04:30 am UTC| Commentary Economy
Not many economic dockets scheduled for release today and all with low to medium risks associated. Data released so far: Japan: Nikkei flash manufacturing PMI came at 50.3 Upcoming: France: Second...
Asian markets mixed, gold and silver marginally lower
Sep 23, 2016 03:46 am UTC| Commentary
Asian indices were trading on a mixed note on the last working day of the week. On the other side, gold and silver were trading marginally lower in the early hours of Asia. Gold was trading around $1,334 and silver was...
Sep 22, 2016 22:34 pm UTC| Commentary
Market Roundup US jobless claims dip to 2-month low (252k v 262k forecast) as labor market firms, Continuing claims drop 36k. US home prices +0.5% in July, +5.8% y/y FHFA. U.S. Aug existing homes sales -0.9% v...

Chart of the Day: Men out of work
Sep 22, 2016 16:12 pm UTC| Commentary Economy
This chart shared by zerohedge.comclearly shows how misleading the unemployment rate has been. In one of our article, we argued if the participation rate, which has steadily fallen throughout the recovery, been at the...