German bunds little changed as investors await FOMC July minutes
Aug 17, 2016 10:26 am UTC| Commentary
The German bunds traded nearly flat Wednesday as investors awaited the July Federal Reserve meeting minutes in an attempt to predict the central banks likely step to hike interest rates in the upcoming monetary policy...
Aug 17, 2016 10:03 am UTC| Commentary
The Copper is likely to underperform on rising supply and the slowdown in China. We look ahead for gold to trade higher towards $1,400/oz near-term We kept advocating staying longs in gold futures from last couple...
Eurozone periphery bonds plunge ahead of July FOMC minutes; safe-haven bunds surge
Aug 17, 2016 09:47 am UTC| Commentary
The Eurozone periphery bonds plunged Wednesday as investors remained cautious and sought refuge in the safe-haven German bunds ahead of July FOMC meeting minutes, which trigged a worldwide selloff in lower-rated debt and a...
Oil in Global Economy Series: All word and no cooperation makes OPEC powerless organization
Aug 17, 2016 09:45 am UTC| Commentary
Last week, the financial markets observed exactly how powerful the OPEC is and more specifically its largest producer and exporter Saudi Arabia. Last week on Monday, words got out that the OPEC members would be holding an...
Producer prices in New Zealand rise in Q2 on increased electricity and fuel prices
Aug 17, 2016 09:33 am UTC| Commentary Economy
New Zealands producer prices increased in the second quarter thanks to rise in electricity and fuel prices, according to Statistics New Zealand. Output producer prices rose 0.2 percent in sequential terms, after declining...
Euro area’s final HICP inflation likely to have confirmed flash reading of 0.2 pct in July
Aug 17, 2016 09:28 am UTC| Commentary
Euro areas final HICP inflation for July is likely to have confirmed the flash reading. According to a Societe Generales research report, the final HICP inflation print is expected to have come in the same as the flash...
US headline CPI flat in July; core CPI likely to firm in 2016
Aug 17, 2016 09:25 am UTC| Commentary Economy
US headline CPI came in flat in July in sequential terms, consistent with consensus projections. The softer data is due to drop in energy prices that countered a slightly rise in core inflation. Energy prices fell for the...