Currency snapshot (major pairs)
Jul 15, 2016 12:53 pm UTC| Commentary
Dollar index trading at 96.2 (+0.09%) Strength meter (today so far) Euro +0.06%, Franc +0.04%, Yen -0.81%, GBP -0.2% Strength meter (since last week) Euro +0.60%, Franc +0.18%, Yen -5.32%, GBP +3.01% EUR/USD...
Norges Bank likely to ease policy on subdued growth outlook
Jul 15, 2016 12:49 pm UTC| Commentary Central Banks Economy
Norways central bank, Norges Bank, is banking on an expansionary monetary policy, owing to subdued growth outlook. The Norwegian central bank has cut its key interest rate by 100 basis points to current 0.5 percent since...
FxWirePro Commodities Watch (Meats):
Jul 15, 2016 12:26 pm UTC| Commentary
In this Commodities Watch, we present to our readers, the performance of commodities, which in turn decide the wellbeing of many commodity producing and consuming nations. For example, India is a major consumer of oil, so...
Brazilian economy likely shrank significantly in Q2 on weak trade
Jul 15, 2016 12:18 pm UTC| Commentary Economy
Brazils data releases on growth indicators imply that the economy is likely to have shrunk at a considerable rate in the second quarter as well. Furthermore, observing closely at the recent retail sales and trade numbers,...
North America’s consumer spending likely to witness demographic change
Jul 15, 2016 11:55 am UTC| Commentary Economy
The province of North America has long benefitted from consumer spending, accounting for a majority of the regions gross domestic product. While consumption spending contributed to more than two-thirds of the US economy,...
FxWirePro Commodities Watch (Grains and Oilseeds):
Jul 15, 2016 11:48 am UTC| Commentary
Understanding commodities are vital to gauge the performance of other asset classes such as bonds, equities, and even currencies. Since, 2014, any regular follower of financial markets would be able to recall that how...
USD/CNY likely to trade around 6.65 by 2016-end
Jul 15, 2016 11:47 am UTC| Commentary
It seems that China has carried out some sort of policy easing by weakening the yuan in the first half of 2016. Even if the pressure on capital outflows has alleviated, the Chinese yuan has depreciated considerably against...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects