
Jun 07, 2016 12:42 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI hasbroken above $50 resistance. Todays range $49.4 -50.4 WTI is currently trading at...
US Treasuries steady on subdued trade
Jun 07, 2016 12:34 pm UTC| Commentary
The US Treasuries traded nearly flat on Tuesday as investors receive no more important data or events. Moreover, the future course in bond prices is likely to be ruled by the movements in the crude oil market, which jumped...

Currency snapshot (major pairs)
Jun 07, 2016 12:33 pm UTC| Commentary
Dollar index trading at 93.93 (-0.08%) Strength meter (today so far) Euro -0.15%, Franc +0.22%, Yen -0.20%, GBP +0.85% Strength meter (since last week) Euro -0.16%, Franc +0.61%, Yen -1.11%, GBP +0.54% EUR/USD...
Spain's industrial production stays flat as capital goods rise, consumer durables fall
Jun 07, 2016 12:16 pm UTC| Commentary
Spains April industrial production remained flat as production of capital goods rose amid decline in consumer durables after increasing robustly in March, data released Tuesday showed. Industrial production remained...
Latest polls provide support to pound after stops taken out by fat finger
Jun 07, 2016 12:10 pm UTC| Commentary
ThePound is the main attraction in the FX world today, as it creeps higher against most counterparts and especially against Euro. ThePound is currently trading at 1.457 against Dollar, up 0.8% so far today. It is up 0.9%...
Fiscal policy likely to remain expansionary in South Korea to offset economic slowdown
Jun 07, 2016 11:58 am UTC| Commentary
In the first quarter, the South Korean economic growth slowed to 2.8% on a year-on-year basis from Q4 2015s 3.1% growth. Meanwhile, on a seasonally adjusted basis, the economy grew 0.5% in Q1, as compared with Q4 2015s...
German industrial output recovers on pick-up in investment
Jun 07, 2016 11:56 am UTC| Commentary
German industrial output recovered in April on pick up in investment in the Eurozones largest economy, unveiling signs that the economy is on a growth path despite an atmosphere of pessimism over the possible course of...