FxWirePro: Hedging baskets in Asian crosses ahead of economic data turbulence
May 17, 2016 13:27 pm UTC| Commentary
The Thai economy grew by 0.9% on a QoQ seasonally adjusted basis in the March quarter of 2016, compared to a 0.8% growth in the previous quarter and above market consensus of a 0.6% expansion, mainly supported by private...
May 17, 2016 13:23 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up on sentiment as Goldman Sachs warns of deficit in oil market due to supply cut and outages. Todays...
Commodities snapshot (precious & industrial)
May 17, 2016 13:14 pm UTC| Commentary
Metal pack is up today. Performance this week at a glance in chart table - Gold Gold is marginally down today, consolidating ahead of tomorrows FOMC minutes. Todays range $1268-1281 Gold is currently...
U.S. Treasuries slide on firm economic data
May 17, 2016 13:06 pm UTC| Commentary
The U.S. Treasuries slumped on Tuesday as consumer price index ticked higher in April. Firmer U.S housing starts also added to the downfall. The yield on the benchmark 10-year Treasury note which moves inversely to its...
May 17, 2016 13:04 pm UTC| Commentary
Global crude prices have been easing from last week. Front month NYMEX WTI rose to $47.77, while Brent futures dropped by five cents or 0.10% to $48.92 a barrel, after rising as high as $49.47 earlier, the most since early...
USD/JPY likely to move towards 116 by 2016-end
May 17, 2016 12:44 pm UTC| Commentary
The USD/JPY vulnerability continues to be a major factor in FX through April. The pair continues to be on its volatile downtrend, noted Lloyds Bank in a research report. The Japanese yen had depreciated sharply in...
Reserve Bank of India likely to keep policy on hold in June
May 17, 2016 12:31 pm UTC| Commentary
In April, India reported above expected wholesale and retail inflation, whereas March industrial production grown came in below consensus expectation. Declining imports in the country resulted in a narrower trade deficit...
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