Eurozone economic expansion modest in April
May 04, 2016 13:32 pm UTC| Commentary
Eurozone April final Markit Composite Output Index was confirmed at the earlier flash estimate of 53.0. The reading was a pip below Marchs 53.1 and showed the rate of eurozone economic expansion remained only modest in...

May 04, 2016 13:25 pm UTC| Commentary
Energy pack is green in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up today after two days of consecutive rise. Todays range $43.4-44.6 WTI is currently...
Canadian bonds rally on record trade deficit
May 04, 2016 13:25 pm UTC| Commentary
The Canadian government bonds rallied on Wednesday after merchandise trade deficit unexpectedly widened to a record in March due to weaker exports. The yield on the benchmark 10-year bonds, which moves inversely to its...

FxWirePro: Deploy “Debit Call Spreads” for hedging on scepticism in USD/CHF’s major trend
May 04, 2016 13:19 pm UTC| Commentary Economy
Macroeconomic Fundamentals: Swiss manufacturing PMIs prints upbeat numbers at 54.2 against forecast at 53.6 and previous 53.2. This upbeat number has indicated the economic health and how businesses are likely to...
Bank of Mexico likely to keep policy rate on hold
May 04, 2016 13:12 pm UTC| Commentary
Mexicos inflation in the first quarter surprisingly slowed down. However, with the base effect, inflation is likely to normalize in 2016 and reach the central banks target rate of 3% on average, according to Societe...
U.S. bonds gain on weak non-farm employment
May 04, 2016 12:51 pm UTC| Commentary
The U.S. Treasuries strengthened Wednesday after the data showed weaker-than-expected April ADP non-farm employment change. Also, tumbling crude oil prices drove investors towards safe-haven assets. The yield on the...
Norway’s core inflation likely to remain at 3.3 pct in April, slightly below central bank’s estimate
May 04, 2016 12:32 pm UTC| Commentary
Norway is due to release its inflation data for April on 10 May. Core inflation for the month is likely to come in slightly lower than Norges Banks estimate of 3.4%, according to Nordea Bank. Various food prices are...