Oil in Global Economy Series

Can WTI end its biggest consecutive daily decline since 2009?

Apr 05, 2016 12:15 pm UTC| Commentary

North American benchmark, West Texas Intermediate (WTI) is up today and trying to end its biggest consecutive daily decline since 2009. Yesterday, it was up in Asian and early European hours, but later turned negative...

Exports growth in Sweden likely to ease slightly in 2016 and 2017

Apr 05, 2016 12:06 pm UTC| Commentary

Global financial market has been uncertain since autumn 2015. The market turmoil reached advanced economies in 2016 resulting in a series of lowering interest rates and sell-offs in stock markets. The market volatility was...

Unemployment spreads likely to narrow across Euro Zone

Apr 05, 2016 11:48 am UTC| Commentary

From this month, additional easing from European Central Banks (ECB) has kicked in and the central bank is now purchasing assets in tune of 80 billion worth of assets roughly from this month onwards. Biggest of the changes...

U.K Gilt yields fall after government bonds auction

Apr 05, 2016 11:38 am UTC| Commentary

The United Kingdom 10-year gilt yield fell 7 bps on Tuesday (the lowest since 1st March) after demand for U.K. government 5-year bonds rose to the highest since 2013 at an auction of the securities. The U.K government...

Finnish private consumption growth to be very moderate in 2016, 2017

Apr 05, 2016 11:35 am UTC| Commentary

Private consumption in Finland has been surprisingly strong given the prolonged weakness in the economy. Private consumption expanded 1.4% in 2015, while economic growth as a whole grew just 0.5%. Consumers are being...

Australia’s trade deficit to narrow slightly in H2 2016

Apr 05, 2016 11:27 am UTC| Commentary

In February, Australias trade deficit widened to AUD 3.4 billion, while Januarys deficit was revised to AUD 3.2 billion from AUD 2.9 billion. Over the past year, Australias trade deficit was revised a cumulative AUD 2.4...

FxWirePro: Gold may drop to $1130 area if fails to break higher

Apr 05, 2016 10:51 am UTC| Commentary

Gold bulls are facing critical test at this point, to break above or break below. Our previous call, to buy gold at $1200/troy ounce with $1180 stop loss is valid and in profit as gold is trading around $1230/troy ounce...