FxWirePro: ECB monetary policy preview

Jun 06, 2019 10:38 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by a press conference at 12:30 GMT. The meeting is to be held at the ECB headquarter in...

FxWirePro Call Review: Maintain short positions in Silver; enter fresh short at rallies with new extended target

Jun 06, 2019 10:11 am UTC| Commentary

In April, we warned that silver price is likely to move lower, and later that month we forecasted a $14 final target largely due to the The ongoing strength of the U.S. economy and strong USD, Lackluster demand...

Reserve Bank of India cuts policy repo rate by 25 bps, lowers fiscal 2020 GDP growth forecast

Jun 06, 2019 09:51 am UTC| Commentary Central Banks

The Reserve Bank of India cut its key interest rate today by 25 basis points to 5.75 percent, in line with market expectations. The members of the committee voted unanimously to lower the policy repo rate. Moreover, the...

German bunds gain ahead of today’s ECB’s monetary policy meeting; eurozone Q1 GDP meets estimates

Jun 06, 2019 09:33 am UTC| Commentary Economy

The German bunds gained during European session Thursday as investors keep a close eye on the European Central Banks (ECB) monetary policy decision, scheduled to be unveiled today at 11:45GMT. Also, the eurozones gross...

Global Geopolitical Series: All talks point to worsening Sino-American trade dispute

Jun 06, 2019 09:26 am UTC| Commentary Economy

All talks from Beijing and Washington point to the steady deterioration of trade dispute between two worlds biggest trading partners and biggest economies, especially since the Sino-American trade negotiations broke down...

Global Geopolitical Series: Trump toughens tariff talk on third biggest trading partner

Jun 06, 2019 08:24 am UTC| Commentary Economy

Threats of tariffs are about to become reality on Mexico next week, as President Trump indicated that not much of progress is made in talks with Mexico to remove the threat via his Twitter account - Immigration discussions...

Australia’s April trade balance remains broadly unchanged; to show further strength on depreciating AUD, says ANZ Research

Jun 06, 2019 08:01 am UTC| Commentary Economy

Australias strong run of trade balance surpluses continued into April, with the trade balance essentially unchanged from March. Underlying this were increases in both exports and imports. Exports rose on strong growth in...