Currency snapshot (commodity pairs)
Feb 02, 2016 14:25 pm UTC| Commentary
Dollar index trading at 98.9 (-0.17%) Strength meter (today so far) - Aussie -0.71%, Kiwi -1.1%, Loonie -0.81% Strength meter (since last week) - Aussie -0.44%, Kiwi -0.12%, Loonie -0.73% AUD/USD - Trading at...
Feb 02, 2016 14:05 pm UTC| Commentary
Energy pack is red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is back falling as glut concern came back to focus. Todays range $30.1-31.5 WTI is currently trading at $30.2/barrel. Immediate...
Feb 02, 2016 13:58 pm UTC| Commentary
Equities are all red in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...
Commodities snapshot (precious & industrial)
Feb 02, 2016 13:38 pm UTC| Commentary
Metal pack is red today. Performance this week at a glance in chart table - Gold - Gold failed to gain on the back of equities slide. Todays range $1123-1130 Gold is currently trading at $1125/troy ounce. Immediate...
South Korea’s credit rating stable despite geo-political risks from North Korea
Feb 02, 2016 12:47 pm UTC| Commentary
Rating agency Fitch has affirmed the rating of South Korea and kept the outlook stable, while many have been expecting credit downgrade amid geo-political risks arising from North Korea, economic weakness, thanks to...
China’s real GDP growth likely to decelerate to 6.4% in 2016
Feb 02, 2016 12:26 pm UTC| Commentary
Chinese economy is seen as a crucial source for global economic growth. Growing concerns over the economy will hurt investor sentiments as they will be wary on volatility in financial market conditions and challenges...
ECB alone can’t fight employment fragmentation in member states
Feb 02, 2016 12:19 pm UTC| Commentary Central Banks
Latest unemployment report released from Eurostat for December month, show employment improved to levels last seen during 2011. Overall unemployment rate in the region dropped to 10.4%, which is a remarkable improvement,...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.