FxWirePro Call Review: Copper to remain bearish over longer horizon targeting $1.7 per pound

Jul 11, 2018 10:49 am UTC| Commentary

In early February, we warned our readers that copper could suffer a further decline as it declined steadily in five out of the six weeks since reaching $3.32 area in December. We warned that the next move downwards could...

FxWirePro Call Review: Copper to remain bearish over longer horizon targeting $1.7 per pound

Jul 11, 2018 10:49 am UTC| Commentary

In early February, we warned our readers that copper could suffer a further decline as it declined steadily in five out of the six weeks since reaching $3.32 area in December. We warned that the next move downwards could...

Flatter yield curve, Fed Funds rates close to "neutral" likely to slower pace of tightening in 2019: Wells Fargo Economics

Jul 11, 2018 10:37 am UTC| Commentary Economy

GDP growth looks to have roared back after a soft first quarter. A sharp narrowing in the trade deficit and pickup in consumer spending have propelled the estimate of Q2-GDP to 4.7 percent, according to the latest research...

Global Geopolitical Series: U.S. tariffs likely hit China’s gluttonous commodity appetite

Jul 11, 2018 08:51 am UTC| Commentary Economy

Reports have come out suggesting that the Trump administration, as promised, is preparing for the next round of tariffs on Chinese goods worth $200 billion. The duo has already fired 25 percent tariffs on $34 billion worth...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

EUR/USD likely to trade at around 1.25 by year-end, says Lloyds Bank

Jul 11, 2018 08:23 am UTC| Commentary Economy

The euro has extended its losses against the US dollar, to the tune of almost 6 percent since mid-April (1.24). Political uncertainty in Italy and Germany, a dovish European Central Bank (ECB), hawkish Federal Reserve...

Global Geopolitical Series: NATO summit failure could pave way for U.S. auto-tariffs

Jul 11, 2018 08:12 am UTC| Commentary

President Trump has arrived in Brussels and at his meeting with North Atlantic Treaty Organizations (NATO) leaders and at his first meeting with NATO Secretary General Jens Stoltenberg, President Trump made it clear that...