
FxWirePro: Brent WTI spread reaches highest in 41 months; further rise likely
Jun 05, 2018 10:53 am UTC| Commentary
As the market turns its focus on tighter oil supplies from the Middle East amid heightened tensions surrounding Iran nuclear Agreement and Palestine Peace proposal and abundant oil supplies from the United States, the...

FxWirePro: WTI likely to decline towards $53 per barrel as hot money evaporates
Jun 05, 2018 10:23 am UTC| Commentary
After reaching as high as $72.9 per barrel, WTI has declined steadily to $64.5 per barrel as of today. While the selloff was triggered by Saudi Arabia and Russia announcing that they are considering an increase in the...

FxWirePro Call Review: Euro likely to test 1.2 area on a weaker dollar; book partial profits
Jun 05, 2018 09:51 am UTC| Commentary
In March this year, we have called on our readers to go short in the euro, at the then current rate of 1.218 against the USD with a target of 1.17 area....
Apple Co-Founder Steve Wozniak urges for ‘Bitcoin As Globally Accepted Currency’
Jun 05, 2018 08:36 am UTC| Research & Analysis Digital Currency Insights & Views Fintech Commentary
Apple co-founder Steve Wozniak doesnt seem to be convinced that bitcoin would supersede national currencies to become a de facto global currency, but he says that he hopes this will one day be the case. He said to CNBC...
Australia Q1 GDP likely to have risen 0.9 pct q/q, 2.8 pct y/y: ANZ Research
Jun 05, 2018 07:54 am UTC| Commentary Economy
Australias gross domestic product (GDP) for the first quarter of this year is expected to have risen a strong 0.9 percent q/q.This follows a rise of 0.4 percent q/q in Q4 and would see annual growth pick up to 2.8 percent....
Australia Q1 GDP likely to have risen 0.9 pct q/q, 2.8 pct y/y: ANZ Research
Jun 05, 2018 07:54 am UTC| Commentary Economy
Australias gross domestic product (GDP) for the first quarter of this year is expected to have risen a strong 0.9 percent q/q.This follows a rise of 0.4 percent q/q in Q4 and would see annual growth pick up to 2.8 percent....

FxWirePro: Dollar index likely to correct towards 92.5 area
Jun 05, 2018 06:54 am UTC| Commentary
The dollar index has reached several of our short-term bullish target, https://www.econotimes.com/FxWirePro-Call-Review-Book-partial-profits-as-Dollar-index-reaches-target-target-extended-further-1322646) However, after...