German bunds climb after Eurozone’s April consumer price inflation disappoints market participants
May 03, 2018 09:55 am UTC| Commentary Economy
The German bunds climbed Thursday after the eurozones consumer price inflation index for the month of April disappointed market participants, missing consensus estimates as well as the prior reading. The German 10-year...

Australia’s trade balance improves in March, likely to provide solid contribution to Q1 GDP
May 03, 2018 08:31 am UTC| Commentary Economy
Australias trade balance improved in March to a surplus of AUD1,527 million, while Februarys surplus was revised higher to AUD1,349 million. Non-monetary gold was the biggest riser for both exports and imports, but in net...
May 03, 2018 07:36 am UTC| Commentary Economy
The United States dollar index is expected to pare some gains and pull back amid the prospect of the European Central Banks (ECB) tapering announcement, according to the latest research report from Scotiabank. The odds...

FxWirePro Call Review: GBP/USD nears 1.354 short-term target; further decline possible
May 03, 2018 06:31 am UTC| Commentary
In Late January, in an article named, FxWirePro: Sell pound targeting 1.376 against dollar, available at https://www.econotimes.com/FxWirePro-Sell-pound-targeting-1376-against-dollar-1122287 we warned that the recent...
FOMC Monetary Policy May 2018: Assessing future bias from statement
May 03, 2018 06:16 am UTC| Commentary Central Banks
As expected, the policymakers at FOMCmade no changes to the monetary policy at yesterdays meeting. Current Federal funds rate target 150-175 basis points. Lets first assess the bias in monetary policy statement...
New Zealand bonds jump at close tracking U.S. Treasuries after Fed leaves interest rates steady
May 03, 2018 06:05 am UTC| Commentary Economy
New Zealand bonds jumped at the time of closing Thursday, tracking similar movement in the U.S. Treasuries in the overnight session after the Federal Reserve remained on hold at its monetary policy meeting concluded...

FxWirePro: U.S. Natural gas inventory preview
May 03, 2018 06:05 am UTC| Commentary
Natural gas is currently trading at $2.77 per MMBtu. Key factors at play in the natural gas market Natural gas is looking to recover grounds, after finding support around $2.5 area once more. NATO sanctions on...