
FxWirePro: Key charts explaining crude oil inventories and production report of EIA
May 03, 2018 05:59 am UTC| Commentary
Here are some key charts based on data from United States Energy Information Agencys (EIA) latest report that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production in...
FxWirePro: The Day Ahead- 3rd May 2018
May 03, 2018 05:06 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: March trade balance came at $1.527 billion. Building permits grew 2.6 percent...
FxWirePro: Asian markets in red, gold slightly up
May 03, 2018 04:57 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,310 mark while silver was trading around $16.40 mark. Japanese banks will be closed in observance of Constitution...
May 03, 2018 04:51 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is not expected to adopt any changes in its outlook for the Overnight Cash Rate (OCR) in its monetary policy meeting scheduled next week; but if there is a change, it will be in the...
May 03, 2018 04:51 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is not expected to adopt any changes in its outlook for the Overnight Cash Rate (OCR) in its monetary policy meeting scheduled next week; but if there is a change, it will be in the...
Australian bonds trade nearly flat in subdued session; markets await RBA's monetary policy statement
May 03, 2018 03:08 am UTC| Commentary Economy
Australian government bonds traded nearly flaton Thursdayas investors stayed sidelined amid a lack of any major news. However,FridaysReserve Bank of Australia (RBA) policy statement will be closely watched to judgefuture...

US ADP Report: Report points to strong U.S. economy and weakness in services sector
May 02, 2018 12:31 pm UTC| Commentary
Today ADP employment numbers were released from the US for the month of April. ADP number shows the US labor markets remains strong. There are two things to note in the headline that, ADP report indicates...