BOC monetary policy decision: Assessing future bias
Apr 19, 2018 14:26 pm UTC| Commentary Central Banks
Bank of Canada (BOC) at yesterdays meeting chose to keep the policy rates unchanged at 125 basis points (bps), after three rate hikes since 2017. The overnight lending rate is at 125 bps, the bank rate is at 150 bps and...
U.S. initial jobless claims fall in mid-April
Apr 19, 2018 14:25 pm UTC| Commentary
U.S. initial jobless claims continue to be in line with low rates of job separation and healthy labor market conditions. In the week ended 14 April, jobless claims fell 1000 to 232k, consistent with consensus expectations...

Apr 19, 2018 14:04 pm UTC| Commentary
We at FxWirePro have been short on the dollar for quite some time now and in terms of profits, it has been a very successful one. In early 2017, we forecasted that the dollar index like to decline from the then...
Bank Indonesia keeps key interest rate on hold at 4.25 pct
Apr 19, 2018 13:46 pm UTC| Commentary Central Banks
Indonesian central bank kept its key interest rate on hold today. The 7-day policy reverse repo rate remained at 4.25 percent. The central banks narrative did not change much. It continued to project 2018 GDP growth at 5.1...
Global Geopolitical Series: Russia says militants blocking OPCW inspectors from chemical attack site
Apr 19, 2018 13:33 pm UTC| Commentary
As the UN team of inspectors came under gunfire earlier this week while trying to access the site of the alleged chemical attack, Russian Deputy Foreign Minister Mikhail Bogdanov has accused the militants of blocking OPCW...

FxWirePro: U.S. Natural gas inventory preview
Apr 19, 2018 13:10 pm UTC| Commentary
Natural gas is currently trading at $2.73 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...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA
Apr 19, 2018 12:34 pm 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...