U.S. producer prices likely to continue to rise in months ahead
Apr 09, 2018 16:12 pm UTC| Commentary
U.S. producer prices have been rising. In February, producer inflation had risen 0.2 percent to a year-on-year rate of 2.8 percent. Services inflation mainly drove the rise in February, as goods prices dropped down. Food...
U.S. basic material sector hints at rapid output growth in March
Apr 09, 2018 16:10 pm UTC| Commentary
The latest U.S. Sector PMI data showed that the basic materials sector hinted at a more rapid output growth in March. Furthermore, the pace of growth was sharp overall and the second-fastest in three years. Even if the...
Indian headline consumer price inflation likely to have moderated in March
Apr 09, 2018 13:46 pm UTC| Commentary
Indian March inflation and February industrial production figures are set to be released this week. According to a DBS Bank research report, the headline consumer price inflation is likely to have moderated to 4.1 percent...

Commodities snapshot (precious & industrial)
Apr 09, 2018 11:28 am UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold gave up gains as risk aversion fades. Todays range $1335-1326 Gold is currently trading at $1328/troy ounce....
U.S. Treasuries plunge ahead of short-term 3-year auction, March producer price index
Apr 09, 2018 11:27 am UTC| Commentary Economy
The U.S. Treasuries plunged Monday ahead of the short-term 3-year note auction and the producer price index (PPI) data, scheduled to be released on April 10 by 17:00GMT and 12:30GMT respectively. The yield on the...

Apr 09, 2018 11:25 am UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price is declining from key resistance amid geopolitical tensions. Todays range - $62.4-$61.9 WTI is...

Currency snapshot (commodity pairs)
Apr 09, 2018 11:13 am UTC| Commentary
Dollar index trading at 90.19 (+0.03%) Strength meter (today so far) Aussie -0.13%, Kiwi +0.54%, Loonie -0.16% Strength meter (since last week) Aussie -0.13%, Kiwi +0.54%, Loonie -0.16% AUD/USD Trading at...