FxWirePro: Brent might correct towards $62 per barrel
Feb 06, 2018 14:22 pm UTC| Commentary
After reaching a peak of $71.25 per barrel, the global oil benchmark Brent crude has declined over the past two weeks and is currently trading at $66.7 per barrel. Since 2016, Brent has reached several of our bull side...
German factory orders rise sequentially in December
Feb 06, 2018 14:20 pm UTC| Commentary
German factory orders rose in the month of December on a sequential basis. Based on provisional data, the Federal Statistical Office reported that the price-adjusted new orders in manufacturing rose 3.8 percent...
U.S. under Trump Series: Reports of 2nd dossier indicates corruption at State department
Feb 06, 2018 13:52 pm UTC| Commentary
The memo written by Congressmen Trey Gowdy and Devin Nunes based on confidential information has already revealed that it wasnt Russia but Americas own Foreign Bureau of Investigation (FBI) and the Department of Justice...
Feb 06, 2018 13:34 pm UTC| Commentary Economy
Philippine headline inflation came in above consensus expectations in January. The consumer price inflation accelerated to 4 percent from Decembers 3.3 percent. Projections were for inflation to come in at 3.5 percent. On...
Global Geopolitical Series: Putin & Rouhani confirms commitment to JCPOA
Feb 06, 2018 13:22 pm UTC| Commentary
Russian President Vladimir Putin held a telephonic conversation with the Iranian President Hassan Rouhani and discussed a range of issues such as Palestine Peace Process, the crisis in Yemen, and the Joint Comprehensive...
Australian retail sales grow strongly year-on-year in December
Feb 06, 2018 12:46 pm UTC| Commentary
Australian retail sales dropped in December on a sequential basis, reflecting payback from the iPhone and Black Friday related strength in the earlier month. Sales fell 0.5 percent sequentially, widely consistent with the...

FxWirePro Call Review: DAX might face sharp selloff if key support breaks around 11800
Feb 06, 2018 12:19 pm UTC| Commentary
Last two weeks selloff in the global stock markets has badly hit our bullish call on DAX/ GER30 (for CFDs). The index (GER30) has declined from 13600, in less than three weeks ago to 12355 as of today. In the past 10 days...