Canada’s manufacturing sales rebound robustly in November
Jan 19, 2018 18:44 pm UTC| Commentary
Canadas manufacturing sales recovered robustly in November. After a pullback in October, manufacturing sales grew a solid 3.4 percent in November. In real terms, sales volume rose 2.5 percent in the month. Most of the gain...
U.K. retail sales decline in December, CPI inflation likely to drift lower in coming months
Jan 19, 2018 18:09 pm UTC| Commentary
U.K. Retail sales came in weak in December after months of resilience. Retail sales dropped 1.5 percent in the month, below consensus expectations of a decline of 1 percent. Ahead of todays release, surveys of retail...
Chinese housing market positivity likely to fade in 2018
Jan 19, 2018 16:50 pm UTC| Commentary
The Chinese economy is witnessing solid growth and low inflation. This year, the housing market is expected to slow down to turn sentiment less positively. Both domestic and external demand has been favorable and this...
Central Bank of Russia may cut interest rate by 25 bps in February
Jan 19, 2018 14:14 pm UTC| Commentary
The Central Bank of Russias head of monetary policy department, Igor Dmitriev, stated that the Russian central bank is considering lowering rates by additional 25 basis points during its next policy meeting in February,...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA
Jan 19, 2018 14:05 pm UTC| Commentary
Here are some key charts based on data from United States Energy Information Agency (EIA) that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production in the United...

Commodities snapshot (precious & industrial)
Jan 19, 2018 13:48 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold remains elevated over U.S. government shutdown and a weaker dollar. Down this week after 5 consecutive weekly bull run....

Jan 19, 2018 13:44 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price remains elevated over geopolitical tensions surrounding Iran and Venezuela and as inventories slide....