Australian employment rises strongly in December, unemployment to trend lower in months ahead
Jan 18, 2018 16:33 pm UTC| Commentary
The Australian labor market continues to be strong, with another solid rise in employment seen in December affirming that underlying momentum in the economy stays strong. Employment grew 35k in December, after an upwardly...
Bank of Korea keeps interest rate on hold in January
Jan 18, 2018 14:23 pm UTC| Commentary Central Banks
The South Korean central bank kept its key interest rate on hold during its meeting today. The policy rate was kept unchanged at 1.5 percent, as was expected. Given that the economy is on a strong footing, there is...
CBRT stands pat in January, to maintain tight monetary policy stance
Jan 18, 2018 13:45 pm UTC| Commentary Central Banks
The Central Bank of Turkeys Monetary Policy Committee stood pat during its meeting today. The committee decided to keep the short term interest rates on hold. The Marginal Funding Rate was kept at 9.25 percent and the...
Chinese economic growth accelerates in Q4 2017, likely to trend down in 2018
Jan 18, 2018 12:55 pm UTC| Commentary
The Chinese economic growth accelerated in the fourth quarter, coming in above market expectations. The GDP grew 6.8 percent year-on-year, as compared with the market projections of 6.7 percent. For the whole of 2017, the...

FxWirePro: U.S. Natural gas inventory preview
Jan 18, 2018 11:53 am UTC| Commentary
Natural gas is currently trading at $3.2 per MMBtu. Key factors at play in natural gas market Despite the bomb cyclone in the east coast, the overall demand remains low on an aggregate basis and countrywide,...
API reports withdrawal while market awaits EIA report
Jan 18, 2018 11:46 am UTC| Commentary
Both Brent and WTI is heading higher as inventories decline and over geopolitical tensions in the Middle East. WTI is currently trading at $63.9 per barrel and Brent at $5.4 per barrel premium to WTI. Key factors at...
U.S. Treasuries suffer ahead of initial jobless claims, 10-year TIPS auction
Jan 18, 2018 11:40 am UTC| Commentary Economy
The U.S. Treasuries continued to be beaten Thursday as investors look forward to the countrys weekly initial jobless claims, scheduled to be released today by 13:30GMT, followed by the Philly Fed Manufacturing index, due...