German economy likely to expand 2.5 pct in 2018 - Commerzbank
Jan 11, 2018 13:42 pm UTC| Commentary
The German Federal Statistical Office had indicated that the German economy expanded by a good 0.5 percent in the fourth quarter on a sequential basis. Thus, the starting point for 2018 continues to be quite robust, noted...

Currency snapshot (major pairs)
Jan 11, 2018 13:41 pm UTC| Commentary
Dollar index trading at 92.10 (-0.27%) Strength meter (today so far) Euro +0.60%, Franc +0.13%, Yen -0.01%, GBP -0.06% Strength meter (since last week) Euro +0.04%, Franc -0.32%, Yen +1.44%, GBP -0.44% EUR/USD...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA
Jan 11, 2018 13:28 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...
Jan 11, 2018 12:58 pm UTC| Commentary
The Peoples Bank of China stated that it conducted CNY 60 billion of seven-day reverse repos and another CNY 60 billion of 14-day reverse repo on Wednesday after skipping its daily open market operations for 12 consecutive...
Global Geopolitical Series: Russia to stand by Iran on nuclear agreement
Jan 11, 2018 12:57 pm UTC| Commentary
As the deadline to save the Joint Comprehensive Plan of Action (JCPOA), better known as Iran nuclear agreement looms ahead, Russia has announced that it is going to stand by Iran and stand up for the viability of Irans...
Jan 11, 2018 12:29 pm UTC| Commentary Economy Central Banks
Yesterday, a report from Bloomberg that suggested that Chinese government officials, who are reviewing the countrys vast forex reserves of more than $3 trillion have made a comment suggesting that China might reevaluate...
U.S. Treasuries climb ahead of 30-year auction, FOMC member Dudley’s speech
Jan 11, 2018 11:28 am UTC| Commentary Economy
The U.S. Treasuries climbed Thursday ahead of the 30-year auction, scheduled to be held today at 18:00GMT. Also, investors are eyeing the release of initial jobless claims and the producer price index inflation, today at...