
Currency snapshot (major pairs)
Nov 15, 2017 12:16 pm UTC| Commentary
Dollar index trading at 93.55 (-0.30%) Strength meter (today so far) Euro +0.45%, Franc +0.36%, Yen +0.62%, GBP +0.02% Strength meter (since last week) Euro +0.52%, Franc +0.09%, Yen -0.20%, GBP -0.71% EUR/USD...
FxWirePro: USD/CNH to range trade 6.71-6.53 band as bulls & bears fight to take control
Nov 15, 2017 11:56 am UTC| Commentary
Since topping around 6.43 per dollar in September, Chinese yuan has weakened. However, despite several attempts since then, yuan bears have so far failed to push the yuan beyond 6.7 per dollar. The very last attempt failed...
Warning Signs Series: China’s rising yield might spark trouble for indebted corporate sector
Nov 15, 2017 11:18 am UTC| Commentary Central Banks Economy
As of 2017, China has around $1.5 trillion worth of external debt, which is not very large when compared to Chinas $11.9 trillion GDP, however, Chinas trouble lies in the domestic debt market, where total debt has reached...
Warning Signs Series: China’s rising yield might spark trouble for indebted corporate sector
Nov 15, 2017 11:18 am UTC| Commentary Central Banks Economy
As of 2017, China has around $1.5 trillion worth of external debt, which is not very large when compared to Chinas $11.9 trillion GDP, however, Chinas trouble lies in the domestic debt market, where total debt has reached...
U.S. Treasuries climb ahead of October CPI, retail sales
Nov 15, 2017 10:44 am UTC| Commentary Economy
The U.S. Treasuries climbed Wednesday as investors wait to watch the countrys consumer price-led inflation index (CPI) for the month of October, scheduled to be released today by 10:00GMT. Also, retail sales for the month...
FxWirePro: S&P 500 likely to decline 2 percent to 2500 support area
Nov 15, 2017 10:43 am UTC| Commentary
The selloff in the global stock market has entered into its second week, and for the first time this year, bears are showing some considerable strength, though not enough to reverse the course of the global bull market...

FxWirePro: Bears eyeing 9-10 percent drop in Nikkei 225
Nov 15, 2017 10:13 am UTC| Commentary
After rising for an eight consecutive week, the Japanese benchmark stock index Nikkei 225 is down for a second straight week. After reaching around 23,400 area (JPN225), which was the highest level for Nikkei since 1991,...