FxWirePro: What to watch in FOMC meet ahead?
Nov 01, 2017 11:42 am UTC| Commentary Central Banks
We expect a great deal of debate among FOMC policymakers over the path of the hike as well as whether to go for another hike this year or not. Since the last meeting in September, several policymakers openly supported a...

Nov 01, 2017 11:40 am UTC| Commentary
ADP employment data to be released at 12:15 GMT is todays most vital dockets from the US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic...

Oil in Global Economy Series: EIA’s missing barrels quite large
Nov 01, 2017 10:27 am UTC| Commentary
According to United States Energy Information Administration (EIA), the U.S. weekly production touched 9.51 million barrels per day for the week ending October 20th. However, this is somewhat a faulty number; a guestimate,...

UK manufacturing makes positive start to final quarter despite rising price pressures
Nov 01, 2017 10:09 am UTC| Commentary Economy
The United Kingdoms manufacturing sector started the final quarter of the year on a solid footing. Production and new order volumes continued to rise at robust rates, as companies benefited from strong domestic market...
German bunds mixed in muted trading ahead of October manufacturing PMI, jobless rate
Nov 01, 2017 09:22 am UTC| Commentary Economy
The German bunds remained mixed in a muted trading session as investors refrained from any amid lack of significant economic data. However, markets are now awaiting the release of the countrys manufacturing PMI for the...
Oil in Global Economy Series: Mexico announces $1.25 billion oil hedge for 2018
Nov 01, 2017 08:40 am UTC| Commentary
According to data released by Mexicos finance ministry, the country has spent around $1.25 billion, equivalent to 24 billion pesos to hedge oil price in 2018. It is a more than 20 percent increase in its 2017 budget when...
AUD/CAD likely to trade between 0.97 and 0.99 for now, says Scotiabank
Nov 01, 2017 07:38 am UTC| Commentary Economy
The AUDCAD is expected to trade between 0.97 and 0.99 level for now, according to a recent report from Scotiabank. Technically, either the AUD or the CAD has been oversold with rising risks of corrections at the moment,...