Oil in Global Economy Series: Millions of barrels under Geo-political risks
Oct 18, 2017 06:54 am UTC| Commentary
The global oil market has so far has overlooked the geopolitical risks hovering shadow over millions of barrels of oil while focusing on supply/demand fundamentals. However, at a time when global inventories are in decline...
New Zealand bonds jump at close after dairy prices decline for second straight month
Oct 18, 2017 06:13 am UTC| Commentary Economy
The New Zealand bonds jumped at the time of closing Wednesday after Global dairy prices slumped for the second time in a row at an auction held early on Wednesday, suggesting an earlier rally was running out of steam....
Global Geo-political Series: China’s Communist Party Congress begins in Beijing
Oct 18, 2017 06:05 am UTC| Commentary
Chinas biggest political event, Communist Party Congress kick-started today in Beijing. President Xi Jinping delivered a three and half hour speech elaborating his vision of China and marked the beginning of the seven-day...
Global Geo-political Series: China’s Communist Party Congress begins in Beijing
Oct 18, 2017 06:05 am UTC| Commentary
Chinas biggest political event, Communist Party Congress kick-started today in Beijing. President Xi Jinping delivered a three and half hour speech elaborating his vision of China and marked the beginning of the seven-day...
Oct 18, 2017 05:39 am UTC| Commentary Economy
The Reserve Bank of Australia (RBA) is expected to leave the cash rate on hold for the remainder of this year and in 2018. The next rate move as up is seen occurring in early 2019, St. George Economics...
FxWirePro: The Day Ahead- 18th October 2017
Oct 18, 2017 04:52 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Upcoming: Eurozone: ECB President Mario Draghi is set to deliver a speech at 8:10 GMT. August construction...
Asian markets flat, gold stabilizes below $1,290 mark
Oct 18, 2017 04:47 am UTC| Commentary
All the major Asian indices were trading on a flat note on Wednesday. Gold was trading around $1,286 mark while silver was trading around $17.02 mark. Japans Nikkei was trading 0.10 percent higher at 21,356.55...