U.S. Treasuries remain soft ahead of September employment report
Oct 06, 2017 10:54 am UTC| Commentary Economy
The U.S. Treasuries remained soft Friday, as investors wait to watch the countrys September employment report, scheduled to be released today by 12:30GMT. Also, a couple of FOMC members speeches are due later today which...
UK gilts flat in silent trading as investors await BoE member Haldane’s speech
Oct 06, 2017 10:21 am UTC| Commentary Economy
The UK gilts remained flat Friday as investors are awaiting the Bank of England (BoE) member Haldanes speech, scheduled to be held today by 12:00GMT amid a silent trading session that witnessed no data of any economic...
Oil in Global Economy Series: Turkey, Iran, and Iraq to unite to block Kurdish oil trades
Oct 06, 2017 10:18 am UTC| Commentary
Turkey, Iran, and Iraq are preparing block Kurdish oil exports in response to the independence referendum carried out by Kurdistan just weeks ago. On September 25th, Kurdistan held an independence referendum to separate...
German bunds slump on strong factory activity; U.S. non-farm payrolls in focus today
Oct 06, 2017 09:32 am UTC| Commentary Economy
The German bunds slumped Friday after August factory orders unexpectedly jumped in August after contracting in July, registering its biggest jump this year. This confirms that the eurozones largest economy is showing signs...

FxWirePro: Bears looking to push gold to $1160 per troy ounce
Oct 06, 2017 09:01 am UTC| Commentary
After reaching the highest level since August 2016 at $1357 per troy ounce in early September this year, the price of yellow metal has suffered steady selloffs. Gold is now down more than 6.5 percent from its September...
Brexit Series: Pound on track for worst week since 2016 as Tories plot to oust Theresa may
Oct 06, 2017 07:58 am UTC| Commentary
The British Pound Sterling is down for a third consecutive week and on track for its worst week since 2016 as Prime Minister Theresa Mays own party members are working to oust her as they blame her for the terrible...
Oil in Global Economy Series: Venezuela calls 12 more oil producers to join OPEC cuts
Oct 06, 2017 07:32 am UTC| Commentary
Venezuelas oil minister Eulogio Del Pino said that he has invited up to 12 more oil producers to join the OPEC initiative that began last November with an aim to reduce global oil supplies by 1.76 million barrels per day....