
Currency snapshot (major pairs)
Oct 04, 2017 11:28 am UTC| Commentary
Dollar index trading at 93.32 (-0.33%) Strength meter (today so far) Euro +0.20%, Franc +0.05%, Yen +0.39%, GBP +0.29% Strength meter (since last week) Euro -0.30%, Franc -0.51%, Yen -0.21%, GBP -0.78% EUR/USD...
U.S. Treasuries gain on uncertainty over Fed Chair appointment; investors await Yellen’s speech
Oct 04, 2017 10:56 am UTC| Commentary Economy
The U.S. Treasuries remained firm Wednesday, following heightened uncertainty over the possible appointment of Fed Chair after Janet Yellen steps down from the position. Also, investors wait to watch the ADP non-farm...
Oil in Global Economy Series: Key bearish factors killing oil price rally
Oct 04, 2017 10:49 am UTC| Commentary
Despite showing early promise of further gains, the price of oil, which reached the highest level since June 2015 has now declined for six consecutive days. Brent is currently trading at $55.7 per barrel, down more than 7...

UK’s business activity growth edges up from August’s low
Oct 04, 2017 10:10 am UTC| Commentary Economy
Business activity across the UK service sector continued to remain upbeat although the rate of expansion edged up only slightly since August and remained weaker than seen on average in the first half of the year....
Oct 04, 2017 10:05 am UTC| Commentary
Risk of major civil confrontation is increasing in the Spanish region of Catalonia, which held an independence referendum last Sunday despite Spains constitutional court calling it illegal. Madrid took tough measures to...
German bunds gain after composite PMI disappoints in September
Oct 04, 2017 09:14 am UTC| Commentary Economy
The German government bunds gained Wednesday after the countrys composite PMI disappointed market expectations, thus pushing investors toward safe-haven assets. The German 10-year bond yields, which moves inversely to...
Nigel Farage roasts EU chief Juncker over Catalonia silence
Oct 04, 2017 08:27 am UTC| Commentary
Nigel Farage, former leader of the UK Independence Party (UKIP) and a member of the European Parliament roasted the chief of the European Commission Jean Claude Juncker during his speech at the Strasberg parliament. The...