Oil in Global Economy Series: Houthis' threat could act as bullish factor for oil
Sep 15, 2017 09:08 am UTC| Commentary
Yemens Houthi rebels latest threat could prove to be a major bullish catalyst for the oil market if executed. According to latest reporting from Yemen, Houthi leader Abdel-Malek al-Houthi said his rebel alliance would...
Oil in Global Economy Series: Venezuela stopped accepting dollar for oil payments
Sep 15, 2017 08:41 am UTC| Commentary
Venezuela has stopped accepting the dollar as a payment for oil exports and told oil traders in the country to stop accepting or offering USD as a means of payment in response to United States sanction against the country...
Fundamental Evaluation Series: USD/CNH vs. 2-year yield spread
Sep 15, 2017 07:47 am UTC| Commentary
This chart shows the relation between U.S. - China 2-year yield spread and the Dollar/Chinese yuan exchange rate since 2013. It is visible even with naked eyes that the two has enjoyed a very close relationship. It can...
German bonds remain steady ahead of Eurogroup meeting, Eurozone’s August CPI
Sep 15, 2017 07:32 am UTC| Commentary Economy
The German government bonds traded flat Friday as investors wait to watch the Eurogroup meeting, scheduled to be held later today, besides, the common currency blocs consumer price-led inflation index for the month of...
Sep 15, 2017 06:55 am UTC| Commentary Economy
The latest REINZ housing report for the month of August showed that New Zealands housing market remains subdued. House sales fell by another 0.8 percent in August (adjusted for normal seasonal trends), leaving them down 22...
New Zealand bonds close lower ahead of Q2 GDP next week
Sep 15, 2017 06:04 am UTC| Commentary Economy
The New Zealand bonds closed on the downside on the last trading day of the week as investors wait to watch the countrys second-quarter gross domestic product (GDP), scheduled to be released on September 20 amid a silent...
FxWirePro: The Day Ahead- 15th September 2017
Sep 15, 2017 05:07 am UTC| Commentary
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Eurozone: Trade balance data for July will be published at 10:00 GMT, along with Second...