U.S. producer prices rise below expectations in August, pipeline price pressure to remain moderate
Sep 13, 2017 15:24 pm UTC| Commentary
U.S. producer prices rose sequentially in August. PPI rose 0.2 percent month-on-month, slightly below consensus expectations of 0.3 percent. Excluding energy, food and trade, producer price inflation also rose 0.2 percent...
API reports record gasoline draw while the market awaits EIA report
Sep 13, 2017 13:17 pm UTC| Commentary
WTI continues to recover grounds as the effect of Hurricane Harvey fades. However, as refineries startup is slow, it is weighing on WTI. WTI is currently trading at $48.6 per barrel and Brent at $6 per barrel...

Commodities snapshot (precious & industrial)
Sep 13, 2017 13:03 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is down this week as risk aversion fades. Todays range $1335-1329 In the short-term price is likely to move higher...

Sep 13, 2017 12:59 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is up this week as hurricane effect slowly fades. Todays range $48.1 -48.8 Active call Buy targeting $56 per...

Currency snapshot (commodity pairs)
Sep 13, 2017 12:55 pm UTC| Commentary
Dollar index trading at 91.77 (-0.14%) Strength meter (today so far) Aussie +0.22%, Kiwi +0.06%, Loonie +0.31% Strength meter (since last week) Aussie -0.12%, Kiwi +0.43%, Loonie -0.38% AUD/USD Trading at...

Currency snapshot (major pairs)
Sep 13, 2017 12:22 pm UTC| Commentary
Dollar index trading at 91.78 (-0.13%) Strength meter (today so far) Euro +0.07%, Franc +0.05%, Yen +0.20%, GBP -0.09% Strength meter (since last week) Euro -0.72%, Franc -1.69%, Yen -2.01%, GBP +0.71% EUR/USD...
FxWirePro: Pound bulls aiming for 1.38 on inflation and rate hike speculation
Sep 13, 2017 12:04 pm UTC| Commentary
Pound continues to defy downside pressure over Brexit as the dollar remains weak and inflation is well above the target of Bank of England (BoE). Yesterdays report showed that consumer price inflation in August reached 2.9...