Riksbank keeps monetary policy unchanged in September, likely to hike first in October 2018
Sep 07, 2017 18:34 pm UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its monetary policy on hold. This signifies that the repo rate remains at -0.50 percent and that the QE program is planned to run throughout this year. Also, the repo rate path was...
Bank Negara Malaysia keeps interest rate on hold, unlikely to change policy settings in 2017
Sep 07, 2017 17:57 pm UTC| Commentary Central Banks
Malaysian central bank, Bank Negara Malaysia, kept its key interest rate on hold on Thursday. The Overnight Policy Rate was kept unchanged at 3 percent. The central bank, in its policy statement, highlighted on the...
U.S. Q2 productivity growth upwardly revised from advance estimates
Sep 07, 2017 17:33 pm UTC| Commentary
The productivity growth of the U.S. was upwardly revised from the advanced estimate and it continues to show an improvement in momentum in the second quarter as compared to the first quarter. Nonfarm business output per...
ECB keeps monetary policy on hold, decision on changes to policy likely to be made in October
Sep 07, 2017 16:24 pm UTC| Commentary Central Banks
As widely expected, the European Central Bank kept its monetary policy on hold during its meeting today, leaving interest rate on its refinancing operations, marginal lending facility, and its deposit facility on hold at 0...
Sep 07, 2017 15:10 pm UTC| Commentary
U.S. initial jobless claims rose in the week ended 2 September, coming above expectations. Jobless claims rose to 298k, as compared with consensus expectations of 245k. Earlier episodes of hurricanes indicate that jobless...

FxWirePro: U.S. Natural gas inventory preview
Sep 07, 2017 13:47 pm UTC| Commentary
Natural gas is currently trading at $3.02 per MMBtu. Key factors at play in natural gas market Russia and the United States are set to fight for market share in Asia and in Europe. Natural gas price elevated...
API reports draw while the market awaits EIA report
Sep 07, 2017 13:28 pm UTC| Commentary
WTI continues to recover grounds as the effect of Hurricane Harvey fades. However, approaching Hurricane Irma is keeping a lid on price as it might reduce demand. WTI is currently trading at $48.9 per barrel and Brent at...