
Sep 05, 2017 12:15 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) WTI is recovering grounds as refineries restart in Texas. Todays range $47.3 -48 Active call Buy targeting $56 per...

Currency snapshot (commodity pairs)
Sep 05, 2017 12:09 pm UTC| Commentary
Dollar index trading at 92.58 (-0.02%) Strength meter (today so far) Aussie +0.46%, Kiwi +0.45%, Loonie +0.21% Strength meter (since last week) Aussie -0.09%, Kiwi +0.32%, Loonie -0.69% AUD/USD Trading at...

Currency snapshot (major pairs)
Sep 05, 2017 12:03 pm UTC| Commentary
Dollar index trading at 92.63 (+0.03%) Strength meter (today so far) Euro -0.05%, Franc -0.14%, Yen +0.39%, GBP +0.29% Strength meter (since last week) Euro +0.37%, Franc +0.28%, Yen +0.74%, GBP +0.23% EUR/USD...

Oil in Global Economy Series: Brent-WTI spread narrows as Gulf coast recovers from Harvey damage
Sep 05, 2017 11:11 am UTC| Commentary
The spread between two most widely used oil benchmarks, North American WTI and North Sea Brent is easing after it reached the highest level in 24 months thanks to the disaster caused by Hurricane Harvey last week that led...
U.S. Treasuries jump ahead of FOMC members’ speeches, ISM non-manufacturing PMI
Sep 05, 2017 10:50 am UTC| Commentary Economy
The U.S. Treasuries jumped as investors await a host of FOMC member speeches later in the day. FOMC members Brainard, Kashkari, and Kaplan are scheduled to speak today by 11:30GMT, 17:10GMT and 23:00GMT...
Sep 05, 2017 10:39 am UTC| Commentary
After the United States ratchet up its war rhetoric against North Korea and news came out that the United States is preparing to scrap the weight limit on South Korean warheads, Russian President Vladimir Putin warned...
Global Geo-political Series: China prepares to challenge dollar’s dominance in oil market
Sep 05, 2017 09:29 am UTC| Commentary
China is preparing to pose a credible challenge to the dominance of the United States dollars in the oil market, where contracts are usually priced in U.S. dollar and the majority of the trade payments take place in the...