U.S. manufacturing business conditions rebound at weaker pace in August
Aug 23, 2017 15:17 pm UTC| Commentary
Business conditions throughout the U.S. manufacturing sector continued to rebound in August, although at a softer rate. The IHS Markit Flash manufacturing PMI dropped to 52.2 in August, from 53.3 in July. This hints at...
API reports draw while the market awaits EIA report
Aug 23, 2017 14:10 pm UTC| Commentary
Oil price is riding higher on Saudi Arabias pledge to the review meeting in St. Petersburg Russia and as API have reported draw in inventories in the past few weeks. However, it has lost some momentum as reports suggest...

Commodities snapshot (precious & industrial)
Aug 23, 2017 14:06 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold has broken a key resistance line. Likely to move higher. Todays range $1282-1291 In the short-term price is likely to...

Aug 23, 2017 14:02 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil is rising as Saudi Arabia is set to reduce exports to Asia and as inventories decline. In June Saudi exports...

Currency snapshot (commodity pairs)
Aug 23, 2017 13:54 pm UTC| Commentary
Dollar index trading at 93.35 (-0.15%) Strength meter (today so far) Aussie -0.19%, Kiwi -0.84%, Loonie -0.18% Strength meter (since last week) Aussie -0.37%, Kiwi -1.25%, Loonie -0.07% AUD/USD Trading at...

Currency snapshot (major pairs)
Aug 23, 2017 13:49 pm UTC| Commentary
Dollar index trading at 93.31 (-0.20%) Strength meter (today so far) Euro +0.26%, Franc +0.33%, Yen -0.52%, GBP -0.24% Strength meter (since last week) +0.29%, Franc -0.12%, Yen +0.01%, GBP -0.57% EUR/USD...
Aug 23, 2017 12:58 pm UTC| Commentary
After bashing the US President Donald Trump over his tough immigration stance and welcoming all refugees entering Canada in January, it took just seven months for the Canadian Prime Minister to receive the side-effects of...