
FxWirePro: Sell pound targeting 1.24 against dollar
Aug 15, 2017 09:40 am UTC| Commentary
The pound is in decline as the economic numbers continue to disappoint to the down side. The rate of UK home price growth cooled for the third consecutive month in June. While the price is up 4.9 percent from a year ago,...
German government bonds tad lower despite lower-than-expected Q2 GDP
Aug 15, 2017 09:17 am UTC| Commentary Economy
The Eurozone periphery bonds traded tad lower Tuesday as investors have largely shrugged-off the lower-than-expected reading of the countrys second-quarter domestic product (GDP), released earlier today. Now, investors...
US under Trump Series: President Trump launches IP probe against China
Aug 15, 2017 08:46 am UTC| Commentary Economy
President Trump took that current trade actions against China to the next level this week as he signed a Presidential Memorandum to probe Chinas laws on Intellectual properties (IP) of the companies in the United States....
Global Geo-political Series: NAFTA negotiations begin today
Aug 15, 2017 08:30 am UTC| Commentary Economy
Talks on renegotiations of NAFTA is set to begin today in Washington. During his Presidential campaign, President Trump promised to cancel NAFTA and described the agreement as one of the worst trade deals ever made by the...
EUR/GBP likely to continue its uptrend, deviate the 0.91 mark: Commerzbank
Aug 15, 2017 08:14 am UTC| Commentary Economy
The last Bank of England (BoE) inflation report in early August suggests that nothing is going to change about UK interest rates for now. The MPC is likely to have been relieved that overall inflation recently moved...
FxWirePro: Safe haven assets slide as North Korea concerns ease
Aug 15, 2017 07:30 am UTC| Commentary
Safe haven assets are facing sell-offs as the tensions surrounding war rhetoric between Pyongyang and Washington ease. Top safe haven assets, Gold and the Japanese yen rose sharply last week after both Pyongyang and...

Australia ANZ-Roy Morgan consumer confidence falls again this week
Aug 15, 2017 07:17 am UTC| Commentary Economy
ANZ-Roy Morgan Australian Consumer Confidence fell again this week, the headline index dropping by 1.8 percent from last week to 111.7 and below the long term average of 112.9. Three out of the five sub-indices posted...