U.S. pending home sales rises below expectations in June
Jul 31, 2017 15:53 pm UTC| Commentary
U.S. pending home sales increased in June, coming in below consensus expectations. Pending home sales rose 1.5 percent sequentially, as compared with consensus expectations of a rise of 1 percent. Meanwhile, Mays print was...
U.S. Treasuries flat ahead of manufacturing PMI, ADP non-farm employment
Jul 31, 2017 11:51 am UTC| Commentary Economy
The U.S. Treasuries remained flat as investors wait to watch the countrys manufacturing PMI, scheduled to be released on August 1 amid a silent session that witnessed data of little economic significance. Also, the ADP...
UK gilts gain ahead of 10-year auction, July construction PMI
Jul 31, 2017 10:07 am UTC| Commentary Economy
The UK gilts gained Monday as investors wait to watch the 10-year auction, scheduled to be held on August 1 and the countrys construction PMI, for the month of July, due on August 2, will provide further direction to the...

Commodities snapshot (precious & industrial)
Jul 31, 2017 10:02 am UTC| Commentary
The metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is testing key resistance line. Todays range $1271-1265 In the short-term price is likely to decline to $1190...
Fundamentals to watch out for this week
Jul 31, 2017 09:58 am UTC| Commentary Central Banks
This week is quite risk-heavy, both in terms of data and events. What to watch for over the coming days: Central Banks: Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of...

Jul 31, 2017 09:57 am UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil is down today but gaining more grounds as Saudi oil minister suggests export curb and capping Nigerian output...

Oil in Global Economy Series: US operating rigs rise for 26th time in 28 weeks
Jul 31, 2017 09:51 am UTC| Commentary
Last weeks report from Baker Hughes shows that operating oil rigs rose for the 26th time in 28 weeks. The increasing numbers of operating rigs, as well as increasing production, have been raising concerns that the U.S....