South Korea Q2 GDP likely to fall to 1.5 pct q/q owing to inventory destocking, says DBS Bank
Jul 26, 2017 08:41 am UTC| Commentary Economy
The second quarter GDP (preliminary) is due this Thursday. Growth is expected to fall to 1.5 percent q/q (saar) after rising a strong 4.3 percent at the beginning quarter of this year. In the y/y terms, growth is also...

Fundamental Evaluation Series: Short-term yield spread vs. EUR/USD
Jul 26, 2017 08:34 am UTC| Commentary Economy Central Banks
The chart above shows, how the relationship between EUR/USD and 2-year yield divergence has unfolded since 2012. It is evident that these short rates have been a key influencing factor for the pair as policy divergence...
U.S. Federal Reserve likely to adopt one additional rate hike in December, says Barclays Research
Jul 26, 2017 07:39 am UTC| Commentary Economy Central Banks
The Federal Open Market Committee (FOMC) is expected to keep the target range for the federal funds rate unchanged at 1.0-1.25 percent at its July meeting and signal that balance sheet normalization is likely to begin in...

FxWirePro: Buy Brent crude targeting $59 per barrel on Saudi export curb and Nigerian ceiling
Jul 26, 2017 07:34 am UTC| Commentary
Saudi Arabias pledge to curb on exports by almost a million barrels along with Nigerias voluntarily imposed ceiling on oil production at 1.8 million barrels per day earlier this week has reversed the course of North Sea...

Jul 26, 2017 07:01 am UTC| Commentary
Saudi Arabias pledge to curb on exports by almost a million barrels along with Nigerias voluntarily imposed ceiling on oil production at 1.8 million barrels per day earlier this week has reversed the course of North...
Jul 26, 2017 06:14 am UTC| Commentary
The US House of Representatives overwhelmingly voted to pass new sanctions which will be Presidential veto proof on Russia, Iran, and North Korea. This law will limit the Presidents power in unilaterally removing sanctions...
New Zealand bonds end higher post better-than-expected improvement in June trade balance
Jul 26, 2017 05:50 am UTC| Commentary Economy
The New Zealand bonds gained at the time of closing Wednesday after reading the better-than-expected improvement in the countrys trade balance for the month of June, released early today. At the time of closing, the...