
FxWirePro: Recession in US still far-fetched idea
Jul 21, 2017 09:19 am UTC| Commentary Economy
There are many indicators like PMI reports, jobs reports, inflation, industrial output, business sales etc. that we take a look into in determining whether the US economy is slowing down and heading for a recession but...
Eurozone periphery bonds jump ahead of benchmark German manufacturing PMI
Jul 21, 2017 09:11 am UTC| Commentary Economy
The Eurozone periphery bonds jumped as investors wait to watch the benchmark Germanys manufacturing PMI, scheduled for release early next week. The benchmark German 10-year bond yields, which moves inversely to its...

FxWirePro: Swedish Krona likely to rise towards 7.65 per dollar
Jul 21, 2017 08:36 am UTC| Commentary
The long winter is here for the dollar. After breaking an important support around 95 area, the selloffs in the dollar gained extra momentum today, as the market pushed the dollar index to 94.1 against a basket of...

FxWirePro Call Review: Dollar index reaches target at 95; next target extended from 93 to 91.5
Jul 21, 2017 07:26 am UTC| Commentary
In April this year, in an article named, FxWirePro: Dollar likely to decline by more than 5 percent available at http://www.econotimes.com/FxWirePro-Dollar-likely-to-decline-by-more-than-5-percent-630175 , we forecasted...

FxWirePro: NASDAQ 100 reaches target; partial profit bookings recommended
Jul 21, 2017 06:49 am UTC| Commentary
Back in May this year, in an article named, FxWirePro: What is next target for NASDAQ100?, available at http://www.econotimes.com/FxWirePro-What-is-next-target-for-NASDAQ100-673952 we suggested that the US tech index...

FxWirePro: Stay bearish in USD/CHF - a monthly perspective
Jul 21, 2017 06:07 am UTC| Commentary
We at FxWirePro remain bearish in USD/CHF. While back in January, when we were bullish on the dollar against the franc, we suggested that this pair might correct towards 0.98 and then bounce back. We had based our...
New Zealand bonds close higher on short-covering; RBA June meeting minutes in focus
Jul 21, 2017 05:36 am UTC| Commentary Economy
The New Zealand bonds ended on the upside Friday as investors remain sidelined in any major trading activity due to lack of any economically significant data and tracking some strength in the U.S. Treasuries. Also, markets...