U.S. Leading Economic Index continues to rise in June
Jul 20, 2017 16:57 pm UTC| Commentary
The Leading Economic Index (LEI) for the U.S. continued to rise in June. The underlying components imply that the hard data might be closing the gap with the weak or expectation-related data, noted Wells Fargo in a...
U.S. jobless claims drops in mid-July, support some rebound in July employment
Jul 20, 2017 16:20 pm UTC| Commentary
The initial jobless claims in the U.S. dropped in the week ended July 15. The initial jobless claims fell by 15k to 233k, against consensus expectations for a largely unchanged reading of 245k. Claims data for the earlier...

FxWirePro: U.S. Natural gas inventory preview
Jul 20, 2017 11:59 am UTC| Commentary
Natural gas is currently trading at $3.08 per MMBtu. Key factors at play in natural gas market Saudi led Gulf group has modified demands on Qatar to six broad principles. Speaking at Poland, US President...
U.S. Treasuries tad lower ahead of initial jobless claims, 10-year auction
Jul 20, 2017 11:53 am UTC| Commentary Economy
The U.S. Treasuries remained flat ahead of the countrys initial jobless claims, scheduled to be released today, besides the 10-year auction, due later in the day. The yield on the benchmark 10-year Treasury, rose nearly...

Commodities snapshot (precious & industrial)
Jul 20, 2017 11:43 am UTC| Commentary
The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is down today as the dollar recovers. Todays range $1242-1235 In the short-term price is likely to decline to $1190...

Jul 20, 2017 11:25 am UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil is pushing higher on higher Chinese demand and turmoil in Venezuela. Todays range $47.1-47.4 Active call ...

Currency snapshot (commodity pairs)
Jul 20, 2017 11:15 am UTC| Commentary
Dollar index trading at 95.02 (+0.25%) Strength meter (today so far) Aussie -0.57%, Kiwi -0.26%, Loonie -0.15% Strength meter (since last week) Aussie +1.19%, Kiwi +0.29%, Loonie +0.12% AUD/USD Trading at...