U.S. small business optimism index falls in June
Jul 11, 2017 17:12 pm UTC| Commentary
The U.S. NFIB small business optimism index dropped in June. After being stable in May, the index fell 0.9 points to 103.6, marking the fourth drop of the year. The headline print was below market expectations for almost a...
Canada’s housing starts rise in June, homebuilding activity likely to slow modestly in 2017
Jul 11, 2017 15:32 pm UTC| Commentary
Canadas housing starts increased in June on a seasonally adjusted annualized basis. Housing starts rose to 213k units, recouping most of the ground lost in the past two months. This brought the six-month moving average...

Commodities snapshot (precious & industrial)
Jul 11, 2017 11:39 am UTC| Commentary
The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is back in declining mode as demand lags. Todays range $1209-1216 In the short-term price is likely to decline to...

Currency snapshot (commodity pairs)
Jul 11, 2017 11:34 am UTC| Commentary
Dollar index trading at 96.11 (+0.05%) Strength meter (today so far) Aussie +0.01%, Kiwi -0.50%, Loonie -0.15% Strength meter (since last week) Aussie +0.13%, Kiwi -0.01%, Loonie -0.51% AUD/USD Trading at...

Jul 11, 2017 11:27 am UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price recovery on Monday failed to follow up as it heads towards $42 area. Todays range $44.9-43.8 Active call ...

Currency snapshot (major pairs)
Jul 11, 2017 11:21 am UTC| Commentary
Dollar index trading at 96.13 (+0.07%) Strength meter (today so far) Euro -0.00%, Franc -0.26%, Yen -0.22%, GBP +0.24% Strength meter (since last week) Euro +0.03%, Franc -0.58%, Yen -0.41%, GBP +0.21% EUR/USD...
Oil in Global Economy Series: A very bullish ‘if’ scenario for oil
Jul 11, 2017 11:00 am UTC| Commentary
Since OPEC members and participating non-OPEC countries concluded an agreement in May to continue the supply reduction deal of 1.76 million barrels per day for another nine months until March 2018, the price of oil has...