Eurozone periphery bonds jump after energy prices witness massive fall following rise in US output
Jul 07, 2017 10:03 am UTC| Commentary
The Eurozone periphery bonds jumped Friday after energy prices witnessed massive downturn during the European session, following a rise in output in the United States. The benchmark German 10-year bond yields, which...
FxWirePro: China’s FX reserves rise for fifth consecutive month
Jul 07, 2017 08:56 am UTC| Commentary
Chinas FX reserves, decline of which raised major concerns last year and triggered selloffs in the Chinese currency Yuan, is now up for a fifth consecutive month this year and has hit the highest level since October last...

FxWirePro: Oil price declines as US production recovers
Jul 07, 2017 08:40 am UTC| Commentary
The latest numbers from Energy Information Administration (EIA) of the United States show that the decline in production that has been proving some support to the oil price was a temporary phenomenon. Last weeks report...

Oil in Global Economy Series: Jobs data indicate renewed slowdown in US mining and energy sector
Jul 07, 2017 07:46 am UTC| Commentary
ADP jobs numbers released yesterday might be pointing to a renewed slowdown in the energy sector. This comes amid a slowdown in US crude oil production and a decline in the numbers of oil rigs operating in the United...

FxWirePro: U.S. jobs growth strong; Trump effect wanes
Jul 07, 2017 07:08 am UTC| Commentary
Yesterday, the dollar suffered a heavy blow as the ADP employment disappointed. According to ADP employment report, the US economy added only 158,000 jobs in the month of June, which prompted investors to doubt the...
Jul 07, 2017 06:34 am UTC| Commentary Economy
The New Zealand bonds closed lower Friday following a massive rout in the global debt market after minutes from the European Central Banks (ECB) June meeting showed that the possibility of a potential withdrawal of...

Qatar crisis poses no major threat to Japan’s energy imports
Jul 07, 2017 05:47 am UTC| Commentary
While Japan is a rich country in many ways, it is not so rich when it comes to energy. Worlds third-largest economy imports most of its energy demands from abroad, which has increased significantly after 2011 Tsunami and...