U.S. FHFA home prices index in April, likely to continue appreciating at stable rate through 2017
Jun 22, 2017 17:46 pm UTC| Commentary
The U.S. FHFA purchase-only House Price Index rose in April and came in above the consensus expectations. The index was up 0.7 percent on a sequential basis, as compared with the consensus expectations of a rise of 0.5...
U.S. initial jobless claims rise slightly in mid-June, but continue to signal healthy labor market
Jun 22, 2017 16:55 pm UTC| Commentary
U.S. initial jobless claims rose slightly in mid-June. The initial and continuing jobless claims continue to hint at a healthy labor market. The initial jobless claims for the week ended 17 June rose by 3000 to 241k from...
Canadian retail sales continue to rise in April, likely to hold up well in months ahead
Jun 22, 2017 16:24 pm UTC| Commentary
Canadian retail sales continued to grow strongly in April. The first quarters momentum was carried into April. Retail sales rose 0.8 percent sequentially, coming in above consensus expectations of a rise of 0.2 percent and...
EUR/USD likely to reach 1.06 by end-2018, says Commerzbank
Jun 22, 2017 10:33 am UTC| Commentary Economy
The EUR/USD is expected to reach a level of 1.06 by the end of next year, having downside potential. Most of the analysts arguing for 1.20-ish levels simply extrapolate the medium-term upward trend in EUR/USD. Even the...
UK gilts jump on safe-haven demand, rising political instability
Jun 22, 2017 10:12 am UTC| Commentary Economy
The UK gilts rallied Thursday as investors poured into safe-haven instruments ahead of the Brexit negotiations in Brussels with an unstable political situation. The yield on the benchmark 10-year gilts, slumped 3 basis...

Jun 22, 2017 09:05 am UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price remains under selling pressure for a fourth consecutive day, dogged by a supply glut in the market...

Currency snapshot (commodity pairs)
Jun 22, 2017 09:01 am UTC| Commentary
Dollar index trading at 97.53 (-0.02%) Strength meter (today so far) Aussie -0.03%, Kiwi +0.19%, Loonie +0.07% Strength meter (since last week) Aussie -0.88%, Kiwi +0.26%, Loonie -0.83% AUD/USD Trading at...