U.S. initial jobless claims remain at stable levels, continue signalling sound labor markets
Jun 15, 2017 18:46 pm UTC| Commentary
U.S. initial and continuous jobless claims keep on signalling sound labor markets. Initial jobless claims for the week ended 10 June dropped to 237k, falling by 8k, declining slightly more than anticipated. The four-week...
NAHB housing market index drops slightly in June but remains solid
Jun 15, 2017 18:46 pm UTC| Commentary
The National Association of Home Builders Housing Market Index softened a bit in June. The index dropped by two points to a level of 67 from a downwardly revised May reading of 69. The drop was mainly because of a huge...
U.S. import prices fall below expectations in May on decline in imported petroleum prices
Jun 15, 2017 17:27 pm UTC| Commentary
The U.S. import prices dropped below consensus expectations in May on a month-on-month basis. The prices fell 0.3 percent sequentially, as compared with expectations of a decline of 0.1 percent. A large fall of 3.9 percent...
Bank Indonesia keeps policy rate on hold, likely to remain on hold over rest of 2017
Jun 15, 2017 16:20 pm UTC| Commentary Central Banks
The Indonesian central bank, Bank Indonesia, today kept its policy rate on hold at 4.75 percent, as expected and in the midst of an environment of stable growth and curtailed inflation. The 7-day reverse repo rate has...

FxWirePro: U.S. Natural gas inventory preview
Jun 15, 2017 12:24 pm UTC| Commentary
The production of natural gas has declined over the course of 2016, but natural gas inventory had reached a record high of 4 trillion cubic feet in the same year, thanks to previous two weak winters, which depleted less...

Commodities snapshot (precious & industrial)
Jun 15, 2017 12:18 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is sharply down as the dollar recovers on a hawkish Fed. Todays range $1266-1252 We expect the gold price to reach...

Jun 15, 2017 12:06 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Despite OPEC deal and Middle East tensions, oil price continues to decline on supply glut fear Todays range...