U.S. retail sales drop in May, personal consumption expenditures likely to grow in Q2
Jun 14, 2017 16:23 pm UTC| Commentary
The U.S. advance Census Bureau report showed today that the nations retail sales dropped on a sequential basis in May. The retail sales dropped 0.3 percent, as compared with consensus expectations of a flat reading. At...
API reports surplus while the market awaits EIA report
Jun 14, 2017 13:02 pm UTC| Commentary
Oil price is struggling to gain grounds despite the OPEC and N-OPEC agreement on production deals. The oil price suffered famous buy the rumor, sell the news trade on the agreement day and has been struggling since. Even...

Commodities snapshot (precious & industrial)
Jun 14, 2017 12:21 pm UTC| Commentary
The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is grinding lower as geo-political tensions subside. Todays range $1264-1270 We expect the gold price to reach $1390...

Jun 14, 2017 12:12 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 remains dogged by supply glut fear Todays range...

Currency snapshot (commodity pairs)
Jun 14, 2017 12:00 pm UTC| Commentary
Dollar index trading at 97.06 (+0.07%) Strength meter (today so far) Aussie +0.61%, Kiwi +0.60%, Loonie +0.16% Strength meter (since last week) Aussie +0.23%, Kiwi -0.12%, Loonie +0.23% AUD/USD Trading at...
U.S. Treasuries remain rangebound ahead of FOMC policy meet, initial jobless claims
Jun 14, 2017 11:50 am UTC| Commentary Economy
The U.S. Treasuries gained ahead of the Federal Reserves monetary policy decision, scheduled on June 14. Also, the countrys CPI for the month of May, due to be released today, will add further direction to the debt market,...

Currency snapshot (major pairs)
Jun 14, 2017 11:46 am UTC| Commentary
Dollar index trading at 97.06 (+0.06%) Strength meter (today so far) Euro -0.03%, Franc -0.18%, Yen -0.22%, GBP -0.11% Strength meter (since last week) Euro +0.10%, Franc -0.18%, Yen +0.02%, GBP -0.02% EUR/USD...