Currency snapshot (major pairs)

Mar 29, 2017 11:46 am UTC| Commentary

Dollar index trading at 99.77 (+0.10%) Strength meter (today so far) Euro -0.26%, Franc -0.28%, Yen +0.29%, GBP +0.29% Strength meter (since last week) Euro +0.00%, Franc -0.40%, Yen +0.30%, GBP -0.11% EUR/USD...

U.S. Treasuries gain modestly ahead of FOMC members’ speech, Q4 GDP

Mar 29, 2017 11:37 am UTC| Commentary Economy

The U.S. Treasuries modestly gained Wednesday ahead of the Federal Open Market Committee (FOMC) members Rosengren and Williams speech, scheduled to be held later in the day. The yield on the benchmark 10-year Treasury...

Global Geopolitics Series

Global Geo-political Series: Russia & Iran strengthen ties despite Washington’s terrorism rhetoric towards Iran

Mar 29, 2017 11:20 am UTC| Commentary

While the President of the United States, Donald J. Trump continues to brand Iran as a terrorist state, his Russian counterpart Vladimir Putin is strengthening ties with the country. The Syrian president Bashar-al Assad...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Key comments from Stanley Fischer and dashboard update

Mar 29, 2017 10:01 am UTC| Commentary Central Banks

In an interview with CNBC yesterday, the vice-chair of the US Federal Reserve said that the Feds March projections that forecasttwo more hikes in 2017,is about right. He stressed that its is his forecast as well. In the...

French Election: Former Socialist Prime Minister Valls abandons party candidate in favor of Macron

Mar 29, 2017 09:56 am UTC| Commentary

The Socialist candidate in this years French election, Manuel Valls, the former Prime Minister of France has abandoned his candidacy and instead, he would vote for the independent centrist candidate Emmanuel Macron in...

UK gilts trade flat ahead of Q4 GDP

Mar 29, 2017 09:42 am UTC| Commentary Economy

The UK gilts traded flat Wednesday as investors remain keen to watch the countrys fourth-quarter gross domestic product (GDP), due to be release by the end of this week, which will remain crucial in deciding further...

Migrant Crisis Series

Migrant Crisis Series: Greece and Italy look to back away from taking further refugees

Mar 29, 2017 08:32 am UTC| Commentary

United Nations International Organization for Migration reported that 20,484 refugees from entered Europe this year by traveling via sea, according to data collected till mid-March. More than 80 percent of them came to...