Fed Hike Aftermath Series

Fed Hike Aftermath Series: Dashboard updates

Mar 24, 2017 12:21 pm UTC| Commentary Central Banks

Several Federal Reserve policymakers shared their views of the monetary policy going ahead after the central bank raised interest rates for the first time this year. Our last dashboard which was focused on the March...

U.S. Treasuries slide ahead of FOMC members Bullard, Dudley’s speeches

Mar 24, 2017 12:15 pm UTC| Commentary Economy

The U.S. Treasuries slid at the closing of thetrading week Friday as investors remained cautious ahead of the Federal Open Market Committee (FOMC) members James Bullard and William C. Dudleys scheduled speeches later in...

Oil in Global Economy Series

Oil in Global Economy Series: Gigantic 14 billion barrel oil well of Iran adds to compliance concern

Mar 24, 2017 11:09 am UTC| Commentary

Anyone concerned with Iran complying to the OPEC deal in the future should be more worried as a gigantic field of oil is ready to come online. The South Pars offshore field on the Iran-Qatar border was officially...

Briferendum Aftermath Series

Briferendum Aftermath Series: Juncker exerts Brexit bill reality

Mar 24, 2017 10:58 am UTC| Commentary

The President of the European Commission Jean-Claude Juncker stressed upon the reality of the upcoming Brexit bill which could be somewhere between 40 billion and 60 billion. We have reported earlier that the European...

UK gilts rise following disappointment in equities; higher energy prices offset gains

Mar 24, 2017 09:56 am UTC| Commentary Economy

The UK gilts rose Friday, following disappointment in the countrys riskier equities, while a slight uptick in energy prices offset the upside. The yield on the benchmark 10-year gilts, which moves inversely to its...

Oil in Global Economy Series

Oil in Global Economy Series: Saudi Arabia to add pressure on free riders

Mar 24, 2017 09:34 am UTC| Commentary

Hard negotiations and fierce debates are already underway on whether the OPEC/N-OPEC deal to reduce production by almost 1.8 million barrels per day should be extended or not. This Sunday the review committee comprising...

German bunds dive after reading higher-than-expected March manufacturing PMI

Mar 24, 2017 08:54 am UTC| Commentary Economy

The German bunds dived on the last trading day of the week as investors booked-in profits after a long rally and following higher-than-expected manufacturing PMI for the month of March which remained crucial in determining...