
Jun 05, 2019 10:19 am UTC| Commentary
ADP employment data to be released at 12:15 GMT, is todays one of the most vital dockets from the US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic...

FxWirePro: German 10-yr bund price reaches record high; further rise likely
Jun 05, 2019 10:09 am UTC| Commentary
Amid risk aversion stemming from Sino-American trade dispute, where both parties have engaged in a tariff battle, German 10-year bund price has reached a fresh record high, while yields dropped to a record low. The 10-yr...
UK gilts gain despite better-than-expected May services PMI; BoE Gov Carney’s speech eyed
Jun 05, 2019 09:28 am UTC| Commentary Economy
The United Kingdoms gilts gained during European session Wednesday despite a better-than-expected result in the countrys services PMI for the month of May, released, early today. Investors remain keen to watch the Bank of...
German bunds flat after May services PMI exceeds estimates; eyes on ECB’s policy decision
Jun 05, 2019 09:17 am UTC| Commentary Economy
The German bunds remained flat during European session Wednesday after the countrys services PMI for the month of May exceeded market expectations, while investors will keep a close eye on the European Central Banks (ECB)...
FxWirePro Call Review: Brent target extended to $55 per barrel
Jun 05, 2019 08:12 am UTC| Commentary
Our calculations at FxWirePro suggests that further downside remains open for Brent crude price, as near term supply outweighs demand growth. While the International Energy Agency (IEA) reduced its oil demand growth...
National Bank of Poland likely to stand pat today
Jun 05, 2019 07:59 am UTC| Commentary
The National Bank of Poland is set to meet later today for rate decision. According to a Commerzbank research report, the central bank is expected to keep the monetary policy unchanged. Todays meeting would have been more...

FxWirePro Call Review: USD/JPY target extended to 104
Jun 05, 2019 07:33 am UTC| Commentary
Last week, we warned our readers that while the risk-affinity has gathered some momentum and the yen is retreating towards 110 per USD after reaching 109.1 per USD area, that the yen is likely to gain further grounds...