FxWirePro: S&P 500 Q1 earnings update
Jun 03, 2019 06:03 am UTC| Commentary
So far, 98 percent of the companies in the SP 500 have reported their Q1 earnings. Lets take a look at the key takeaways, Earnings: So far, 76 percent of the companies that reported actual results, reported better...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Jun 03, 2019 05:54 am UTC| Commentary Central Banks
FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 3rd...
FxWirePro: Asian markets mixed, gold touches $1,312 mark
Jun 03, 2019 05:02 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Monday. Gold was trading around $1,312 mark while silver was trading around $14.64 mark. Japans Nikkei was trading 1.31 pct lower at 20.330.49...
FxWirePro: The Day Ahead- 3rd June 2019
Jun 03, 2019 05:01 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI marginally improves to 49.8 n May. Australia:...
Australian bonds trade mixed ahead of RBA policy decision; market pricing 25bps rate cut
Jun 03, 2019 04:25 am UTC| Commentary Economy
Australian government bonds traded mixed during early Asian session on Monday ahead of the Reserve Bank of Australia monetary policy decision scheduled on June 4, where market is pricing a 25 basis points rate...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA
May 31, 2019 13:35 pm UTC| Commentary
Here are some key charts based on data from the United States Energy Information Agencys (EIA) latest report that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production...
Renminbi Series: Yuan’s share in global payments rises in April; dollar continues dominance
May 31, 2019 13:24 pm UTC| Commentary
Despite President Trumps toughening stance towards foreign policies and trade relations and use of USD as a means to impose sanctions, the dollar continues to dominate the global payment system. The dollar continues to...