
FxWirePro: Retail sentiment points to further upside in USD/INR
May 31, 2019 13:11 pm UTC| Commentary
We expect the Indian rupee to lose grounds against the USD in the short-term, First of all, there has been a shift in the retail sentiment, which has so far been one of the reliable short-term indicators. Retail...

FxWirePro: Gold gives upside breakout; will it last?
May 31, 2019 13:08 pm UTC| Commentary
The yellow metal in the bid, The chart clearly shows that the bulls are enjoying a breakout at the moment. After last weeks failure to clear the down-trending line, gold is clearly in a buy breakout at the moment....

US personal income expenditure preview
May 31, 2019 12:13 pm UTC| Commentary
Personal consumption, income data along with PCE price index would be released from the U.S. at 12:30 GMT for the month of April. Why it matters? Personal consumption and income data provide information on...
German bund yields plunge following lower-than-expected April retail sales data; eyes on May CPI
May 31, 2019 11:05 am UTC| Commentary Economy
The German bund yields plunged during European trading session Friday following a lower-than-expected reading of the countrys retail sales for the month of April, while investors continue to focus on the consumer price...

Global Geopolitical Series: Trump to turn focus on India by scrapping preferential export agreement
May 31, 2019 10:58 am UTC| Commentary
With the parliamentary election getting over with India and with Prime Minister Narendra Modi returned to power with a sweeping victory, the Trump administration in the United States is ready to turn the focus on India and...
Concerns about a U.S. recession continue to appear exaggerated, to grow 2.7 pct in 2019: Commerzbank
May 31, 2019 10:57 am UTC| Commentary Economy
The US economy grew by 3.2 percent in the first quarter of this year, more than in the final quarter of 2018. Measured against the difficult environment (temporary shutdown of federal authorities, trade conflicts and...
May 31, 2019 10:15 am UTC| Commentary Central Banks Economy
The Reserve Bank of Australia (RBA) is expected to adopt a rate cut at its upcoming monetary policy meeting scheduled to be held next week, according to the latest report from ANZ Research. The market will be shocked if...