FxWirePro: Soybean price up 6 percent from decade low on Trump’s put

May 16, 2019 08:48 am UTC| Commentary

Soybean showing signs of recovery, Earlier this month, the price of Soybean in the United States declined to the worst level since the 2008/09 crisis as the Sino-American trade negotiations failed to yield results...

JGBs jump at close tracking U.S. Treasuries after China, U.S. data disappoint investor sentiments

May 16, 2019 06:50 am UTC| Commentary Economy

The Japanese government bonds ended Thursdays Asian session on a higher note tracking a similar movement in the United States Treasuries after economic data in China and the U.S. disappointed investor sentiments. At...

Australia’s unemployment rate moves higher despite solid jobs gain; eyes on RBA Governor Lowe’s speech

May 16, 2019 05:40 am UTC| Commentary Economy

Australias unemployment rate moved higher during the month of April despite solid gain in jobs; increased labour supply drove the rise in the unemployment rate, with the participation rate at its highest result on record....

FxWirePro: The Day Ahead- 16th May 2019

May 16, 2019 05:37 am UTC| Commentary

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Unemployment rate rose to 5.2 percent in April from 5.1 percent in March, as...

FxWirePro: Why Trump might delay auto tariffs?

May 15, 2019 14:50 pm UTC| Commentary Economy

Bloomberg news agency reported that President Trump to delay the decision on auto tariffs for six months so, which has somewhat helped the U.S. benchmark stock index sP500 recover some of the lost ground. The index is up...

French inflation decelerates sequentially in April on sharp slowdown in energy, manufactured production

May 15, 2019 14:34 pm UTC| Commentary

French headline inflation decelerated sequentially in April. The consumer price index rose 0.3 percent, a slowdown from 0.8 percent rise seen in the prior month. The deceleration was mainly driven by sharp slowdown in...

Italian industrial turnover index rises sequentially in March

May 15, 2019 13:26 pm UTC| Commentary

Italian industrial turnover index rose sequentially in March. Sequentially, the index rose 0.3 percent. On a quarterly basis, the index rose 0.9 percent. In domestic market and non-domestic market, the index dropped 0.3...