Apr 09, 2019 19:19 pm UTC| Commentary
The Russian ruble is set to be on a moderate appreciation path. According to a Commerzbank research report, the USD/RUB pair is expected to stay in the 65 to 67 range in the near-term and gradually fall towards 62 by 2020...
ECB likely to keep interest rates unchanged in April, Draghi expected to keep dovish tone
Apr 09, 2019 18:53 pm UTC| Commentary
The European Central Bank is set to meet tomorrow for its interest rate decision. According to a DNB Markets research report, the ECB is likely to keep interest rates, its asset purchase program and forward guidance on...
Stockpiling activity likely to have boosted U.K. economy in Q1, growth may decelerate in Q2
Apr 09, 2019 18:17 pm UTC| Commentary
The U.K. economy has been unexpectedly resilient in spite of uncertainty around Brexit, at least when the data are taken at face value. The economic growth recovered in January with a 0.5 percent sequential rise in the...
U.S. consumer price inflation likely to have accelerated in March
Apr 09, 2019 17:35 pm UTC| Commentary
The U.S. consumer price inflation data for the month of March is set to release tomorrow. According to a TD Economics research report, the headline inflation is likely to have accelerated to 1.9 percent from Februarys 1.5...
Oil in Global Economy Series: Libya violence unlikely to affect oil price much
Apr 09, 2019 16:50 pm UTC| Commentary
Fighting has intensified in Libya, As Eastern Libyan National Army (LNA) led by Khalifa Haftars force reaches Tripoli for a final showdown. Khalifa Haftar, who is a former General in Muammar Gaddafis force launched a...

FxWirePro: GBP/USD awaits EU judgement with bearish bias
Apr 09, 2019 15:51 pm UTC| Commentary
GBP/USD continues its consolidation, GBP/USD moved higher to break the downtrend line today that has been in place since the second week of March when the pair topped around 1.34 area. The attempt came on the back of...

FxWirePro: S&P500 rally stalls as bulls show exhaustion; retail sentiment points to bullish bias
Apr 09, 2019 15:02 pm UTC| Commentary
Bulls are tired ahead of big events tomorrow, Yesterdays price action made it clear that bulls are exhausted and the price is likely to decline today. Price is indeed down today, however, today may not be suitable to...