German bund yields jump after Fed hints at brake on raising rates; EU leaders’ summit in focus
Mar 21, 2019 10:30 am UTC| Commentary Economy
The German bund yields slumped during European session Thursday after the Federal Reserve hinted at putting a brake on further rate hikes. Now, investors will take a close look at todays European Union leaders summit, for...

FxWirePro: U.S. Natural gas inventory preview
Mar 21, 2019 07:59 am UTC| Commentary
Natural gas is currently trading at $2.83 per MMBtu. Key factors at play in the natural gas market The price of natural gas is likely to appreciate further. The current rally has the support of $2.75 area. The...

Mar 21, 2019 07:36 am UTC| Commentary Economy
The New Zealand economy grew 0.6 percent q/q in the fourth quarter of last year, in line with market expectations. This saw annual growth slow from 2.6 percent in Q3 to 2.3 percent in Q4 (annual average growth eased from a...

FxWirePro: Key charts explaining crude oil inventories and production report of EIA
Mar 21, 2019 07:32 am 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...

FxWirePro: UK February retail sales preview
Mar 21, 2019 05:00 am UTC| Commentary
The pound remains volatile amid Brexit jitters. After forming a bottom around 1.237 area, it is sharply higher as the Theresa survived the no-confidence vote, despite the defeat of her Brexit deal with the EU. The...
FxWirePro: SNB unlikely to hint policy reversal at today’s meeting
Mar 21, 2019 04:53 am UTC| Commentary Central Banks
Swiss National Bank (SNB) will announce interest rate decision at 8:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Federal...
FxWirePro: Asian markets mixed, gold touches $1,318 mark
Mar 21, 2019 04:46 am UTC| Commentary
All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,318 mark while silver was trading around $15.56 mark. Japanese banks will be closed in observance of Vernal Equinox...