German bunds jump after December Ifo business climate index disappoints investors
Dec 18, 2018 09:43 am UTC| Commentary Economy
The German bunds jumped during European session Tuesday after the countrys Ifo business climate index disappointed market investors, amid a muted trading session that witnessed data of little economic significance. The...
USD/RUB likely to trade sideways at 67.00 by end of 2019, says Commerzbank
Dec 18, 2018 07:57 am UTC| Commentary Economy
The USD/RUB currency pair is expected to trade sideways at 67.00 by the end of next year, according to the latest research report from Commerzbank. The Russian central bank hiked rates by 25bps on Friday, in line with...
FxWirePro: Oil price breaks into new post-production deal low as growth concern clouds outlook
Dec 18, 2018 07:39 am UTC| Commentary
Both Global benchmark Brent and North American benchmark WTI are plunging into a new post-production agreement low as investors remain concerned over growth outlook affecting overall demand, while supplies are set to creep...

Dec 18, 2018 06:49 am UTC| Commentary Economy
ANZ-Roy Morgan Australian Consumer Confidence was essentially unchanged last week, rising just 0.1 percent. Current financial conditions were down 2 percent, while future financial conditions were flat for the...
JGBs continue upside ahead of November trade balance data, BoJ’s monetary policy meeting
Dec 18, 2018 06:03 am UTC| Commentary Economy
The Japanese government bonds continued to gain on the second trading day of the week Tuesday as investors wait to watch the countrys trade balance data for the month of November, scheduled to be released today by...
FxWirePro: The Day Ahead- 18th December 2018
Dec 18, 2018 05:33 am UTC| Commentary
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated. Data released so far: New Zealand: ANZ business confidence improves to -24.1 in December, from -37.1 in...
FxWirePro: Asian markets drastically lower, gold touches $1,248 mark
Dec 18, 2018 04:12 am UTC| Commentary
All the major Asian indices were trading on a lower note on Tuesday. Gold was trading around $1,248 mark while silver was trading around $14.67 mark. Japans Nikkei was trading 1.21 pct lower at 21,181.50...