
Currency snapshot (major pairs)
Nov 28, 2018 12:55 pm UTC| Commentary
Dollar index trading at 97.40 (+0.03%) Strength meter (today so far) Euro -0.14%, Franc -0.08%, Yen -0.02%, GBP +0.38% Strength meter (since last week) Euro -0.44%, Franc -0.16%, Yen -0.75%, GBP -0.12% EUR/USD...
API reports major build while market awaits EIA report
Nov 28, 2018 12:41 pm UTC| Commentary
Both Brent and WTI have declined sharply despite geopolitical tensions surrounding the Middle East thanks to increasing supplies from OPEC, Russia, and the United States. WTI is currently trading at $51.6 per barrel and...

Fundamental Evaluation Series: USD/CNH vs. 2-year yield spread
Nov 28, 2018 12:32 pm UTC| Commentary
Brief background: This chart shows the relation between U.S. - China 2-year yield spread and the Dollar/Chinese yuan exchange rate since 2013. It is visible even with naked eyes that the two has enjoyed a very close...

U.S. third quarter GDP preview
Nov 28, 2018 12:18 pm UTC| Commentary
Today, U.S. third-quarter GDP figure will be released at 13:30 GMT. This is the second flash reading of the third quarter GDP of the United States. This would be a very vital piece of an economic docket to assess the...

Fundamental Evaluation Series: USD/CAD vs. 2-year yield spread
Nov 28, 2018 11:49 am UTC| Commentary
The chart above shows, how the relationship between USD/CAD and 2-year yield divergence has unfolded since 2012. Brief background: The close relations between the short-term yield spread and the exchange rate is...

Fundamental Evaluation Series: NZD/USD vs. 2-year yield spread
Nov 28, 2018 11:38 am UTC| Commentary
The chart above shows, how the relationship between NZD/USD and 2-year yield divergence has unfolded since 2015. While the spread has narrowed steadily from +300 basis points (bps) in January 2015 to -106 bps as of...
U.S. Treasuries trade flat ahead of Fed Chair Powell’s speech, Q3 GDP data
Nov 28, 2018 11:29 am UTC| Commentary Economy
The U.S. Treasuries traded flat during late afternoon session Wednesday amid a muted trading session that witnessed data of little economic significance. However, markets will keenly eye Fed Chair Jerome Powells speech to...