
Oil in Global Economy Series: Venezuela bigger bullish factor for oil than Iran
Oct 10, 2018 06:46 am UTC| Commentary
The price of crude oil has reached the highest level in four years this week, as the price of Brent reached $86.5 per barrel. North American benchmark WTI is currently trading $10 per barrel discount to Brent. Despite...
Oil in Global Economy Series: Is Iran’s exports really declining amid sanctions?
Oct 10, 2018 06:12 am UTC| Commentary
Iranian local news agency, Iranian Students News Agency (ISNA) reported that in the first six months of the Iranian year (April to September), exports Iranian gas condensate declined 46 percent from a year ago. Bloomberg...
FxWirePro: The Day Ahead- 10th October 2018
Oct 10, 2018 04:42 am UTC| Commentary
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated. Upcoming: Japan: September Machine tools orders report will be released at 6:00 GMT. France:...
U.S. small business optimism index remains positive in September
Oct 09, 2018 18:20 pm UTC| Commentary
Small business optimism in the U.S. continued to stay positive in September. The NFIBs small business optimism index dropped slightly to 107.9 from Augusts 108.8. The September headline print came in a bit below market...

Commodities snapshot (precious & industrial)
Oct 09, 2018 16:56 pm UTC| Commentary
The metal pack is mixed today. A performance this week at a glance in the chart table - Gold: Gold remains under pressure amid a bullish dollar and rising interest rates. Todays range $1192-1183 Gold is...

Oct 09, 2018 16:46 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price remains elevated despite higher supplies from OPEC, Russia and the United States as inventory declines...
Currency snapshot (commodity pairs)
Oct 09, 2018 16:43 pm UTC| Commentary
Dollar index trading at 95.79 (+0.04%) Strength meter (today so far) Aussie +0.31%, Kiwi +0.16%, Loonie -0.01% Strength meter (since last week) Aussie +0.67%, Kiwi +0.45%, Loonie -0.23% AUD/USD Trading at...