Gold edged higher during the early European session and refreshed weekly tops, around the $1720 region in the last hour. Following an early dip to the
Blogs
China’s Commerce Ministry: China and US should avoid taking new trade restrictions
China’s Commerce Ministry reiterated in its latest statement released on Thursday, China and the US should avoid taking new trade restrictions. The Mi
NZD/USD: Early signs of breaking lower – Westpac
The kiwi is starting to respond to hard economic data, as economists at Westpac Institutional Bank note. Key quotes “We expect the hard economic data
BoE: Potential for extra easing – UOB
Lee Sue Ann, Economist at UOB Group, assessed the latest UK inflation figures and the probability of further easing by the Bank of England. Key Quotes
Eurozone Preliminary Manufacturing PMI hits a record low of 33.6 in April, EUR/USD re-takes 1.08
The Eurozone manufacturing sector witnessed the sharpest deterioration ever this month, the latest manufacturing activity survey from IHS/Markit resea
Crude Oil Futures: Rebound running out of steam
In light of advanced figures from CME Group, traders scaled back their open interest positions in crude oil futures markets by nearly 48.2K contracts
USD/JPY remains confined in a range, below 108.00 mark
The USD/JPY pair extended its sideways consolidative price action and remained confined in a range below the 108.00 round-figure mark. A combination o
EUR/SEK: Economic outlook will likely weigh on SEK – Danske Bank
The economic outlook will likely weigh on SEK despite massive stimuli and so will the expected April cut from the Riksbank, in the opinion of analysts
Breaking: EUR/USD eyes 1.0770 as German Preliminary Manufacturing PMI plunges to 34.4 in April
German Manufacturing PMI arrives at 34.4 in April vs. 39.0 expected. Services PMI in Germany plunges to 15.9 in April vs. 28.5 expected. The German m