Aluminium jumps over $2,400, Alumina hits historical record, as U.S. sanctions take their toll

From production to final distribution, the whole aluminium supply chain has been overwhelmed by U.S. sanctions against the Russian

Thu, 04/19/2018 - 11:32

U.S. treasury yield curve is close to inversion

Notwithstanding the International Monetary Fund has just revised upward its forecasts on U.S. growth for 2018 and 2019, traders seem to believe in a forthcoming economic slowdown, at least by observing the U.S. Treasuries yield curve's behavior.

Thu, 04/19/2018 - 11:14

Bitcoin rises back above $8,000 threshold

Bitcoin has risen back above the $8,000 threshold on April 17th, after the collapse suffered over the past few months, that had brought it to $6,000.

Wed, 04/18/2018 - 10:03

BOE is the most ‘behind the curve’ central bank, BOJ the less

Bank of England is the most ‘behind the curve’ central bank among the Big 4s, according to our recent calculation.

Wed, 04/18/2018 - 09:53

Economists expect BOE to keep rates steady until 2019 after May hike

Economists expect just one interest-rate hike in the U.K. in 2018 and believe the Bank of England will keep interest rates steady until 2019, after next May hike, according to a recent survey by Bloomberg.

Tue, 04/17/2018 - 11:30

Investors' beliefs in the 'no hike' scenario for the 2 May FOMC meeting approaches 100%

Investors bet on up to 5 interest rate hikes by the FED this year, according to CME FedWatch tool. The FedWatch calculates the probabilities given to a target rate spectrum, for the next FOMC meetings.

Tue, 04/17/2018 - 11:20

Russia finance minister forecasts the Ruble to recover to 58-60 against the Dollar

Russia Finance Minister Forecasts the Ruble to Recover to 58-60 Against the Dollar, an interval that he considers an “equilibrium” exchange rate for months and still looks justified given today’s oil prices.

Mon, 04/16/2018 - 14:53

COT indicator hints hedge funds and asset managers still bet on the rise of the Euro, dealers on the Dollar

Euro rose to 1.2331 (+0.03%) against the Dollar on April 13th, at the end of a trading week which saw U.S. and its allies attacking Syria, although with a limited number of strikes, and U.S. president Donald Trump and China's Xi Jiping still involved in a tit-for-tat trade war which is hitting a broader range of products.

Mon, 04/16/2018 - 10:41

Ruble, Russian economy most affected by US sanctions, Syrian war

Ruble plunged against both the dollar and the euro as economic sanctions imposed by Trump's administration are taking their toll. The Russian currency is heading to its biggest weekly loss in more than three years, and many Forex traders think the decline is not over yet.

Thu, 04/12/2018 - 09:36