Producer inflation in the US softened unexpectedly in March. US Dollar Index stays deep in negative territory below 100.00. The Producer Price Index (PPI) for…
The March data on gold ETFs published by the World Gold Council this week showed a continued high buying interest among ETF investors, Commerzbank’s commodity…
The OPEC production surveys by Reuters and Bloomberg again showed a considerable discrepancy for March, Commerzbank’s commodity analyst Carsten Fritsch notes. UAE and Iraq at…
The US Consumer Price Index is forecast to rise 2.6% YoY in March. The core CPI inflation is seen a tad lower at 3% last…
China’s Consumer Price Index (CPI) dropped at an annual pace of 0.1% in March after declining 0.7% in February. Markets estimated a 0.1% growth in the reported…
NZD/USD edges lower to around 0.5630 in Thursday’s early Asian session, losing 0.22% on the day. China’s CPI inflation came in at -0.1% YoY in…
Kazakhstan’s oil production is said to have risen to a new record level in March, Reuters reported, citing informed sources, Commerzbank’s commodity analyst Carsten Fritsch…
The Unemployment Rate in Canada rose to 6.7% in March as expected. USD/CAD clings to strong daily gains near 1.4200 after the data. The Unemployment…
Nonfarm Payrolls are forecast to rise by 135K in March, following a 151K gain reported in February. The United States Bureau of Labor Statistics will…
ISM Services PMI dropped to 50.8 in March. US Dollar stays under heavy selling pressure in multi-month lows. Economic activity in the US service sector…