Monthly archive May, 2016

The final estimate of CitiFX's month-end FX hedge rebalancing flows points to modest USD selling against all other currencies today.

"After gains in the past week global equity indices are once again up month-to-date. Foreign investors who hold US Read More →

Major equity indices in the Europe kick started the week’s session in postive territory. With Yellen’s comments last Friday, re-iterating that rate hikes in the coming months would probably be apropriate – equities reflected a risk-on sentiment. US markets were Read More →

The U.S Commerce Department reported on Friday that the US economy grew at a faster pace than the initial estimate, in the first quarter of 2016. However, the overall growth rate is still fairly sluggish. The gross domestic product last Read More →