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NZDUSD broke out an old high at 0.705 last week. Since then, it has been showing weak action seen by the stalling prices and high volume, and today, a low volume rally to the breakout’s price...
An Ipsos Mori poll run in Scotland by STV For crying out loud can no one get these polls right. The figures from Mori are 58% stay 33% leave...
US MBA mortgage market index week ending 10 June 2016 Mortgage index 507.7 vs 520.4 prior Purchase index 237.6 vs 249.9 prior Refi index 104404 vs 2070.8 30yr mortgage rate 3.79% vs 3.83% prior...
FOMC Statement and Economic Projections will take place today at 7.00pm BST, shortly followed by the Press Conference at 7.30pm BST...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 15th GBP/USD has recovered slightly after six-day consecutive fall. After visiting nine-week low near area of 1...
Latest Chinese lending data out from the PBOC 15 June 2016 yuan lending yy +14.4% vs +14.2% exp new yuan loans 985.5bln yuan vs 750bln exp fx deposits $658bln vs 666.8bln end-April outstanding total social financing up 12.6% yy end-May...
Details from the May 2016 UK labour market report 15 June 2016 Prior -2.4k. Revised to 6.4k. Apr ILO unemployment rate 5.0% vs 5.1% exp. Prior 5.1% Apr average weekly earnings 2.0% vs 1.7% exp 3m y/y. Prior 2.0% Ex-bonus 2.3% vs 2.1% exp 3m y/y. Prior 2.1%. Revised to 2.2...
Better than expected UK wages/jobs data sees GBP rally 15 June 2016 GBPUSD has been up to test the 1.4200-20 offers/res I highlighted but stalled at 1.4215 so far. Let's see if we get a second wave. Currently 1.4202. EURGBP had a look below 0.7900 again but has bids/support still lined up into 0...
Japan's Deputy chief cabinet secretary Seko: Desirable for UK to stay in EU Government closely watching markets including impact from UK referendum No comment on specific FX levels related to Brexit vote There are volatile moves in financial markets...
Just another day in Asia Japan: 20 year JGB to a record low yield, 0.145% 30 yr also, 0.215% 10 yr record low -0.185...
From CitiFX Strategy, comments on the CHF and the referendum Calling SNB Bluff: Limited Scope To Respond To CHF Strength Before The Referendum - Citi Absent the upcoming referendum, this week's policy meeting would probably pass a nonevent...
Westpac Consumer Confidence for June Down 1% on the month to 102.2 Last month it had a good sized jump, up 8.5% to 103.2 OK ... more info... The survey was conducted last week. You may recall I was on holiday last week, so my infectious enthusiasm and cheerfulness was absent from the internets...
Ya gotta love Japan. A black watermelon grown in Hokkaido sold for ¥500,000 It was the first auction for the year 260 Densuke watermelons were auctioned on Tuesday. Oh, that price was down from the all-time record of ¥650,000, set in 2008...
ADDED: Bloomberg reporting this poll result is Unconfirmed Bloomberg reporting. Nothing further at this stage. I checked out BMG's website and there is nothing further there either. It does appear that the poll was of people jumping out of airplanes though. So, that's good to...
Japan's Deputy chief cabinet secretary Seko: Desirable for UK to stay in EU Government closely watching markets including impact from UK referendum No comment on specific FX levels related to Brexit vote There are volatile moves in financial markets...
Via Bloomberg comes this on the Federal Reserve from Goldman Sachs GS expect the Fed to downgrade long-run target rate of its hiking cycle by 25 bps to 3% This would lead to a weaker USD It would be 3rd time since September of 2015 the Fed has cut its long-run target rate GS add that if, however...
Here's your data calendar for today 15 June No prizes for guessing the main event later but ahead of the FOMC we have a fairly busy data schedule to throw into the current heady mix. As always I wish you a good session. Times GMT...
The EU referendum looms ever larger ( in case you've been on Mars for the past 6 months) 15 June 2016 Much conjecture still on what the fall-out would be, both for the pound and the UK/EU/global political/financial landscape on a result either way...
GOLD: The commodity continues to hold on to its upside pressure leaving risk of more strength targeting the 1,300.00 level. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...
