Russian president speaking in lower house of parliament 22 June 2016 Russia must boost its combat readiness at a time when NATO is expanding and moving its infrastructure towards Russia's borders "NATO is strengthening its aggressive rhetoric and its aggressive actions near our borders...
With the Brexit referendum result looming which currencies may move the most against the pound? 22 June 2016. There's been lots of justifiable/considered talk recently, as well as hype, about the impact of the result impacting on the pound in serious fashion...
The UK Post Office is reporting a surge to sell the pound 22 June post office branch and online currency sales up 49% yy on Tuesday and up 381% online +74% yy since last week-end It's cash and therefore not so significant volume-wise but it's also a sentiment indicator toward Leave, or at least e...
Fedspeak, existing home sales and Eurozone consumer confidence on the schedule Canadian consumers have shrugged of the commodity bust so far and that's expected to be the case once again in April with retail sales expected to rise 0.8% (+0.7% ex-autos...
April 2016 Canadian retail sales report 22 June 2016 Prior -1.0%. Revised to -0.8% Ex-autos 1.3% vs 0.6% exp m/m. Prior -0.3%. Revised to -0.1% Sales excluding autos helps the CAD gain from 1.2775 to 1.2744. Higher gasoline prices did most of the lifting. Headline sales were up 4...
To go with all the other daily Brexit warnings from Europe ;-) France's Hollande The future of Europe is at stake in UK referendum Regardless, Europe needs new steps after vote UK risks losing access to the common market if it leaves...
IMF urges Fed to let inflation overshoot The forecast for growth this year was cut to 2.2% from 2.4%. The 2017 forecast was left unchanged at 2.5%. The latest Fed forecasts are for 2.0% in 2016 and 2017...
The Daily Mail has endorsed a 'Leave' vote in the Brexit referendum I'd post a link but whenever I have the Daily Mail open on my browser I spend far too long clicking on the column on right of screen - way too many bikinis there. OK, time for a quick glance... here's the front page...
Migration data from New Zealand gets a bit of attention as it is cited in impacts on the price of houses, which in turn apparently has impacts on RBNZ monetary policy c'mon Statz NZ .... your data page isn't loading ... yay, here it is...
The Brexit vote hasn't started yet but already the excuses for losing are being made. Apparently it was all rigged...
This is from 'What UK Thinks', its their 'Poll of Polls' The average of the six most recent polls Fieldwork conducted between 14 and 20 June 2016 Based on two (online) polls by YouGov, two (phone) polls by Survation, one (online) poll by Opinium, and one (phone) poll by ORB The most recent additi...
Janet Yellen appeared in the US Congress Tuesday (or as I like to call it, 'overnight') Reuters have a bit of a recap up on what they say was "a generally civil 2-1/2-hour hearing" It's a bit of a disgrace when we have to mention that it was generally civil...
This data point is not usually much of an immediate FX market mover But it's a good one (IMO) for a longer-term view on them Australian economy (6 - 9 months out or so...
National Australia Bank on AUD and Brexit: In attempting to quantify the potential implications for the AUD, we note that last August when Chinese stock and currency market-related stresses saw the 'VIX' proxy for market risk aversion briefly above 50 from below 20, the AUD fell from above 0...
Greetings one and all. One day closer to you know what, and once again it's a quiet session data-wise but we do get Part 2 of Yellen's H-H testimony. As always I wish you good trading. Times GMT...
Breaking Down BREXIT Scenarios Webinar Series Well, that escalated quickly! When FXCM began the Brexit Webinar Series A few weeks ago, the Remain camp was in a commanding position a handful of weeks ahead of the June 23 EU Referendum...
British voters face a historic and critical choice about the future of the United Kingdom and the European Union on Thursday June 23...
Presidential spokesman denies ceasefire report WTI crude is down more than $1, in part because of reports of a ceasefire between Nigerian government forces and oil militants. However, President Buhari's spokesman denied it. "If there is anything like that you'll be formally informed...
It's taken a while but finally someone has managed to put forward some sensible reasoning on the EU vote Thumbs up to Andrew Lilico of Europe Economics for presenting some interesting analysis on one side of the argument, and Timothy Lee from Vox for bringing it to our attention...
It's been almost a month since I gave my own views on the Brexit saga so has anything changed? If you want to catch up, this was my post a month ago, just detailing how I saw things then...
