UK MP Jo Cox now confirmed dead The murder of UK MP Jo Cox has resulted in the suspension of Brexit-related campaigning so that might be the reasons...
This market is disappointing more than England The Australian and Canadian dollars are down more than 1% and now the New Zealand dollar has broken below 0.70. A full-on flight to safety is beginning to emerge...
Labour MP Jo Cox shot today It's unclear if the UK member of Parliament was targeted or became involved in a dispute. The assailant is at large and a witness said he was in his 60s or 70s...
EUR/USD is off the lows and has found a new range ahead of the all-important decision by the Federal Reserve. The euro is moving by external factors, influenced by the British EU Referendum more than anything else...
Details of the June NAHN housing market index: Five month high Prior was 58 (unrevised) Single-family sales 64 vs 63 prior Prospective buyers 47 vs 44 prior...
that the employment trends in these regional reports are going to start filtering through the wider market? It's fine to acknowledge a trend but not at the expense of looking for signs it's going to end...
Strong dollar and rising supplies weigh WTI crude is down nearly 2% in a broad commodity slump. Oil fell yesterday then rebounded on an unexpected drop in US inventories. However, all the gains evaporated and it closed at the lows yesterday...
US CPI data highlights: Prior was +0.4% m/m CPI ex food and energy +0.2% vs +0.2% m/m exp CPI +1.0% y/y vs +1.1% exp CPI ex food and energy +2.2% y/y vs +2.2% exp...
June 2016 US Philly Fed business outlook index Prior -1.80 New orders -3.00 vs -1.90 prior Employment -10.90 vs -3.30 prior Prices paid 23.00 vs 15.70 prior...
4- week average 269.25 vs 269.5 last The US weekly jobless claims came in at 277K vs 270k estimate. The 4-week moving average dipped slightly to 269.25K from 269.5K last week (lets call that unchanged). The continuing claims came in at 2157K vs 2140K est...
Details form the May 2016 US CPI data report 16 June 2016 Prior 1.1%. Core CPI 2.2% vs 2.2% exp y/y. Prior 2.1% Real weekly earnings 0.0% vs 0.2% prior m/m. Revised to -0.1% 1.1% vs 1.3% prior y/y. Revised to 1.1...
Details from the May 2016 UK retail sales data report 16 June 2016 Prior 1.3%. Revised to 1.9% 6.0% vs 3.9% exp y/y. Prior 4.3%. Revised to 5.2% Ex-fuel 1.0% vs 0.3% exp m/m. Prior 1.5%. Revised to 2.0% 5.7% vs 3.8% exp y/y. Prior 4.2%. Revised to 4.8...
German IFO institute out with their latest school report 16 June 2016 The Ifo Institute expects real gross domestic product to grow by 1.8% this year and by 1.6% in 2017. This would further reduce the output gap, which will almost close next year...
Japan government spokesman across the wires. 16 June 2016 will pay even closer attention than usual and act if needed Bring it on then Suga. Put the call in. Put up or shut up. wants BOJ to continue to work toward inflation target...
US ratings agency out with their post-BOJ verdict 16 June 2016 Fitch Ratings has today revised the rating Outlooks for Mitsubishi UFJ Financial Group, Inc. (MUFG) and its subsidiaries, Sumitomo Mitsui Financial Group, Inc. (SMFG) and its subsidiaries, Mizuho Financial Group, Inc...
Soft tones again for European equities as the Nikkei posts big losses 16 June 2016 DAX futures -1.7% CAC40 -1.1% FTSE -1.1% Expect yen safe-haven demand to continue if equities continue to wobble, perverse as it may be...
Latest economic forecasts now out from Swiss government 15 June 2016 2017 GDP unchanged at +1.8% 2016 CPI -0.4% vs -0.6% prev 2017 CPI +0.3% vs +0.2% 2016 unemployment unchanged at 3.5...
Your economic data/events calendar for today 16 June 2016 Greetings one and all as the fun n games continue. Plenty of releases today plus the BOJ presser/SNB/BOE decisions. Should be a quiet one. lol As always I wish you a good session...
European stock market close 15 June 2016 FTSE +0.7% Cac +1.0% Dax +0.9% Ibex +1.5...
ECB's Jens Weidmann speaks in Frankfurt We must give agreed stimulus time to show effects Doesn't see any signs that ECB's credibility has been hurt by low inflation Inflation target is appropriate Expansive policy is needed for the foreseeable future...
