News
- Tuesday, 26 June 2018
- News
China's Yuan drops to lowest since December 28
The USD/CNY pair rose to 6.5552 on Tuesday - the highest level since December 28, possibly due to PBOC's liquidity injection. The central bank on Sunday announced it would cut the amount of cash that some banks need to hold…
- Monday, 25 June 2018
- News
Ether Price Drops to 10-Week Low Near $400
The price of ethereum, the world's second largest cryptocurrency by market capitalization, has to a level not seen since April 12. Data from CoinDesk's price index shows the cryptocurrency dropped by more than $50 over around 12 hours to reach…
- Monday, 25 June 2018
- News
German business morale falls in June
The ifo Business Climate deteriorated this month. The index fell to 101.8 points in June from 102.3 (seasonally adjusted) points in May. Companies were less satisfied with their current business situation. Their business expectations, by contrast, remained slightly optimistic. The…
- Monday, 25 June 2018
- News
Low risk ECB extends QE into next year, say economists
The European Central Bank will end its asset purchases by year-end as scheduled, according to a Reuters poll of economists who said the risk bond-buying will continue into next year was low, even with growth likely to slow and inflation…
- Monday, 25 June 2018
- News
Aussie under pressure as interest rates at record low, RBA wants to see wage rise
The Reserve Bank of Australia’s Official Cash rate is still at 1.50%, a record low and the longest unchanged interest rate in the country’s history. No changes are fully-priced into rate futures markets until the end of 2019. No wonder,…
- Friday, 22 June 2018
- News
Canadian CPI rose by 2.2%
The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in May, matching the increase in April. The 12-month change in the Consumer Price Index (CPI) and the CPI excluding energy All eight major components increased on a year-over-year…
- Friday, 22 June 2018
- News
Service sector helps Eurozone growth kick higher in June
An improved service sector performance helped offset an increasing drag from the manufacturing sector in June, lifting Eurozone growth off the 18-month low seen in May. With growth kicking higher in June, the surveys are commensurate with GDP rising 0.5%…
- Friday, 22 June 2018
- News
German growth ticks up but remains in low gear
The headline PMI numbers for Germany make for slightly better reading in June thanks to a pick-up in the pace of expansion in the service sector, though the performance over the second quarter as whole still looks to be one…
- Friday, 22 June 2018
- News
French service sector drives stronger growth of overall output in June
France’s economy showed noticeably divergent trends at the end of the second quarter, with the manufacturing and service sectors heading in markedly different growth directions. Whilst the services economy strengthened on the back of increased market activity, manufacturers faced a…
- Thursday, 21 June 2018
- News
Pound Surges After BOE Keeps Rates Unchanged But Chief Economist Unexpectedly Backs Rate Hike
While the BOE kept rates unchanged at 0.5% as expected, the market was surprised by both the hawkish undertones of the statement and the surprising addition of Haldane to the list of dissenters (McCafferty and Saunders), which made the decision…- Popular
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UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
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