Forex Analysis
FX Daily
Market movers today • Focus on US figures with both Empire manufacturing and June retail sales out.
GBP/USD Analysis
The pair closed in NY Friday at $1.5107 after rate had extended its corrective pullback off late Thursday highs of $1.5222 to $1.5076 before it settled around $1.5100 into the close.
USD/JPY Analysis
The pair had ended Friday’s US session near Y99.22 and started this week with a mild dip to around Y99.15 in early trades.
EUR/USD Analysis
The pair ended trade session around $1.3067 on Friday and opened in the Asian timezone with a mild rise to $1.3085 on early covering of short positions.
Inflation Bottom Behind Us
Whatever the precise outcome of Tuesday’s Q2 CPI, it will likely mark the proximate low in its annual rate of inflation.
BusinessNZ PSI for June 2013
The seasonally adjusted BNZ – BusinessNZ Performance of Service Index (PSI) for June stood at 55.0. Although this was down 1 point from May,
All those in favour, say “Aye”
The economy has passed its vote of economic confidence. The Canterbury-construction sector ticket rallied enough votes,
Weekly Economic & Financial Commentary
U.S. Review Inflation Backdrop Remains Fed Friendly • Inflation data this week showed that price pressures remain manageable.
Weekly commentary on economic and financial market developments
Hot Summer For French Budget! Over the last 10 days, the downgrading of Italy’s sovereign credit rating from BBB+ to BBB and
European Economics
In the past six months, there have been tentative signs that the large fall in economic activity in peripheral Europe has begun to slow – and even cease.
Mexico: Dovish statement, neutral closing
The central bank of Mexico left the overnight rate unchanged at 4.0% in today’s monetary policy statement, in line with expectations.