German unemployment rises surprisingly in September for the first time this year

Sep 29, 2016 10:43 am UTC| Commentary Economy

The number of jobless people in Germany during the month of September rose for the first time this year, a sign of concern that the United Kingdoms exit from the European Union has yet not cooled off within the economic...

Rising border tension between India and Pakistan may cook further losses for stocks and bonds

Sep 29, 2016 10:11 am UTC| Commentary Economy Insights & Views

The Indian stock index and bonds slumped Thursday after the Director General of military operations of the Indian Army, Lt. General Ranbir Singh said that they have attacked terrorist camps in Pakistan, which were...

Spanish retail sales ease in August; economic growth likely to witness pressure in 2017

Sep 29, 2016 10:03 am UTC| Commentary Economy

Retail sales in Spain eased during the month of August, compared to a year earlier period; also, the countrys economic growth is likely to witness pressure during 2017 in midst of a political deadlock that has left the...

U.K. mortgage approvals sink to lowest in two years, miss expectations

Sep 29, 2016 09:31 am UTC| Commentary Economy

Mortgage approvals in the United Kingdom sunk its lowest level in almost two years , painting a mixed picture of the countrys housing market since the inception of the Brexit vote on June 23. UKs mortgage approvals...

Briferendum Aftermath Series

Briferendum Aftermath Series: J-curve with complications

Sep 29, 2016 08:26 am UTC| Commentary Economy

Whenever you read that sterling depreciation that occurred immediately after the outcome of the June referendum would be good for the UK economy boosting exports, take it with a pinch of salt and remember the J-curve....

FX Hedging Strategy Series

FxWirePro: EUR/GBP “Diagonal Credit Call Spread” to address both momentary declines and major uptrend

Sep 29, 2016 07:39 am UTC| Economy Research & Analysis

This week, although EURGBP is losing in its price, we remain bearish of GBP, and forecast a 5-10% move from here in GBP/USD, taking the pair below 1.25, taking EUR/GBP to a little above 0.90. EURGBP was at 0.8616 from...

Peso remains the worst performer in Asia following subdued investor confidence

Sep 29, 2016 07:26 am UTC| Commentary Economy

The Philippines peso remained the worst performer amongst all Asian currency pairings over the past one month, following subdued investor confidence in the economy, given that is has been recently shaken by the recent...