FxWirePro: GBP dichotomies - Technicals now move in sync with fundamental sentiments

Jul 07, 2016 12:56 pm UTC| Economy Technicals

A few words on Brexit sentiments: Arent you aware of the sentiments of lingering sentiments that can never be disregarded? The threat that gradually but certainly spreads through your some part of the economy and then...

Turkish economic growth likely to slow sharply in 2016, 2017

Jul 07, 2016 12:45 pm UTC| Commentary Economy

The Turkish domestic demand is currently quite strong as the government has executed pro-growth policies in the first quarter of 2016, including a 30 percent minimum wage rise. Lower prices of food and energy are also...

ADP points to momentum loss in labor market

Jul 07, 2016 12:24 pm UTC| Commentary Economy

Today ADP employment numbers were released from US for the month of June. ADP number shows US economy and its labour markets is resilient in second quarter but lost some steam. There are two things to note even in...

Change in demography likely to tamper consumer spending in North America

Jul 07, 2016 12:04 pm UTC| Commentary Economy

The United States and Canadian economy, havelong benefitted from consumer spending, accounting for a majority of the countries gross domestic product. While consumption spending contributed to more than two-thirds of the...

A survey blames demographic differences for Brexit outcome

Jul 07, 2016 11:51 am UTC| Commentary Economy

A widespread difference in the demographic structure of the United Kingdom led to the outcome of Brexit during the EU referendum. Surveys have found that age played a significant role in the voters voting decision....

July FOMC meeting certainly off the table, even upbeat labour data may not convince the Fed

Jul 07, 2016 11:29 am UTC| Insights & Views Central Banks Economy

The FOMC minutes of the June meeting provide little insight as the meeting took place before the EU referendum. Most participants noted that the upcoming British referendum on membership in the European Union could...

Chile’s inflation likely to have accelerated slightly in June

Jul 07, 2016 11:26 am UTC| Commentary Economy

Inflation in Chile is likely to have accelerated slightly in June. According to a Societe Generales research report, Chiles headline inflation is expected to have risen a bit to 4.3 percent year-on-year and 0.3 percent...