Menu

Search

  |   Commentary
Become a contributor

Menu

  |   Commentary

Search

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

U.S. durable goods orders sustain robust growth

U.S. House prices increase slightly in July

U.S. vehicle sales fall again in November

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Swiss franc likely to gradually depreciate against euro in coming months

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

United States building permits

U.S. Consumer Confidence falls in September

Canada's economy shows growth in July, but growth stalled in

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

U.S. Q3 economic growth unrevised in second estimate

Reserve Bank of India likely to stand pat in December

U.S. existing home sales decline in August

Swedish economic sentiment indicator rises in November

FxWirePro: Daily Commodity Tracker - 21st March, 2022

Pound battering appears to have paused, markets await Cameron’s speech

Friday, June 24, 2016 6:44 AM UTC
  • UK electoral commission declares Britain has voted to leave European Union.
     
  • Pound bashed to multi-year lows against majors, but downside seems to have paused for now.
     
  • Slight recovery seen in GBB crosses, but follow-through selling likely to continue as markets digest the enormity of today’s decision.
     
  • GBP/USD currently trading at 1.3735 up from lows of 1.3227, EUR/GBP at 0.8071 lower from highs of 0.8315.
     
  • GBP crosses remain vulnerable as the Brexit win has sparked fresh concerns that the UK could re-enter recession.
     
  • UK PM Cameron’s speech due out shortly in focus for fresh GBP moves. 
     
  • Markets are expecting Cameron to call for unity and stability, in his prepared remarks.
     

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts
  • Market Data
Market Data by TradingView
Financial Markets by TradingView
Most Popular
1

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

2

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

3

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

4

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

5

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

6

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

7

ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants

8

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

9

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

10

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

EconoTimes
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.