Currency snapshot (major pairs)

Apr 04, 2017 14:32 pm UTC| Commentary

Dollar index trading at 100.66 (+0.17%) Strength meter (today so far) Euro -0.14%, Franc -0.02%, Yen +0.08%, GBP -0.31% Strength meter (since last week) Euro +0.12%, Franc -0.09%, Yen -0.16%, GBP -0.33% EUR/USD...

Eurozone retail sales hit 4-month high, Germany and France lead rebound

Apr 04, 2017 14:22 pm UTC| Commentary

Eurozone retail sales rose for a second straight month in February, in a fresh sign that the currency areas modest economic recovery likely accelerated in the first quarter. Eurozone retail sales rose 0.7 percent...

Central Banking Series

RBA holds rate at 1.5 pct, warns on home loans and 'high and rising' household debt

Apr 04, 2017 14:08 pm UTC| Commentary

The Reserve Bank of Australia held its benchmark interest rate steady at a record low of 1.5 percent at its April board meeting on Tuesday, as widely expected. The central bank issued a stern warning at mortgage lenders,...

Briferendum Aftermath Series

Briferendum aftermath Series: Actions suggest ‘no punishment for UK’ is a joke or lie

Apr 04, 2017 13:58 pm UTC| Commentary

Right after the Brexit letter was presented to the President of the European Council Donald Tusk gave out a speech suggesting that the EU is not looking to punish the UK for leaving; however, subsequent actions and war of...

U.K. construction PMI loses momentum in March, adds to signs of slowdown

Apr 04, 2017 13:39 pm UTC| Commentary

U.K. construction PMI missed expectations in March, continued to ease, dampening optimism over the British economy. The Markit/CIPS Construction Purchasing Managers Index (PMI) dropped back to 52.2 from 52.5 in February,...

RBA monetary policy: Assessing future bias

Apr 04, 2017 13:15 pm UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the global...

French Election: Latest poll and voters’ certainty

Apr 04, 2017 12:57 pm UTC| Commentary

According to an opinion poll conducted by LeMonde/Cevipof on 14,300 people found that Marine Le Pen could emerge as a winner in the first round of the French election to be held on 23rd April but will be crushed by her...