German trade surplus narrows in June as rise in imports outstripped a modest gain in exports
Aug 09, 2016 15:05 pm UTC| Commentary
Data from the German Federal Statistics Office showed on Tuesday that nations seasonally adjusted trade surplus narrowed to 21.7 billion in June from a revised 22.1 billion in May. German exports returned to growth in June...
Net trade will probably provide little support to UK GDP growth in Q2
Aug 09, 2016 14:35 pm UTC| Commentary
Data released on Tuesday by the Office for National Statistics (ONS) showed that UKs trade deficit overshoots forecasts in June after imports hit record high. According to the ONS, UK trade data that showed a widening...

Chart of the Day: Ballooning Pension Deficit
Aug 09, 2016 14:13 pm UTC| Commentary Economy
This fine chart from BlackRock obtained via Financial Times shows that UKs pension deficit has widened sharply after the referendum to408 billion. The incremental numbers are simply staggering.The deficit widened by...
UK industrial production fails to sustain the strength seen in April
Aug 09, 2016 14:03 pm UTC| Commentary
According to the latest figures from the Office of National Statistics on Tuesday, UKs manufacturing sector performed well below expectations in June, while industrial production was in line with expectations. Data showed...

Commodities snapshot (precious & industrial)
Aug 09, 2016 13:49 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is higher on weaker dollar. Todays range $1330-1341 We expect gold to reach $1520 Gold is currently trading at...
Election result likely weighed on Australia's business conditions and confidence in July
Aug 09, 2016 13:48 pm UTC| Commentary
National Australia Bank (NAB) business confidence indicator declined by two points to plus 4 in July following 3 point gain in June. Federal election result likely weighed on Australias business conditions and confidence...

Aug 09, 2016 13:42 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI continuing gains as the OPEC members will be holding an informal meeting next month. Active call WTI is...