Q2 GDP data shows UK's economy accelerated heading into the EU referendum
Jul 27, 2016 13:35 pm UTC| Commentary
According to the first official estimate released by the UKs Office for National Statistics (ONS), U.K. economy grew by 0.6 percent quarter-on-quarter in Q2 2016. Analysts had expected second-quarter economic growth to...
US Treasuries trades nearly flat ahead of FOMC meeting
Jul 27, 2016 13:07 pm UTC| Commentary
The US Treasuries were little changed on Wednesday as markets look ahead to the July FOMC statement and Fed Chair Janet Yellens post-statement press conference, in an attempt to estimate the Feds most likely step. The...
Spanish retail sales rebound in June, signaling an economic recovery
Jul 27, 2016 12:11 pm UTC| Commentary
Retail sales in Spain rebounded during the month of June that signaled a sustained rebound in consumer spending that would lend support to underpinan economic recovery for the nation. Spanish retail sales rose 5.6...
Italy’s manufacturing confidence rises to 6-month high in July
Jul 27, 2016 11:39 am UTC| Commentary
Manufacturing confidence in Italy jumped to six-month high during the month of June as the country is nearing to recover from its longest streak of recession since the end of World War II. Consumer confidence rose to...
Eurozone periphery bonds gain as investors wary ahead of Fed announcement
Jul 27, 2016 11:23 am UTC| Commentary
The Eurozone periphery bonds gained on Wednesday as investors sought refuge in the safe-haven instruments ahead of the Federal Reserve monetary policy decision. Also, weak crude oil prices boosted demand for government...
UK Q2 growth surprises on upbeat performance of industrial, services sector
Jul 27, 2016 11:10 am UTC| Commentary
The United Kingdom gross domestic product during the second quarter remained upbeat following robust performance in the industrial and services sector of the country. Also, growth remained more than what markets had...

Commodities snapshot (precious & industrial)
Jul 27, 2016 10:14 am UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is marginallydown, likely to keep finding support around $1300 area. Focus is on Fed today. Todays range $1315-1321 We...