UK gilts rally on dovish remarks from BoE’s Weale; high GDP impacts little
Jul 27, 2016 10:12 am UTC| Commentary
The UK gilts continued to rally on Wednesday as investors poured into safe-haven assets after Bank of England MPC member Martin Weale signalled that he is in favour of providing fresh stimulus for the economy. On the...
German consumer morale down with post-Brexit fear
Jul 27, 2016 10:09 am UTC| Commentary
Consumer confidence in Germany during the month of July suffered in wake of fears surrounding post-Brexit uncertainty. Although markets had expected a slightly larger monthly decline, overall consumer spending is expected...

Currency snapshot (major pairs)
Jul 27, 2016 10:05 am UTC| Commentary
Dollar index trading at 97.20 (+0.07%) Strength meter (today so far) Euro +0.12%, Franc -0.15%, Yen -0.61%, GBP -0.31% Strength meter (since last week) Euro +0.21%, Franc -0.67%, Yen +0.52%, GBP -0.17% EUR/USD...
Pace of decline in Spain’s jobless rate likely to have slowed in Q2
Jul 27, 2016 09:44 am UTC| Commentary
The rate of drop in Spanish jobless rate is likely to decelerate from second quarter onwards. According to a Societe Generale research report, the jobless rate is expected to have reached 20.8 percent in the second quarter...
German bunds strengthen ahead of FOMC meeting, weak crude
Jul 27, 2016 09:21 am UTC| Commentary
The German bunds strengthened on Wednesday as investors awaited the Federal Reserve monetary policy decision and Fed Chair Janet Yellens post-statement press conference, in an attempt to estimate the Feds most likely step....
API reports deficit, while WTI awaits EIA report: call updated
Jul 27, 2016 09:19 am UTC| Commentary
WTI has reached an interim support area around $42 per barrel, further decline is likely after aminor bounce back. Key factors at play in Crude market Oil market glut has shifted from crude oil to gasoline....
South Korea’s July consumer sentiment improves on economic optimism
Jul 27, 2016 09:16 am UTC| Commentary
Consumer sentiment in South Korea during the month of July improved as more respondents maintained optimism over the countrys economic conditions. Also, people eased anxiety over economic uncertainties such as Britains...