Currency snapshot (commodity pairs)

Jun 23, 2016 12:13 pm UTC| Commentary

Dollar index trading at 93.24 (-0.28%) Strength meter (today so far) Aussie +0.75%, Kiwi +0.90%, Loonie +0.62% Strength meter (since last week) Aussie +2.76%, Kiwi +2.50%, Loonie +1.33% AUD/USD Trading at...

Mexico’s consumption likely to remain strong in Q2 on solid growth in retail sales

Jun 23, 2016 11:57 am UTC| Commentary Economy

Mexicos retail sales are likely to have expanded in April. It is expected to have grown 6.6 percent year-on-year; however, the seasonally-adjusted rate is likely to have dropped 1.2 percent on sequential basis after...

Currency snapshot (major pairs)

Jun 23, 2016 11:53 am UTC| Commentary

Dollar index trading at 93.24 (-0.28%) Strength meter (today so far) Euro +0.51%, Franc +0.42%, Yen -0.98%, GBP +0.69% Strength meter (since last week) Euro +1.01%, Franc +0.33%, Yen -1.54%, GBP +3.78% EUR/USD...

South African economy continues to face headwinds; economy likely to stagnate in 2016

Jun 23, 2016 11:41 am UTC| Commentary Economy

At present, significant headwinds are being faced by the South African economy. The economy grew just 1.3 percent last year, while the outlook for this year has deteriorated further. The real GDP in the first quarter...

Colombia central bank raises policy rate for 10th straight month to curb inflation

Jun 23, 2016 11:40 am UTC| Central Banks Commentary Economy

Colombias central bank raised its monetary policy rate for the 10th straight month in a row, in a bid to curb inflation, reiterating its statement from May that it must ensure that the recent shocks to inflation remain...

Key supports and resistances of sterling based pairs

Jun 23, 2016 11:20 am UTC| Commentary

Immense volatilities are expected in all pound based pairs as results of the UK referendum on EU membership will start coming within the next 12 hours. Below are the key supports and resistance for pound based which should...

Briferendum Series

Briferendum Series: How to gauge upcoming results to avoid unnecessary volatility spikes

Jun 23, 2016 10:32 am UTC| Commentary

Counting will begin as soon as the voting ends at 21:00 GMTtoday and results will start appearing from 382 counting areas which will then be collated to regional results and will finally get combined together for a...