Polish economy likely to recover modestly in Q2 and to grow strongly in H2
Jun 21, 2016 12:22 pm UTC| Commentary Economy
Short-term indicators suggest a subdued scenario of Polands economy in the first half of 2016. In the first quarter, the Polish economy surprisingly shrank on sequential basis. Short-term indicators for the second quarter...
UK factory orders improve despite EU referendum looming closer
Jun 21, 2016 12:19 pm UTC| Commentary Economy
The United Kingdom factory orders for the month of June improved, strongly sidelining the European Union referendum, scheduled to take place this Thursday. Further, the improvement is the latest sign that a slowdown in the...
Currency snapshot (commodity pairs)
Jun 21, 2016 12:18 pm UTC| Commentary
Dollar index trading at 93.59 (-0.02%) Strength meter (today so far) Aussie +0.6%, Kiwi +0.62%, Loonie +0.2% Strength meter (since last week) Aussie +1.36%, Kiwi +0.96%, Loonie +0.62% AUD/USD Trading at...
Currency snapshot (major pairs)
Jun 21, 2016 12:12 pm UTC| Commentary
Dollar index trading at 93.59 (-0.02%) Strength meter (today so far) Euro -0.06%, Franc +0.31%, Yen -0.81%, GBP +0.46% Strength meter (since last week) Euro +0.37%, Franc -0.04%, Yen -0.59%, GBP +2.74% EUR/USD...
Briferendum Series: Just two days to the referendum who in Europe are willing to part with Britain?
Jun 21, 2016 11:54 am UTC| Commentary
With just two days to the referendum, many of the European leaders of the Union, as well as some media houses from Europe has been making passionate pleas to the voters for voting to stay in the Union. Still there are some...
Chinese fiscal spending rises faster as downward pressure on the economy still persists
Jun 21, 2016 11:39 am UTC| Economy Commentary
In the aftermath of all the recent dataflow, we still see more targeted stimulus ahead. It is worth bearing in mind that fiscal spending picked up in May and this is going to continue as will the focus on infrastructure...
German investor sentiment rises on hopes of economic resilience; beats market consensus
Jun 21, 2016 11:21 am UTC| Commentary Economy
Germanys investor sentiments in June rose on hopes of economic resilience in the Eurozones largest economy, according to a survey by a private think tank, despite a weak global condition in thewake of Brexit referendum,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects