Jun 06, 2016 11:16 am UTC| Commentary
Swedens economic growth accelerated strongly last year. The nations growth was over double the growth of euro area. Capital investment, the export sector and domestic demand recorded positive growth. In particular, housing...
Brexit will be bad news for China
Jun 06, 2016 10:50 am UTC| Commentary
Allies of theUnited Kingdom, namely theUnited States have warned against Brexit, calling an exit would benefit aggressive Russia and assertive China in global politics, which means, as if China would like Britain to leave...
Eurozone bonds mixed on weak US jobs data, firm crude oil prices
Jun 06, 2016 10:36 am UTC| Commentary
The Euro zone government bonds traded mixed on Monday after data showed softer than expected US May employment, which dampened prospects for any near-term action from the US Federal Reserve on interest rates hike. Also,...
Italy’s retail sales activity declines further in May owing to unfavorable weather
Jun 06, 2016 10:32 am UTC| Commentary
Italys retail sales declined further in May. The seasonally adjusted Markit Italy PMI rose to 45.2 in May from Aprils 14-month low of 42.6. The decline in retail sales throughout Italy is partially because of bad weather...

Jun 06, 2016 10:10 am UTC| Commentary
The pullback in USDPHP vols after the presidential elections and favourable risk-reward ahead of trend line support and Fed hiking cycle that likely to induce volatility factor in this pair and offers an attractive entry...
Eurozone economic sentiment at year’s high as growth concerns shrug off
Jun 06, 2016 10:09 am UTC| Commentary
Eurozones economic sentiment, as measured by the Sentix index reached a level of 2016 high as consumers and investors shrugged off concerns over the Euro areas growth prospects amid the ongoing UK exit referendum. The...
FED hike aftermath Series: Hike odds back to November post-NFP
Jun 06, 2016 10:08 am UTC| Commentary Central Banks
After disappointing payroll number on Friday, which showed headline gains of just 38,000, market participants rolled back their expectations for future hikes from U.S. Federal Reserve. Last two months payroll numbers also...