Jun 08, 2015 16:28 pm UTC| Commentary
Western Union notes:Last weeks unexpected drop in Britains latest services PMI report raised concerns about the pace of the UK economic expansion. The pound last week lost more than 3% against the Euro as a result before...
Jun 08, 2015 16:27 pm UTC| Commentary
Western Union notes:The Euro was down almost 2% against the US dollar at one stage on Friday after much stronger-than-expected US economic data.However, the EUR gained more than 3% against Sterling last week after a jump...
Upbeat Canadian housing starts a indication that the economy was thawing in May
Jun 08, 2015 16:11 pm UTC| Commentary
Canadian housing starts rose to 201,700 annualized units in May, ahead of expectations, versus 183,300 in the prior month (revised up a touch from 183,100). After a blowout employment report on Friday, this is a second...
Jun 08, 2015 12:30 pm UTC| Commentary
Friday capped a very wild week in markets with a blockbuster payrolls report of 280K that saw an upside surprise in average hourly earnings. The immediate take-away is that the Fed is therefore more minded towards an...
Offshore Renminbi – Access granted
Jun 08, 2015 12:06 pm UTC| Commentary
The offshore Renminbi (CNH) market contracted in April from the previous month. The Standard Chartered Renminbi Globalisation Index (RGI) fell 0.8% m/m, to 2,154 from a revised 2,171 in March - the first monthly drop since...
Early signs of recovery in Taiwan's exports
Jun 08, 2015 11:55 am UTC| Commentary
Taiwans exports contracted 3.8% y/y in May (Apr: -11.7%; Mar: -8.9%), much stronger than the consensus forecast (-9.5%). On a seasonally adjusted basis m/m, shipments rose 4.5% m/m (Apr: -1.3%; Mar: -3.9%), the first...
IMM Net Speculators' Positioning as at 02 June 2015
Jun 08, 2015 11:43 am UTC| Commentary
Having fallen for six consecutive weeks, the latest snapshot shows an increase in USD longs. Following the better than expected May payrolls report, there is reason to suspect that longs could increase again this week,...
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