Uncertainty, weak exports reduce expectations of upbeat Eurozone economic growth

Jul 15, 2016 11:33 am UTC| Commentary

The eurozone economic growth expectations have been reduced post the Brexit outcome, following global financial uncertainty and weak growth in exports. Brexit puts pressure on still fragile domestic demand, a weak banking...

New Zealand’s CPI inflation likely to have accelerated in Q2 on recovery in fuel prices

Jul 15, 2016 11:27 am UTC| Commentary Economy

New Zealands consumer price index inflation for the second quarter is likely to accelerate 0.5 percent. The quarterly acceleration of inflation is likely to raise the annual inflation rate to 0.5 percent, a second modest...

FxWirePro Commodities Watch (Energy):

Jul 15, 2016 11:27 am UTC| Commentary

Understanding commodities are vital to gauge the performance of other asset classes such as bonds, equities, and even currencies. Since, 2014, any regular follower of financial markets would be able to recall that how...

Euro area’s annual headline inflation turns positive in June

Jul 15, 2016 11:20 am UTC| Commentary Economy

Euro areas annual inflation in June accelerated 0.1 percent, as compared with -0.1 percent recorded in the month of May, according to Eurostat. On a month-on-month basis, consumer prices rose 0.2 percent in June. Major...

Norway’s value of exports falls in June on decline in oil production and lower prices

Jul 15, 2016 11:14 am UTC| Commentary Economy

Norways goods exports declined in June by 14.9 percent year-on-year to NOK 60 billion. Lower oil and gas prices, reduced oil production and maintenance brought the value of export down in the month, according to Statistics...

FxWirePro Commodities Watch (Softs):

Jul 15, 2016 11:06 am UTC| Commentary

We, at FxWirePro, have been sensing a change in the commodities market. After months and years of battering by traders and investors, this year, they are once again becoming the darlings. Many of the commodities have risen...

Chinese economy remains under pressure, monetary policy to remain accommodative

Jul 15, 2016 11:04 am UTC| Commentary

The Chinese economy is expected to remain under pressure in the near term, given the global slowdown that is hampering investor sentiments and consumer confidence. Chinas economy is still under pressure, implying that...