Czech National Bank unlikely to exit from EUR/CZK floor
Jul 13, 2016 05:17 am UTC| Commentary Central Banks
The latest minutes of the Czech National Bank show a consensus amongst the monetary policy board that the present policy is sufficient and that FX targeting should not be extended beyond mid-2016, nor introduce negative...
Asian markets open higher; gold hits fresh 8-day low at $1,327
Jul 13, 2016 05:08 am UTC| Commentary
Major Asian indices are trading on a positive on the 3rd consecutive day. Today gold hits fresh 8 day low at $1,327 marks. On the other side, Japanese yen fails to jump above 105.00 mark and trading around 104.25...
FxWirePro: The Day Ahead- 13th July 2016
Jul 13, 2016 04:53 am UTC| Commentary Economy
Lots of economic dockets scheduled for today and some with high volatility risks associated. Data released so far Australia: Westpac consumer confidence declined by 3 percent in July. Japan: industrial...
Carney fails to provide definitive cues over the prospects of a BoE rate-cut announcement
Jul 12, 2016 15:37 pm UTC| Commentary
UK Monetary Policy Committee will meet on July 14 for the first time following the EU referendum result. Eyes are now set at the forthcoming reaction of policymakers to the Brexit vote. Market expectations are riding high...
Household debt-to-GDP in New Zealand rises at a relatively fast pace
Jul 12, 2016 15:21 pm UTC| Commentary
Westpacs report said that household debt in New Zealand has risen to record levels, and it has been rising at a faster pace than in other developed economics. This warning comes on top of concerns expressed by the Reserve...
Speculation about stimulus measures put pressure on yen
Jul 12, 2016 15:03 pm UTC| Commentary
Japan economy minister Ishihara was out on the wires last hour via Reuters, commenting on the economic stimulus expected to be on the cards soon. Markets were initially disappointed after announcement from Japanese...
Australia's business confidence rebounds in June, shrugs off Brexit volatility
Jul 12, 2016 14:05 pm UTC| Commentary
The latest survey from National Australia Bank showed on Tuesday that business confidence in Australia improved in June. The NAB business confidence index rose to 6.0 in May from 3.0 in the previous month. The...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level