US Q1 GDP growth revised to 1.1 pct; weak consumption raises concern of household sector’s health
Jun 29, 2016 05:44 am UTC| Commentary
The real GDP of the U.S. economy was revised up in the third estimate. The economy grew at an annual rate of 1.1 percent quarter on quarter in the first quarter of 2016 as compared with the earlier estimate of 0.8 percent,...
Japan retail sales remain unchanged in May, decline on year
Jun 29, 2016 05:25 am UTC| Commentary
Japans retail sales remained unchanged in May, highly underscoring the difficulty Prime Minister Shinzo Abe faces in reviving consumer sentiments and boosting the nations economic prospects. Japan May retail sales...
Australian bonds slump as global risk sentiment improves
Jun 29, 2016 05:18 am UTC| Commentary
The Australian government bonds slumped Wednesday as investors switched to risk-on mode after two days of mayhem. Also, Investors shifted from safe-haven buying after markets saw modest further gains in first quarter US...
FxWirePro: The Day Ahead- 28th June 2016
Jun 29, 2016 04:31 am UTC| Commentary Economy
Lots of economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Australia HIA new home sales declined -4.4 percent in May. Upcoming: Germany: GFK...
A solid close in U.S. markets lead Asian markets higher, gold appreciates in early hours
Jun 29, 2016 03:52 am UTC| Commentary
All the major Asian indices are trading on a positive note on Wednesday. In addition, U.S. markets closed higher overnight and lead Asia to open up higher too. On the other side, gold continue to trade higher and remains...
Chart of the Day: Violent volatile Friday
Jun 28, 2016 16:20 pm UTC| Commentary
According to this chart shared by Bank of America Merrill Lynch (BofAML),vote-counting Fridaywas most volatile ever for the G-10 currencies. For many, Friday was a day that many havent seen a day like Friday, especially...
Banxico rate decision on Thursday likely to be a close call
Jun 28, 2016 15:04 pm UTC| Commentary
Mexican central bank meets on Thursday, June 30 to decide monetary policy and opinions among the members remain quite divided ahead of the meeting. Admittedly, uncertainties have grown exponentially since Brexit, but risks...
FxWirePro- Major Economic Events for the day
FxWirePro- Major Economic Events for the day
Australia's Employment Growth Slows: Key Insights from October 2024
FxWirePro-Major Economic events today
HTX Cracks Down on Phishing and Theft: Over 280K Security Alerts Sent to Protect User Assets