Currency snapshot (major pairs)
Jun 27, 2016 12:17 pm UTC| Commentary
Dollar index trading at 96.51 (+0.58%) Strength meter (today so far) Euro +0.51%, Franc +0.42%, Yen -0.98%, GBP +0.69% Strength meter (since last week) Euro +1.01%, Franc +0.33%, Yen -1.54%, GBP +3.78% EUR/USD...
South Korea’s headline inflation likely to have recovered modestly in June
Jun 27, 2016 12:12 pm UTC| Commentary Economy
South Korean headline CPI inflation is expected to have recovered modestly on a year-on-year basis. However, it is likely to continue to be at very low level below 1 percent, said Societe Generale in a research report. On...
Jun 27, 2016 12:07 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down as Brexit fear weigh. Todays range $48 -46 WTI is currently trading at $47.1/barrel. Immediate...
Commodities snapshot (precious & industrial)
Jun 27, 2016 12:05 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold Gold is up on Brexit risk aversion. Todays range $1314-1335 Gold is currently trading at $1332/troy ounce. Immediate support...
Eurozone private sector loans edge higher in May despite Brexit reality
Jun 27, 2016 11:58 am UTC| Commentary Economy
Private sector loans edged higher in Eurozone for the month of May despite the United Kingdoms historic decision on June 23 to leave membership of the European Union. Though the data has been compiled before the UK voted...
Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook
Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy
The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...
Briferendum Series: key political updates
Jun 27, 2016 11:48 am UTC| Commentary
Lots are happening surrounding the referendum, especially on the political front. A clear division has emerged in the United Kingdoms Labour Party. Lot many members have called for the resignation of Jeremy Corbyn,...
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