FxWirePro: The Day Ahead- 29th July 2016
Jul 29, 2016 04:26 am UTC| Commentary Economy Central Banks
Lots of economic dockets scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ business confidence declined to 16 in June from 20.2 in May. ANZ activity outlook...
Fundamental Evaluation Series: USD/CHF vs. yield divergence review
Jul 28, 2016 11:07 am UTC| Commentary Central Banks Economy
In recent days, Swiss francs correlation with the 2-year yield spread (US-Swiss 2 year) has dropped to 25 percent but time on time again it shows relatively high positive correlation, as high as 80 percent at times. Just...
Coup and crackdown likely to take toll on Turkey’s tourism
Jul 28, 2016 10:40 am UTC| Commentary Economy
An attempted coup on July 15-16 and crackdown after that which has so far led to more than 60,000 government workers, military personnel, teachers, and journalists being either jailed, detained, or suspended is likely to...
Fundamental Evaluation Series: GBP/USD vs. yield divergence review
Jul 28, 2016 08:38 am UTC| Commentary Central Banks Economy
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. The cozy relationship between the yield spread and the exchange rate, in this case, is quite visible. Back...
UK house prices defy referendum uncertainties in July
Jul 28, 2016 08:10 am UTC| Commentary Economy
According to the latest report from Nationwide, house prices in the United Kingdom kept rising in July. House prices on an average rose 0.5 percent in July, which is higher by 5.2 percent when compared to a year back data....
Fundamental Evaluation Series: EUR/USD vs. yield divergence review
Jul 28, 2016 07:41 am UTC| Commentary Central Banks Economy
The chart above shows, how the relationship between EUR/USD and 2-year yield divergence has unfolded since 2012. It is evident that these short rates have been akey influencing factor for the pair as policy divergence...
FxWirePro: The Day Ahead- 28th July 2016
Jul 28, 2016 04:17 am UTC| Commentary Economy
Lot of economic dockets scheduled for today but all with low to medium risks associated. Data released so far: Australia: Import price index declined 1 percent q/q in second quarter, while export prices rose by...