Spanish retail sales ease in August; economic growth likely to witness pressure in 2017

Sep 29, 2016 10:03 am UTC| Commentary Economy

Retail sales in Spain eased during the month of August, compared to a year earlier period; also, the countrys economic growth is likely to witness pressure during 2017 in midst of a political deadlock that has left the...

U.K. mortgage approvals sink to lowest in two years, miss expectations

Sep 29, 2016 09:31 am UTC| Commentary Economy

Mortgage approvals in the United Kingdom sunk its lowest level in almost two years , painting a mixed picture of the countrys housing market since the inception of the Brexit vote on June 23. UKs mortgage approvals...

Briferendum Aftermath Series

Briferendum Aftermath Series: J-curve with complications

Sep 29, 2016 08:26 am UTC| Commentary Economy

Whenever you read that sterling depreciation that occurred immediately after the outcome of the June referendum would be good for the UK economy boosting exports, take it with a pinch of salt and remember the J-curve....

FX Hedging Strategy Series

FxWirePro: EUR/GBP “Diagonal Credit Call Spread” to address both momentary declines and major uptrend

Sep 29, 2016 07:39 am UTC| Economy Research & Analysis

This week, although EURGBP is losing in its price, we remain bearish of GBP, and forecast a 5-10% move from here in GBP/USD, taking the pair below 1.25, taking EUR/GBP to a little above 0.90. EURGBP was at 0.8616 from...

Peso remains the worst performer in Asia following subdued investor confidence

Sep 29, 2016 07:26 am UTC| Commentary Economy

The Philippines peso remained the worst performer amongst all Asian currency pairings over the past one month, following subdued investor confidence in the economy, given that is has been recently shaken by the recent...

South Korea's exports in September likely to disappoint as manufacturing sector loses steam

Sep 29, 2016 06:16 am UTC| Commentary Economy

Exports growth in South Korea is expected to disappoint during the month of September as the countrys manufacturing sector has lost steam during the period. South Korean exports are projected to fall back into the...

Stark differences in retail spending growth seen throughout New Zealand

Sep 29, 2016 05:35 am UTC| Commentary Economy

New Zealands retail spending has been expanding at a stronger pace. In the past year, retail sales have increased by 4.5 percent in nominal terms. Sales have been up by 18 percent since 2012. Moreover, with inflation...