Submitted Jul 22, 2014|From finances.com

The retail sector in Mexico is still struggling to gain momentum as evidenced by this morning’s Retail Sales Figures. The annual rate is now showing at 1.6% growth in contrast to a prior reading of -0.4%, the market had expected this number to grow ...

Submitted May 29, 2014|From finances.com

Spain’s National Institute of Statistics has updated the country’s Gross Domestic Product (GDP) for the first quarter of this year. GDP growth for Q1 is now 0.4%, this is in line with expectations and slightly better than the previous quarters ...

Submitted Apr 22, 2014|From finances.com

Statistics Portugal has withheld details of the country’s Current Account Balance for the month of February which were due this morning, An improvement on last months €0.185Bn deficit was expected. The Portuguese authorities had been hoping for some ...

Submitted Apr 17, 2014|From finances.com

The US dollar was relatively unchanged against a basket of its major peers, but was still poised for a weekly gain of more than half a percent as of Thursday’s afternoon session. The US dollar index, which tracks the greenback’s performance against ...

Submitted Mar 28, 2014|From finances.com

The euro fell to a three-week low against the dollar on Friday, with investors mindful of strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further. Slightly ...

Submitted Mar 27, 2014|From finances.com

Contracts to buy previously-owned US homes fell in February to the lowest level since October 2011, a sign the housing recovery continues to face strong headwinds. The pending home sales index declined 0.8 percent in February, following a 0.2 ...

Submitted Mar 26, 2014|From finances.com

The SNB is blaming the rising Franc for delaying a pickup in the countries inflation rate. Last recorded at -0.1% Swiss prices are stubbornly refusing to rise at a pace that would make the SNB comfortable. On the plus side deflation has all but ...

Submitted Mar 25, 2014|From finances.com

The British pound rose Tuesday, but the outlook continued to dim as consumer inflation eased to a fresh four-year low. UK inflation eased further in February, rising 1.7 percent annually, the Office for National Statistics reported today in London. ...

Submitted Mar 25, 2014|From finances.com|12 comments

The dollar could edge lower as investor begin to absorb one of the first statements by a Fed official that rebukes the concept that the Fed will begin to tighten rates as soon as 6-months from the time its bond purchase program is complete. Philly ...

Submitted Mar 24, 2014|From finances.com|1 comment

The British pound was treading water Monday, as the forex market eyes an active data wire headlined by the consumer price index and retail sales. Observers of sterling will note the currency’s relative weakness in recent weeks. The markets became ...

Submitted Mar 24, 2014|From finances.com|4 comments

Markit Economics have had a busy morning publishing a mixed bag of Eurozone Purchasing Managers Indices (PMI). Attention now turns to the US where they have just released the Manufacturing PMI number for March, at 55.5 this is a small degree worse ...

Submitted Mar 17, 2014|From finances.com

Sterling has enjoyed a strong ride during the latter portion of 2013 but has not received the catalyst needed to drive the currency pair above resistance. Prices have consolidated forming a stretched out flag pattern that should refresh if the ...

Submitted Mar 14, 2014|From finances.com|12 comments

Tension in Ukraine, have pushed the USDJPY to the brink of a breakdown, and traders should be at the ready to pull the trigger on a close below support. This weekend will go a long way in expressing whether the USDJPY will hold, and this should have ...

Submitted Mar 12, 2014|From finances.com|7 comments

Markets in Asia took a turn for the worse overnight as of the Bank of Japan’s action, or rather inaction, combined with growing concerns over China took their toll. The Nikkei suffered the hardest falling 2.6% as Japan’s latest attempt at recover ...

Submitted Mar 11, 2014|From finances.com

January Wholesale Inventories for the US have just been announced at 0.6%. The market had only expected a rise of 0.4%, slightly up on December’s figure of 0.3%. This figure captures the level of goods that have been produced in the US but are ...

Submitted Mar 11, 2014|From finances.com

British Industrial and Manufacturing Production figures have just been released for the month. Industrial Production (year-on-year) is up 2.9%, this is against a consensus figure of 3.0% and a previous reading of 1.8%. The monthly rise however is ...

Submitted Mar 5, 2014|From finances.com

The Australian dollar moved higher on Wednesday poised to test trend line resistance after the government reported stronger than expected growth. Robust household spending and solid exports pushed the GDP report above forecasts. China confirmed its ...

Submitted Feb 28, 2014|From finances.com

The Canadian economy expanded at a faster pace than forecast last year, as output across several major sectors accelerated. Canada’s gross domestic product expanded 2.9 percent annually in the fourth quarter, despite a weather-induced setback in ...

Submitted Feb 26, 2014|From finances.com

UK Gross Domestic Product data has just been released for Q4 2013, the Year on Year figure came in at 2.7% against a consensus estimate of 2.8% and a prior of 1.9%. The Quarter on Quarter number was 0.7% versus consensus of 0.7% and a previous of ...

Submitted Jan 21, 2014|From finances.com

Yields in the US edged slightly higher on Tuesday, as investors begin to focus on the Fed meeting in which the FOMC is expected to further reduce its bond purchasing program by approximately 10 billion dollars of treasury and agency bonds. The ...