Pound buyers prevailing as European trading unfolds 20 June 2016 Highs now of 1.4672 for cable after a test of the 1.4550 support/area that I highlighted earlier. More layers of offers/res into 1.4680-1.4700/20 with stops above if breached. EURGBP has broken down through the 0...
Positive tones as expected on Brexit fears abating 20 June 2016 FTSE +2.1% DAX +2.4% CAC40 +2.6% FTMIB +1.6...
China's fx regulator,SAFE, out with their latest data 20 June 2016 Jan-May total sales USD 161bln This is effectively the level of PBOC intervention which is executed through the banks. Lesser activity as already highlighted the slower pace of FX reserve reduction. Says SAFE...
UK bookmakers Betfair move the odds out on Brexit 20 June 2016 implied probability of a Remain vote at 72% vs 65% on Frday No surprises given the latest news and probably already factored in to the GBP price...
IMF deputy MD Lipton speaking on Japan after Article 4 meetings 20 June 2016 flexible exchange rate system serves Japanese economy well. Abe and Kuroda may fail to see the positives methinks difficult to spur inflation without raising wages 2% inflation unlikely in 2017...
Positive tones for equities as Brexit fears subside 20 June 2016 +365.64 open 15839.06 high 16035.44 low 15835.86...
Japan May department store sales data 20 June 2016 Tokyo dept store sales yy -4.5% vs -1.5% Weak data helping to confirm that Abe was right to delay sales tax hike. Meanwhile Nikkei up +2.41% at 15980.51 heading into the close. USDJPY 104.62...
The pound has rallied strongly since Friday as Brexit fears subside 20 June Strong rally since the move began late in NY as a combination of poll results and general sentiment emanating from the tragic murder of Jo Cox has lent itself to some short covering. GBPUSD has posted 1...
Your economic data/event calendar for today 20 June 2016 Greetings one and all. I trust you had a good week-end and suitablY rested for the huge week ahead. Quiet start on the data front but that's not going to stop us seeing some action...
Japan - Trade balance data, May Japan - Trade balance for May, deficit of 40.7bn yen expected Y 70bn, prior Y823.2bn And adjusted trade balance for May Y 269.8bn expected Y113.4bn, prior Y426.6bn...
Data out from New Zealand this morning so far: Westpac Q2 Consumer confidence in at 106.0 prior 109.6 Services PMI for May, 56.9 prior 57.8, revised from 57.7...
Welcome to the market open of the FX week, and good forex morning, afternoon or evening to all. The forex market is just getting started in New Zealand at this time of the week. Market liquidity is super thin...
UK PM says it 'would be wrong thing for me to quit' if Brexit vote succeeds In the wake of the Jo Cox assassination, the polls are showing a shift towards the remain side and with many voters still undecided, the chance of the 'leave' side winning is dwindling...
Bank of Italy governor and ECB governing council member Visco speaking in La Repubblica 19 June 2016 The article was published yesterday but I've just found it combing through a few headlines...
The Independent today reporting on a petition to have the EU referendum cancelled 19 June 2016 a petition to cancel next week's European Union referendum has surged in support in the days following the killing of MP Jo Cox...
Luxembourg's foregin minister Jean Asselborn quoted in Tagesspiegel am Sonntag today 19 June 2016 historic mistake from PM Cameron to even think about calling a referendum on EU membership "It can not be ruled out that Brexit leads to a domino effect in Eastern Europe...
Andrea Enria head of the European Banking Authority published in Welt am Sonntag today 19 June 2016 "If the British should decide to leave the EU, we actually would have to move to another European capital...
China has released its latest house price data 19 June 2016 The figures were published yesterday in fact, but posting here now as a heads up. yy +6.9% vs +6.2% prev The HPI is based on transactions involving conventional and conforming mortgages - only on single-family properties...
Stickers and leaflets are seen on a table ahead of a Vote Remain event at Manchester Metropolitan University's student Union in Manchester, northern England June 16, 2016...
A vote ''Leave'' sticker is seen on a car parked in London, Britain June 14, 2016...
