“In making those comments I was neither trying to assess the nominal exchange rate (of the yen) nor forecast its future movement,” Kuroda said today during a session of the upper house financial affairs committee in an attempt to clarify controversial remarks he had made last week about the local...
Currency
  • 738
16 June 2015, 08:48 #usd/jpy, forex news
Tomas Jordan, President of the Swiss National Bank, has little room for maneuver now that Switzerland's economy is on the verge of its first recession in more that six years...
Analytics & Forecasts
  • 1213
15 June 2015, 19:22 #economy news, forex news
Commodity consultant for INTL FCStone advises investors to watch the Greek bailout talks from the sidelines as he remains neutral on the gold market. Meanwhile, Commerzbank's commodity strategists consider that the Greek crisis will hardly boost gold as a safe asset...
Metals
  • 1239
15 June 2015, 16:46 #metals, gold
On Monday U.S. stock futures added to losses after soft manufacturing data. They were already pressured by losses in European equities which plunged on Greek worries...
Market News
  • 928
15 June 2015, 15:49 #Stoxx Europe 600, Nasdaq
"Qualified foreign investors (QFIs) could commence dealing in listed shares," Saudi Arabia's stock exchange said in a statement. However, in analysts' view, tough regulations may decrease investors' enthusiasm...
Events
  • 825
15 June 2015, 13:05 #investing, stocks
Ratings agency Standard & Poor's downgraded Britain's economic prospects as it estimated the country's potential exit from the 28-member bloc...
Analytics & Forecasts
  • 672
15 June 2015, 12:15 #investing, economy news
This week the market sentiment is dominated by the Greek woes as well as the looming FOMC meeting. The British currency was therefore lower on Monday, as the safe-haven demand for the greenback was boosted...
Currency
  • 605
15 June 2015, 12:01 #FOMC, GBP/USD, forex news
On Monday gold prices edged higher as uncertainties over the Greek crisis lent support to the metal. Investors were looking ahead to the FOMC meeting due on Wednesday...
Metals
  • 751
15 June 2015, 10:25 #FOMC, metals, Fed
Below are listed the events which are likely to influence market sentiment in the period from June 15 to June 19...
Events
  • 777
15 June 2015, 09:57 #economic calendar, RBA
On Monday the single currency dropped against the dollar and the yen, as lack of progress at weekend negotiations between Greece and its creditors weighing on the euro...
Currency
  • 564
15 June 2015, 09:04 #IMF, usd/jpy, forex news