Australia

Australia’s federal elections over the weekend saw no major party taking a lead with counting set to resume on Tuesday. In the UK, construction PMI fell sharply in June, plunging to a 7-year low. Eurozone PPI edges higher in May. US markets are closed on account of Independence Day. Today’s Economic events Japan Monetary Base y/y 25.40% ...

2016-07-04 John Benjamin Read more
US Jobs_Wage growth

The British pound lost another 3.30% over the week, marking the second week of declines. The week before, the pound was down by over 4%. The markets remained mixed with a modest risk on rally. The Kiwi gained 0.72% as a result while the Canadian dollar also managed to keep its gains, following a modestly upbeat GDP numbers for April. The risk on...

2016-07-04 John Benjamin Read more