ECB

The British pound closed the week as the top currency gaining 1.38% relative to the US dollar. The gains came on a surprise improvement in the UK's manufacturing PMI. Although construction PMI still showed a contraction, the better than expected improvement added to the optimism. Following the GBP, was the Kiwi dollar which also managed to post ...

2016-09-05 John Benjamin Read more
FED RBNZ_New Zealand Dollar

Market Summary New Zealand wage growth seen subdued in Q2 Eurozone services PMI better than estimated UK services PMI contracts. Falls to 47.4 Atlanta Fed's Lockhart does not rule out a rate hike in September ADP payrolls rise for the second consecutive month Today’s Economic events UK BRC Shop price index y/y -1.60%...

2016-08-03 John Benjamin Read more
RBA

The Reserve Bank of Australia opted to keep interest rate unchanged at 1.75% at its meeting today. The Bank of England released its Financial Stability report and lowered the bank’s capital buffer requirements, in a bid to allow for nearly 150 billion GBP in additional lending for households and businesses in the UK. Today’s Economic events ...

2016-07-05 John Benjamin Read more