Australian Q1 GDP Forecast Lowered to 0.2% q/q vs 0.4% – Westpac

Analysts at Westpac are out with their responses on the Australian current account data, highlighting its implications on the first quarter Ausie growth numbers...

BoE Haldane’s Hawkish Comments Keeps GBPUSD Mixed – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 22/06/2017 The US dollar index closed bearish yesterday after price rallied to the technical resistance level of 97.40 - 97.50. This...

A Brexit Breakthrough?

More words camouflage lack of progress It seems that both sides in the Brexit negotiation are becoming familiar with the bureaucratic notion of prevarication. At the...

Daily US Opening News: Strong UK retail sales fails to lift GBP

Modest gains for EU bourses ahead of the ECB meeting. GBP softens despite better than expected UK retail sales data. Looking ahead, highlights...

Europe’s Unemployment Lowest Since 2009. EUR down?

After very good data of EU industrial PMI, Eurostat shortly after 11:00 published results of May Labor Market Report. Unemployment in euro area remained...

Daily Macro Commentary

Yesterday Barack Obama authorized further US actions in Iraq – but this will not be an intervention similar to the previous ones. Americans want...

Dovish ECB In Danger

Failure to accept the inevitable drives concern One of the more interesting facts that emerged from yesterday’s meeting of the General Council of the ECB...

Confusion reigns!

Market suddenly hit with drivers from all directions. So, does the U.S. have a dollar policy? Be it weaker be it stronger, Trump and Mnuchin...

Asian Session Overview – AUD Benefits from Quarterly Report of RBA

About 01:30 our time Reserve Bank of Australia released a statement on monetary policy - the document should not be confused, however, with a...

Market Overview – Asia Welcomes New Year

Today's session should belong to those calmer. It should because we are still waiting for important data from America. Meanwhile, some of the Asian...

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