Inflation in U.K. rises to the highest level since 2014. The import cost boost to four year top on clear evidence that the Sterling is droping againts other major currencies. Consumer-price growth picked up to 0.6 percent from 0.5 percent in June, showing the data comming from the Office of National Statistics in London. … More First sign’s of inflation after Brexit . .
-“Everyone’s scared, “There are too many events coming up for investors to take a plunge.” that was the last sentences coming from a strategist at Toyo Securities Co. in Tokyo headquarter. Which we all will confirm the logic in it. Markets could be skittish in the week ahead as the Federal Reserve meets and investors increasingly … More Nervousness after all time high ..
While the International Monetary Fund has warned that Britain quitting the European Union would be a risk to global financial stability, one of the asset classes most vulnerable to the shock isn’t hearing the alarms, according to Allianz Global Investor’s sterling fund manager.Peripheral euro-area government bonds are under pricing the risks of a … More CPI m/m Fundamental’s UK. .
USD – RETAIL SALE’S m/m Date Actual Forecast Previous Apr 13, 2016 -0.3% 0.1% 0.0% This is the earliest and broadest look at vital consumer spending data for the United States. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. Any changes upon the … More USD – Retail sale’s m/m
Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy investors. South Korea’s won dropped by the most in four months, crude oil traded below $44 a barrel and sovereign bonds rallied. Australia’s benchmark was set for its biggest loss in a month as … More Asia pacific and the rest ; outlook
GBP/USD Looking ahead, a relatively quiet economic calendar is headlined by UK Construction PMI figures. Broadly speaking, UK economic news-flow has improved relative to consensus forecasts over the past two months, opening the door for an upside surprise. Such a result may help encourage a recovery from the British Pound after … More Watching for weakness , buying correction..
For the first time since the Asian and Russian crises rocked world financial markets in the late 1990s, U.S. monetary policy is as focused on the risks to global growth as it is on the domestic economy. Driving the resurgent internationalism inside the Federal Reserve is concern about how dollar strength — reinforced by aggressive … More Dovish outlook.., is the world economy “fragile place” ..?!
Financial markets are being swayed by divergent monetary policies in the world’s leading economies. Fed funds futures show the odds of a U.S. rate increase by the end of June have shot up to 54 percent from about 6 percent in the past month as data indicated growth is strengthening in the nation. China … More Investor’s: Are we waiting for something..?!
Current rate – 1.10617 (%change) – (-0.59%) Day range – 1.1055 / 1.1135 As we seen on the chart above EUR/USD is sliding slightly down from 78.40% fib level to 50.00% fib level with barely break in the recent level which is the 50% fib as we said, meanwhile there we can located … More EUR/USD ; DAILY CHART
The dollar edged higher against the euro Friday after U.S. core consumer prices recorded the largest monthly gain since August 2011.U.S. core prices, a measure of inflation that excludes food and energy, jumped 0.3%, driven by rising medical care and housing costs. EUR/USD ; DAILY CHART The shared currency has steadily declined … More Dollar strength vs Euro inflation signs . .