Stocks and Dollars

Today ZEW data will be announced in Germany. Sometimes the economic indicator has added to the market momentum. If today’s ZEW figure falls by more than expected, we will most likely see increased pressure on safe havens (USD, GBP and NOKSEK). As the financial market has traded with a negative

Today ZEW data will be announced in Germany. Sometimes the economic indicator has added to the market momentum. If today’s ZEW figure falls by more than expected, we will most likely see increased pressure on safe havens (USD, GBP and NOKSEK). As the financial market has traded with a negative

The Yuan fell against the USD reaching 6.3181 at 06:00 GMT, as Chinese foreign direct investment declined for a six consecutive month. The falling FDI is compatible with a series of economic data such as last week’s worse than expected Fixed Asset Investments and a feeble trade balance missing its

The Yuan fell against the USD reaching 6.3181 at 06:00 GMT, as Chinese foreign direct investment declined for a six consecutive month. The falling FDI is compatible with a series of economic data such as last week’s worse than expected Fixed Asset Investments and a feeble trade balance missing its

The euro (EUR) recorded losses against most of its major counterparts as the never ending political crisis in Greece drags the single currency lower. Greek President Papoulias proposed a government of technocrats in a bid to overcome differences among party leaders. SYRIZA, a left-wing party that wants to renegotiate the

With the start of the second session of this week, markets are still concerned regarding Greece`s future in the euro-area region, where remaining in the monetary union is in serious doubt as political leaders still cannot find common grounds regarding the formation of the coalition government and the previously signed

Industrial production in the Eurozone contracted unexpectedly in March, Eurostat data showed on Monday. Production fell 0.3 per cent from February, when it rose 0.8 per cent.

The release of the RBA’s minutes was the highlight of the session. Yet, the minutes are largely inconclusive, not providing much of an insight in future policy moves by the RBA. Instead, the minutes somewhat explain the boards reasoning behind the 50 bps cut earlier in the month, which was