Monthly Archives: June 2016

Middle-Week in Focus

°Spain’s Conservative Win Election but Miss Absolute Majority  As in December 2015, the parliamentary elections in Spain have not changed the balance of power significantly. The conservative Popular Party (PP) is still the strongest force, but missed the absolute majority … Continue reading

Posted in Fx Market

Brexit fears remain on the markets.

Wednesday saw the pound advance against the USD, JPY and CHF as global equity markets advanced and risk appetite returned to the market. The pound has opened slightly higher today on the back of some encouraging net lending to individuals … Continue reading

Posted in Fx Market

Currencies and the financial markets have been saved by quarter end flows.

Good Morning Users; In less than 24 hours, Q2 draws to a close, which means equity funds and corporations will need to rebalance their portfolios and window dress their balance sheets after this month’s strong moves.  Before today’s recovery, the … Continue reading

Posted in Fx Market

Referendum britannico: ripercussioni globali

Gentili utenti buonasera; la spiazzante vittoria del “Leave” si è abbattuta pesantemente sui mercati finanziari, ma ora è il momento di ragionare a mente fredda. Nonostante l’esito del referendum, il Regno Unito resterà protagonista sulla scena europea, forte di un’economia … Continue reading

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EM currencies strengthen on low US rate prospect

BCB released its quarterly inflation forecast. Yesterday, the Brazilian central bank (BCB) released its quarterly inflation report and updated its inflation and growth forecast. The BCB’s 2016 inflation forecast was revised higher to 6.9%, compared to 6.6% in the March … Continue reading

Posted in Fx Market