3 September, 2015 by The TZ Newswire Staff Comments Off on July 2015 Eurozone retail sales 0.4% vs 0.6% exp m/m
July 2015 Eurozone retail sales 0.4% vs 0.6% exp m/m
Details of July 2015 Eurozone retail sales data report 3 September 2015
– . Revised to -0.2%
– 2.7% vs 2.0% exp y/y. Prior 1.2%. Revised to 1.7%
– EU 28 states +0.3% vs -0.1% prior m/m
Missed the target but confirmed the rise from June. Revisions add some extra positivity to the report too. EURUSD has fallen asleep at 1.1237
3 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Proxy advisor Glass Lewis calls on Bank of America shareholders to reject board proposal
The Wall Street Journal: Proxy advisor Glass Lewis calls on Bank of America shareholders to reject board proposal
Glass Lewis is opposing a proposal by that would let the bank’s CEO, Brian Moynihan, stay in the role of chairman.
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3 September, 2015 by The TZ Newswire Staff Comments Off on August 2015 UK Markit services PMI 55.6 vs 57.6 exp
August 2015 UK Markit services PMI 55.6 vs 57.6 exp
Highlights of the August 2015 UK Markit services PMI data report 3 September 2015
– Prior 57.4
– New orders 56.2 vs 58.6 prior. Lowest since Apr 2013
– Composite 55.1 vs 56.6 prior
That’s not good, not good at all. Services to the lowest since May 2013
3 September, 2015 by The TZ Newswire Staff Comments Off on 1.5230 important support for GBPUSD over services report
1.5230 important support for GBPUSD over services report
A bad PMI could see the pound make its way through 1.5200 and more
There’s technical support from the broken Nov 2014 resistance line at 1.5230 and that might be all that stands in the way of a bigger move towards the May lows around 1.5170
3 September, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 on track for strongest gain in a week
London Markets: FTSE 100 on track for strongest gain in a week
A jump in EasyJet shares is helping the U.K.
3 September, 2015 by The TZ Newswire Staff Comments Off on Is it time to buy everything? GS vs. Morgan Stanley
Is it time to buy everything? GS vs. Morgan Stanley
Morgan Stanley stirred markets with a “full house” buy alert on European stocks, but a senior executive at rival Goldman Sachs urged caution.
3 September, 2015 by The TZ Newswire Staff Comments Off on August 2015 Eurozone Markit services PMI final 54.4 vs 54.3 exp
August 2015 Eurozone Markit services PMI final 54.4 vs 54.3 exp
August 2015 Eurozone Markit services PMI data report 3 September 2015
– Flash 54.3. July 54.0
– Employment 52.3 vs 51.7 prior
– New orders 53.4 vs 53.8 prior
Every tick counts and Europe is adding them up. There’s certainly signs that slowly the European economy is finding its feet once again. There’s still a couple of patients on the sick bed though 😉