4 January, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices pare gains after jumping on Iran-Saudi Arabia tensions
Futures Movers: Oil prices pare gains after jumping on Iran-Saudi Arabia tensions
Growing tension between Saudi Arabia and Iran caused oil prices to jump in the first trading session of 2016, though prices have since fallen back toward the flat line.
4 January, 2016 by The TZ Newswire Staff Comments Off on Spain Markit mftg PMI Dec 53.4 vs 53.5 prev
Spain Markit mftg PMI Dec 53.4 vs 53.5 prev
Data out a short while ago
Had my focus on gathering the orders
Not key data for the euro right now given attention on equities, or indeed wide of expectations
4 January, 2016 by The TZ Newswire Staff Comments Off on Switzerland Dec mftg PMI 52.1 vs 50.1 exp
Switzerland Dec mftg PMI 52.1 vs 50.1 exp
Latest data just out
– 49.7% prev
USDCHF still around 0.9940 as EURCHF finds demand below 1.0850
4 January, 2016 by The TZ Newswire Staff Comments Off on European equity markets open lower 4 Jan
European equity markets open lower 4 Jan
No surprise and helping to underpin EURUSD still
– FTSE -0.6%
– DAX -2.8%
– CAC40 -1.2%
– FTMIB -1.1%
– IBEX -1.3%
4 January, 2016 by The TZ Newswire Staff Comments Off on Saxony CPI Dec mm 0.0% vs +0.1% prev
Saxony CPI Dec mm 0.0% vs +0.1% prev
First of the German regionals now out
– yy +0.2% vs +0.4%
Euro unfazed at the moment by the softer reading as equity markets continue to fall