5 April, 2016 by The TZ Newswire Staff Comments Off on Eurozone retail sales Feb mm +0.2% vs 0.0% exp
Eurozone retail sales Feb mm +0.2% vs 0.0% exp
February retails report for the Eurozone 5 April
– +0.3% prev revised down from +0.4%
– yy +2.4% vs +1.9% exp vs +2.0% prev
Upbeat report but not going to change the price much. One for general filing. Welcome news in the high street though after the poor PMIs earlier.
5 April, 2016 by The TZ Newswire Staff Comments Off on More from the order boards 5 April
More from the order boards 5 April
Here’s the latest on the other key pairs
currently 0.9592 still going nowhere fast in a 0.9550-0.9650 range
USDCHF
Offers: 0.9620 0.9660 0.9680 0.9700 0.9730 0.9760 0.9780 0.9800
5 April, 2016 by The TZ Newswire Staff Comments Off on Europe Markets: German stocks lead Europe sharply lower after weak factory data
Europe Markets: German stocks lead Europe sharply lower after weak factory data
European stock markets stage broad-based losses on Tuesday, with an unexpected plunge in German manufacturing orders and global growth concerns weighing on sentiment in the region.
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5 April, 2016 by The TZ Newswire Staff Comments Off on AUDUSD orders 5 April
AUDUSD orders 5 April
Currently 0.7566 and in retreat driven lower by AUDJPY selling.
Offers: 0.7585 0.7600 0.7625[30 0.7650 0.7700 0.7720 0.7735-40 0.7750 (strong)
5 April, 2016 by The TZ Newswire Staff Comments Off on BookWatch: Gold is the pile of poker chips in the next global crisis
BookWatch: Gold is the pile of poker chips in the next global crisis
The author of “The New Case for Gold” says countries such as China and Russia are buying up gold in preparation for the next crisis.
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5 April, 2016 by The TZ Newswire Staff Comments Off on EURJPY orders 5 April
EURJPY orders 5 April
Currently 125.47 and still on the back foot
Combination of yen demand and soft Eurozone data.
Offers: 125.80 126.00 126.20 126.50 126.80 127.00 127.50
Bids: 125.30 125.00 124.75-80 124.50 124.25 124.00
5 April, 2016 by The TZ Newswire Staff Comments Off on March 2016 UK Markit CIPS services PMI 53.7 vs 53.7 exp
March 2016 UK Markit CIPS services PMI 53.7 vs 53.7 exp
Details of the March 2016 UK Markit/CIPS services PMI data report 5 April 2016
– New orders 52.9 vs 54.1 prior. Lowest since Jan 2013
– Composite 53.6 vs 53.4 exp. Prior 52.8. Revised to 52.7
The drop in new orders takes some gloss off. The main positive is that we saw it drop 2.9 points in Feb and it’s recovered 1.0 points back. Not that the pound looks interested as it sits a couple of pips above 1.4200.