Live Economic News

Eurozone: PMI consistent with continued steady growth - BBH
Analysts at BBH note that the Eurozone’s flash January PMI was reported and the composite reading of 54.3, down ever so slightly from the 54.4 Decembe

USD/CHF reverses majority of Monday’s losses to reclaim parity
The USD/CHF pair caught some bids at lower level and staged a goodish recovery, reversing majority of its losses recorded in the previous session. Cu

USD/CAD inter-markets: keeping an eye on US
Spot has resumed the upside on Tuesday, mainly bolstered by a better tone around the greenback, while CAD’s outlook remains fragile, particularly foll

EUR/USD maintains bearish bias around 1.0750 area ahead of US data
The EUR/USD pair maintained its bearish trading bias on Tuesday and is currently trading closer to the lower end of daily trading range, around 1.0740

US: Markit manufacturing PMI index stayed more or less unchanged at around 54.3 in January – Danske Bank
Research Team at Danske Bank suggests that today, the US PMI index brings us the first indications on 2017 activity. Key Quotes “The manufacturing P

TNote-Bund correlation: new regime – Natixis
Maryline Perrinet, Research Analyst at Natixis, notes that currently, correlation between TNote and Bund sits at 54%, which corresponds to the levels

US: Existing home sales in focus – BMO CM
Analysts at BMO Capital Markets note that the US housing demand fundamentals ended 2016 on a strong note, reflecting rising household incomes (owing t

GBP has negatively reacted to the Supreme Court's Article 50 ruling - ING
Viraj Patel, Foreign Exchange Strategist at ING, notes that the GBP has negatively reacted to the Supreme Court's Article 50 ruling - which judged tha

Will introduce Article 50 legislation within days – UK’s D.Davis
Brexit Secretary David Davis said the government will introduce Article 50 legislation within days. He added that “Parliament will debate legislation

WTI reverts the downside, approaches $53.00
Crude oil prices are slightly higher on Tuesday, now lifting the West Texas Intermediate to the $52.80 region per barrel ahead of the API report due l

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