Monthly archive June, 2013

Talking Points Euro: 1Q GDP Contracts 0.2%, Retail Sales Slumps British Pound: U.K. Service-Based Activity Gathers Pace U.S. Dollar: ADP Disappoints- ISM, Fed’s Beige Book Read More →

EUROPEAN SESSION UPDATE: USD/JPY falls below 100.00 again as delayed ‘Abenomics’ execution frustrates markets… Euro-zone gross domestic product was confirmed to have decline 0.2% in the first quarter, thereby keeping the Euro-zone in a recession for the sixth consecutive quarter of Read More →

Crude oil and gold prices await the ISM Non-Manufacturing Composite gauge to offer guidance on the probability of a near-term reduction in Fed QE efforts. Talking Points Crude Oil, Copper to Follow Risk Trends as ISM Informs Fed Policy Bets Gold and Silver Read More →

The Euro and US Dollar remain focused on the outlook for ECB and Fed monetary policy, with PMI and ISM reports set to guide near-term expectations. Talking Points Euro to Rise if Final PMI Roundup Downgrades ECB Stimulus Bets US Dollar Looks to Read More →

Dollar: Is There Enough in ISM Services Data to Stoke Taper Talk? Euro Circles Suggest ECB Backing Off Stimulus Escalation Option Australian Dollar: In-Line GDP Nudges RBA Rate Cut Expectations Japanese Yen Unmoved by Increasingly Colorful Warnings British Pound: Will Service Sector Round Out Read More →