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Monthly archive June, 2016

Preview: US: NFP, ISM, Trade Balance – SEB, BofA, Barclays

SEB:

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BofAML:

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Barclays:

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ECB ups growth cautions on Brexit outcome; Focus now goes on US NFP

As expected no changes in rates came forth from the ECB yesterday, in his conference call ECB president Mario Draghi upped the growth forecast for 2016 from 1.4% to 1.6%, and even inflation is expected to pick up later this Read More →

EURJPY – Bearish Pattern In Making For Euro

Key Points

  • The Euro tumbled vs the Japanese yen recently and closed below a major support area Read More →

Daily report on June 2, 2016

Oil prices are steady currently, ahead of today’s OPEC meeting in Vienna, which is not expected to provide any solutions on containing the oil oversupply. Iran and Saudi Arabia, the two largest oil exporters, have stated that they are not Read More →