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Euro records gains!After Friday’s jobs data and the referendum in Italy, investors’ attention will now shift to the Bank of Canada (BoC) and the European Central Bank (ECB), which are...
If we compare Australia with major world economies, we see a very nice picture. The country has low a unemployment rate, low inflation and low government spending, accompanied by one of the fastest...
On Sunday, Italian voters rejected by a wide margin a constitutional reform put forward by Prime Minister Matteo Renzi. The result plunges Italy into a likely period of extended uncertainty and...
In this past weekend’s missive, I said: Following the election, the market has surged around the theme of ‘Trumponomics’ as a ‘New Hope’ as tax cuts and infrastructure...
It’s all eyes on the Italian referendum this morning, with the polls closing at 09:00 AEDT, and exit polls announced shortly after, with a result expected to be known by the European equity and...
Stocks Fluctuated After The Result Of The Italy's Referendum On Sunday.Early reactions from the Italian referendum defeat sent the global stocks to the offensive ground. After the upbeat performance...
Today’s support: - 1.6828 and 1.6782 (main), where correction is possible. Break would give 1.6740, where correction also may be. Then follows 1.6706. Break of the latter would result 1.6678. If...
Quitaly?The Italian referendum has ended in a vote against Matteo Renzi’s government and as such, the Prime Minister has resigned as he said he would. The euro has fallen by around 1% overnight...
Before the weekend came to a close, Italy said no to constitutional reform and subsequently, said goodbye to their Prime Minister, Matteo Renzi. The referendum result is a huge victory for right wing...
by Eli WrightThough the results of Italy's much awaited constitutional referendum were no surprise, (polls actually got this one right), still Matteo Renzi's stinging defeat yesterday puts the Italian...
The euro-zone appears to be on target for another banking crisis during 2017. Also, the stage is set for political upheaval in some European countries, a general worsening of economic conditions...
Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of December 5th – December 9th,...
Renzi quits after losing the referendum. EUR/USD heading towards 22-month low, will it break 1.05?Italy held its referendum over the weekend. Italy’s Prime Minister Matteo Renzi proposed...
Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely.That said, there are some...
ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. Market is not expecting any further actions out of ECB today, but it will...