BoC Abandons Hike Bias, Riksbank’s Turn to Decide on Policy
The Canadian dollar slid yesterday, after the BoC fully abandoned its hiking [...]
Trading news
Germany's industrial orders stable
Germany's industrial orders, amid a weaker domestic demand in place, remained unchanged for the month of May, thus disappointing the high expectations that the growth would have been better for the second quarter.
Foreign orders, while the euro zone's countries demand surged 4.0%, climbed 1.4%, and domestic demand dropped by 1.9%.
Germany's April data drops 1.9%
Furthermore, April's data, compared to the previous drop of 2.0%, recorded a fall 1.9%.
As per the Economy Ministry, the industrial sector's orders, despite some monthly fluctuations, were broadly stable.
Moreover, the industrial sector's business sentiment shows signs of improvement and probable future development.
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Wednesday, 06 Jul, 2016 / 7:26
Trading news
Bank of Canada doubles down on dovishness
Summary: USDCAD soared to 1.3519 from 1.3440, despite a surge in WTI oil [...]
Gold is falling on positive economic news
Gold continues to lose ground. Its spot price has already dropped below $1270 [...]
