Spain Sept mm jobless rises 0.82%

Spain Sept mm jobless data just out 3 Oct   rise of 27,858 to 3.4mln workers registered with social security system rises by 0.14mln seasonally adj registered unemployed fell by 16,451 mm Meanwhile EURUSD up to 1.1720 from 1.1696 session lows with EURJPY and USDJPY also finding dip demand.                                              EURUSD 15m Create your survey with

Technical analysis of NZD/USD for October 03, 2017

Our first target which predicted in yesterday’s analysis has been hit. NZD/USD is under pressure and expected to continue its downside movement. The pair retreated and broke below its 20-period and 50-period moving averages. In addition, the declining 50-period moving average suggests that the prices have a potential for a further decline. The relative strength […]

Italy Q2 GDP qq revised down to 0.3%

Italy Q2 GDP revisions now out 3 Oct vs 0.4% provisional yy 1.5% unch Q1 GDP qq revised up to 0.5% vs 0.4% yy 1.3% revised up from 1.2% Q2 public deficit to GDP ratio 0.5% vs 0.4% in Q2 2016 Jan-June deficit to GDP ratio 2.4% vs 2.6% in Jan-June 2016                                            Italy public […]

Moody’s say benefits of Japan sales tax outweigh the negatives

US ratings agency Moody’s De Guzman speaking to Reuters 3 Oct as long as govt remains committed to fiscal reform then the exact timing of achieving primary surplus mot as important recent economic growth supported by govt policy, structural reforms is gaining traction risks to sovereign rating remains balanced Seemingly upbeat assessment. USDJPY back down to […]