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Asian equity markets have opened on a positive note this morning following the strong gains posted in the US session yesterday on the back of increased risk seeking resulting from better than expected economic data out of the US. The ISM manufacturing index bettered analysts estimates at 56.3 actual v

Asian equity markets have opened on a positive note this morning following the strong gains posted in the US session yesterday on the back of increased risk seeking resulting from better than expected economic data out of the US. The ISM manufacturing index bettered analysts estimates at 56.3 actual v

Today, ECB policy makers will announce interest rate for the month of September with expectations that they will leave the rate steady at 1.00% to reinforce recovery that is gathering momentum. The economy grew in the first two quarters of the current year boosted by the introduced stimulus, improvement in

Today, ECB policy makers will announce interest rate for the month of September with expectations that they will leave the rate steady at 1.00% to reinforce recovery that is gathering momentum. The economy grew in the first two quarters of the current year boosted by the introduced stimulus, improvement in

Asian equity markets are in the green across the board, even though the gains are just remnants of the outsized rally seen in US hours. Nikkei225, opening up about 1.5%, has since retreated to more modest gains coming out of its midday break. Investors remain unimpressed over the greenback’s limited

Asian equity markets are in the green across the board, even though the gains are just remnants of the outsized rally seen in US hours. Nikkei225, opening up about 1.5%, has since retreated to more modest gains coming out of its midday break. Investors remain unimpressed over the greenback’s limited

UK Nationwide HPI m/m came in at -0.9%, weaker than the -0.3% expected and the prior reading of -0.5%.

Gbp/Usd is trading at session lows, currently 1.5402.

UK Nationwide HPI m/m came in at -0.9%, weaker than the -0.3% expected and the prior reading of -0.5%.

Gbp/Usd is trading at session lows, currently 1.5402.

The Swiss franc gained some strength after second quarter GDP came in slightly better at 0.9% versus the forecast of 0.8% and previous reading of 0.4%. The CHF is now trading off session highs against the USD.

The Swiss franc gained some strength after second quarter GDP came in slightly better at 0.9% versus the forecast of 0.8% and previous reading of 0.4%. The CHF is now trading off session highs against the USD.