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20 May 2015

Developed Global markets snap-shot - ING

FXStreet (Guatemala) - Analysts at ING gave a snapshot of some of the developed global markets.

Key Quotes:

"US: Winter blues over for housing? Bad weather has led to a choppy start to 2015 for the housing market. The latest data suggest that the underlying story looks good."

"Germany: Acrophobia or trend reversal?
Yesterday’s ZEW index shows that German investors have lost parts of their earlier optimism."

"UK: Good deflation. UK CPI is now falling in annual terms, but this is primarily food and fuel, which leaves more money in householders’ pockets to spend on other goods & services."
May 20, 2015

CBRT could hike after the June 7 elections – TDS

Paul Fage, Strategist at TD Securities, sees the likelihood of the Turkish central bank to hike rates following the upcoming elections...
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May 20, 2015

USD/JPY climbs to fresh 2-month highs ahead of FOMC minutes

USD/JPY broke above the 121.10 level and rose to fresh 2-month highs as the dollar picks up momentum ahead of the Federal Reserve meeting minutes.
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