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29 May 2015

UK referendum on EZ will go ahead - BNP

FXStreet (Guatemala) - Analysts at BNP Paribas offered a snapshot insight to a few particulars of economies.

"Germany: The property market boom in Germany - "A catching up movement…rather than a bubble.""

"US: A rebound in investment? - "The GDP contraction was confirmed in Q1 2015. The main hindrances were foreign trade, public spending and investment, but they should have less of a negative impact in Q2. Monthly statistics confirm that investment rebounded, but what is really needed is a lasting recovery.""

"UK: There were no surprises in the legislative programme for the new Cameron-led government, which listed the campaign promises. A referendum on UK membership of the European Union will indeed go ahead. Europe now has to find ways of helping the United Kingdom to decide to stay."
May 29, 2015

A busy weekend for Italy in elections - BBH

Analysts at Brown Brothers Harriman noted that Italy holds regional and local elections this weekend.
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May 29, 2015

USD/JPY hits fresh highs but remains limited

USD/JPY rose and printed a fresh daily high at 124.20 but it was unable to rally further. The upside remains limited above 124.00.
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