German factory orders decline in August

Source: Bloomberg
Factory orders in Germany remained in the red in August, indicating that the Euro zone's biggest economy is also vulnerable to headwinds from slowdown in emerging economies. According to Tuesday's report, industrial orders in Germany fell 1.8% during the reported month, while analysts expected the reading to post a 0.5% increase. In the prior month, the revised gauge dropped 2.2%.  
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Tue, 06 Oct 2015 08:17:07 GMT

Oil above $46.00 ahead of US inventory data release

Prices for crude oil were trading flat on Tuesday ahead of a report on US commercial crude inventories. WTI futures for November delivery were down $0.01 to trade at $46.25 per barrel, whereas Brent futures for delivery in November climbed up $0.09 to trading at $49.34 per barrel. In the prior week, the US government reported that refineries operated at

Mon, 05 Oct 2015 11:21:05 GMT

EUR/GBP above 0.74 after release of UK Services PMI

The British services PMI tumbled for the ninth month of the year, down from the 55.6 points in August to 53.3 last month, making it the lowest reading of the services sector activity since April 2013. As a result, the Sterling dropped after the PMI release and the EUR/GBP pair traded somewhat above the 0.74 mark. On Thursday, the BoE will

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