Financial and Business News
Economists at Credit Suisse do not expect any significant policy changes from the SNB meeting.
UK CPI rises by 2.1% YoY in May vs. +1.8% expected. Monthly UK CPI arrives
China’s May Retail Sales YoY, the number arrived at +12.4% vs. +13.6% expected and +17.7% last,
Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
EUR/GBP witnessed some fresh selling on Wednesday and erased the previous day’s gains. The formation
Economists at DBS Bank note that CAD weakness above 1.21 per USD gains traction. USD/CAD
A combination of factors prompted some selling around USD/JPY on Wednesday. A cautious mood benefitted
German IFO institute cut the country’s 2021 GDP growth forecast to 3.3% from 3.7% previous
Bitcoin price flashed a buy signal on the weekly chart. The bullish formation has helped
Ethereum price seems prime for rejection. A spike in selling pressure could see ETH drop
