FinData: Daily Market Report

Italy's Veneto Bailout To Cost Up To €17 Billion - This Is Another Dreadful ...

26 Jun 2017 19:41

Forbes

The Italian government has announced the potential costs of the bailout of the two Veneto banks, up to €17 billion--and this is a cost that we really must put down to the entirely dreadful economic effects of the euro. Here I don't mean the manner and ... more...

Babis says Czech Republic wants 'no euro'

27 Jun 2017 00:00

Press TV

Babis, whose ANO party could be a likely winner of the October general election in the Czech Republic, emphasized that the national currency koruna was enough to insulate the country from crisis. “No euro. I don't want the euro. We don't want the euro ... more...

Investec downgrades Mediclinic on expectations for weak SA rand

26 Jun 2017 22:30

DIGITALLOOK

In local currency, the analyst marked down her estimates for the company's earnings before interest, taxes, depreciation and amortisation in South Africa for 2018 and 2019 by -5% and -6%, in Switzerland by -3% and -8% and in the UAE by -20% and -21%. more...

EUR/USD - Euro Ticks Lower, German Business Climate Hits Record High

26 Jun 2017 23:15

Seeking Alpha

The euro has inched lower in the Monday session. Currently, EUR/USD is trading just below the 1.12 line. On the release front, German Ifo Business Climate improved to 115.1, above the estimate of 114.6. more...

Pound V euro: GBP surges against EUR after Italian banking news

26 Jun 2017 22:18

Express.co.uk

... dovish outlook likely to weigh on sterling sentiment. Meanwhile ECB President, Mario Draghi will speak in Portugal later this evening, with the euro possibly weakening if Draghi continues to sing the virtues of the central bank's ultra-loose ... more...

Pound to South African Rand: Forecast to Rise to 16.85 in Week Ahead

26 Jun 2017 22:18

Pound Sterling Live

The Pound to South African Rand is in a long-term downtrend as reflected by the fact that it is still trading under a major trendline. more...

South Africa's rand gains for third session, gold shares slide

27 Jun 2017 03:56

Reuters UK

JOHANNESBURG South Africa's rand gained on Monday for a third straight session as fading expectations that the U.S. Federal Reserve will hike interest rates again this year kept investors keen on emerging market currencies. more...

How Positive Equity Sentiment Is Affecting the Japanese Yen

27 Jun 2017 09:45

Market Realist

The Japanese yen (FXY) closed for the week ending June 23 at 111.3, depreciating against the US dollar by 0.39%. The Japanese yen traded on a sideways note for most of the previous week as political and economic uncertainties remained lower. The US ... more...

Will Political Uncertainty Drag the British Pound Lower?

27 Jun 2017 09:45

Market Realist

The British pound (FXB) has been sailing along since the UK election this month. The current UK Prime Minister is fighting to hold on to the government and needs to prove her party's majority in the House of Commons this week. more...