December 7, 2016

Americas Roundup: Euro firms against dollar before ECB meeting, Wall Street surges to new highs, Oil slips on bearish U.S. inventory report, doubts over OPEC cut-December 8th, 2016

Market Roundup •    BoC holds rates steady at 0.50%, cites economic slack; current state of Monetary Policy remains appropriate. •    Euro firms against the dollar before ECB meeting, GBP weakens after industrial output drop. •    U.S. crude draws down -2.4mn...
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Europe Roundup: Sterling tumbles below 1.2600 following downbeat industrial report, euro range bound ahead of ECB policy meeting, European shares advance – Wednesday, December 7th, 2016

Market Roundup USD/JPY +0.02%, EUR/USD +0.01%, GBP/USD -0.7%   DXY +0.07%, DAX +1.52%, Brent +0.22%, Iron +6.53%   Germany Oct Industrial Output 0.3% m/m vs revised -1.6% previous, +0.8% expected   UK Oct Industrial Output -1.1% y/y vs 0.3% previous,...
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