Fitch: Australian Federal Budget is credit neutral

The US ratings agency, Fitch ratings published with their review of yesterday’s Australian federal budget plans on Wednesday. The agency noted that the Australian Federal Budget is credit neutral.

May 4, 2016

EUR/GBP clocks fresh 2-week highs on EZ PMIs

The cross in the EUR/GBP ran through fresh bids just below 0.79 handle in the last hour, and now extends higher to fresh two-week highs following the release of Euro zone final services PMI reports.

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May 4, 2016

United Kingdom PMI Construction below expectations (54) in April: Actual (52)

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