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Reserve Bank of Australia monetary policy board decision announcement for July. Cash rate on hold at 1...
The full statement from the RBA and comparison to June's 5 July 2016 At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace...
USDJPY: The pair remains weak and vulnerable to the downside in the medium term. Thus development has left the pair targeting further weakness. On the downside, support comes in at the 102.00 level where a break if seen will aim at the 101.50 level. A cut through here will turn focus to the 101...
Here’s the market outlook for this month: Content courtesy of Tallinex Limited https://www.tallinex.com AUS200 Dominant bias: Bullish AUS200 declined last month to a low of 5040.0 after reaching a high of 5393.0...
Trade USD/JPY Summer Relief - SocGen From Societe General: USD/JPY likely to bounce before next risk-off move. Summer could be quieter with delayed risks. Financial markets experienced severe dislocations around the Brexit vote...
We are lowering our 3m EURUSD forecast to 1.05 from 1.17 previously, reflecting the likely growth spillover into the wider European region from the UK's woes...
EUR/USD: We are clinging to a bearish view. A move above resistance in the 1.1180 area would force us to turn neutral. For now, we are looking for a move lower in range towards initial targets near 1.0970 and then the 1.0910 lows. Further out, we see room towards 1.0840 and then the 1.0710 area...
After May’s strikingly weak NFP print (38k), our economists expect a moderate rebound in June (130k). June’s employment report comes on the heels of the weakest NFP print since September 2010...
USD: Divergent USD. Bullish. USD should weaken further vs. EUR and JPY but rise vs. high-risk EM currencies. The market is pricing no Fed rate hike until late 2018 and a non-negligible probability of a cut this year. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Rystad Energy estimates US has 264 billion barrels of oil The Norwegian energy consultancy Rystad Energy said US reserves are slightly larger than Russia (256B barrels) and Saudi Arabia (212B barrels) accounting for existing fields, discoveries and fields yet to be discovered...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
From Credit Suisse: We are lowering our 3m EURUSD forecast to 1.05 from 1.17 previously, reflecting the likely growth spillover into the wider European region from the UK's woes...
June 2016 Spanish unemployment report 4 July 2016 Prior -119.8k Registered unemployed falls to the lowest since Sep 2009, leaving 3.77m unemployed. There's some seasonality involved as the tourist sector often ramps up hiring for the holiday season...
June 2016 UK Markit/CIPS construction PMI data report 4 July 2016 Prior 51.2 Housing activity 43.8 vs 51.0 prior The headline drops to the lowest since June 2009 and the first contraction. since April 2013 New orders and residential construction to the lowest since Dec 2012...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published...
Bank lending standards survey from the Bank of Canada Credit conditions tightened Conditions tightest since 2009 Pricing 12.6 vs 5.2 prior Non-pricing conditions 35.2 vs 7.6 prior...
Highlights of the Bank of Canada business outlook survey Prior was 16.00 Prospects 'remain dim' among energy-related firms Prospects are more solid outside the affected oil regions and sectors Sees further investment cuts at oil companies...
Brexit moves now a memory The commodity currencies were tossed out with the Brexit result but the market has subsequently had second thoughts. The New Zealand dollar is leading the way and has essentially erased Brexit decline with five consecutive days of gains. A close above 0...
Closing changes for the main bourses: German DAX -0.7% UK FTSE -0.8% French CAC -0.9% Italy MIB -1.7...
