The financial market participants are cautious on today’s speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this year’s most closely watched speech from a Federal Reserve Governor, other than Chair Janet Yellen’s...
Major support- 1.118 (90- day EMA). Major resistance – 1.12650. EUR/USD has declined sharply after making a 1.12637 at the time of writing. It is currently trading around 1.2232. On the higher side, any break above 1.12650 will take the pair till 1.1300/1.13270/1.1360...
OPEC SAYS UPWARD REVISON TO ITS 2017 NON-OPEC SUPPLY FORECAST IS MOSTLY DUE TO START-UP OF KAZAKHSTAN’S KASHAGAN FIELD...
OPEC REPORT IMPLIES GLOBAL OIL MARKET WILL SEE 760,000 BPD AVERAGE SURPLUS IN 2017, VERSUS 100,000 BPD AVERAGE SURPLUS IN PREVIOUS REPORT...
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...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published...
USD: Limited USD Rally. Neutral. We maintain our view that the USD will remain weak against EUR, CHF and EM. While recent Fed commentary has continued to be hawkish, US data has been coming in weak, with the latest non-manufacturing ISM figure falling to the lowest level since 2010...
Trade Set-up for short entry at 0.8330, Target: 0.8100 for 230 pips 1. Tenken / Kijun: The price is below the Kijun sen and about to close below the Tenkan se as well which is a bearish sign., Tenkan sen is blow the Kijun sen which is also bearish...
OPEC, CITING SECONDARY SOURCES, SAYS GROUP'S CRUDE OUTPUT FELL BY 23,000 BPD IN AUGUST TO 33.24 MLN BPD...
OPEC EXPECTS NON-OPEC OIL SUPPLY TO RISE BY 200,000 BPD IN 2017 (PREV. FORECAST 150,000 BPD DECLINE); 2016 FORECAST REVISED UP BY 180,000 BPD...
U.S. STOCK INDEX FUTURES EXTEND FALL; DOW, S&P FUTURES DOWN 0.65 PCT, NASDAQ FUTURES DOWN 0.85 PCT...
The Malaysian ringgit remains susceptible to external factors that drive cross-border portfolio flows and playing a decisive role in influencing the MYR exchange rate in the coming months as Malaysia’s domestic political uncertainty has subsided markedly...
The Eurozone periphery bonds slumped Monday as the European Central Bank kept its monetary policy rate and the pace of quantitative easing steady. This decision was widely expected by the market participants and economists...
HIBOR or the Hong Kong Interbank Offer Rate became infamous earlier this year in January when overnight rate touched above 68 percent as the People’s bank of China (PBoC) drew liquidity from the offshore market via state-owned banks to discourage speculators from pushing the yuan lower and keep a...
Inflation in Denmark slows in August from the previous month. It accelerated 0.2 percent year-on-year in August, 0.1 percentage point lower than in July. It was also lower than the consensus expectations of 0.5 percent. Core inflation decelerated to 0.6 percent year-on-year from 0...
S&P- REBOUND IN AUGUST IN UK ECONOMIC DATA MAY PROVE TO BE A MIRAGE, AT LEAST IN THE LONGER TERM...
PORTUGAL AUGUST CPI 0.7 PCT YR/YR - INE...
PORTUGAL AUGUST CPI -0.2 PCT VS PREVIOUS MONTH - INE...
COMMERZBANK: TRY IS LIKELY TO BE DOWNGRADED OVER THE COMING MONTHS ONCE THE GROWTH AND INVESTMENT PROFILE STARTS TO DETERIORATE...
NORWAY TO EXPAND NST-478 BOND BY NOK 2 BLN NOCM...
