USD: Currency Index & Volatility Relative Currency Strength The British pound became the undisputed leader of the previous week. While its peers fluctuated in the range between -1.2% and +1%, the GBP Index experienced an almost 3% growth, fueled by the Brexit poll data release...
German Bunds Climb on Soft Economic Growth The German bunds surged further on Tuesday after reading weaker than expected first quarter Gross Domestic Product (GDP) figure. Also, investors shifted to safe-haven buying amid losses in riskier assets including crude oil and stocks...
Oil Extends Losses for 3rd Straight Session, API Report Eyed Oil benchmarks on both sides of Atlantic prolongs its selling spiral for the third straight session as traders remain wary heading into the weekly API inventory report...
Japanese Bonds Steady in Subdued Trade The Japanese government traded nearly flat on Tuesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance...
Australian Bonds Flat in Quiet Trade The Australian bonds traded nearly flat on Tuesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance...
Asian Markets in Red on the Back of Global Uncertainties, Gold Dips Below $1250 All the major Asian stock markets are trading on a lower note on Tuesday on the back of global uncertainties and speculation on the interest rate hike by Federal Reserve...
US Stocks Flat as Fed Rate-Hike Fear and Oil Slump Weigh Sentiment Major US benchmark indices were trading with a slight positive bias during the early NY trading session as investors seems to digest comments from the Fed officials who continued to point towards a possible Fed rate-hike decision...
EU Referendum, One Month to Go - Investec Research Team at Investec, suggests that with only one month to go from today until the EU referendum, the UK press is dominated by the topic...
Japanese Bonds Rise Modestly on Weak Crude Oil The Japanese government bonds gained modestly on Monday on tracking weak cues emerging from crude oil futures. The yield on the benchmark 10-year bonds fell 1bp to -0.100 pct and the yield on short-term 2-year bonds also dipped 1bp to -0...
Oil Dips in Asia on Global Oversupply Woes Oil benchmarks on both sides of Atlantic set-off the week on the bearish note, dipping in the Asian trades against a backdrop of omnipresent supply glut concerns...
Fundamentals to Watch Out for This Week This week is relatively risk heavy with data and events. Focus is on Janet Yellen speech...
US May Non-Farm Payrolls Likely to Rise on Verizon Labor Strike The United States Non-Farm Payrolls is expected to rise following the labor strike at Verizon, over the low wages paid to workers and the power and domination imposed upon them...
Fed Minutes Hawkishness Propelled USD Higher – Lloyds Bank Research Team at Lloyds Bank, suggests that a surprisingly hawkish set of US Fed minutes of the 26-27 April FOMC meeting, supported by positive economic data, led to a rally in the US dollar and Treasury yields over the past week...
EuroDollar Net Shorts Reduced – Deutsche Bank Research Team at Deutsche Bank, lists down the commitments of traders report for the week ended on Tuesday, May 17, 2016. Key Quotes “Interest Rates: Speculators decreased their net shorts in Eurodollar and Treasury futures by $4.3 billion to -$51...
Leveraged Funds Reduced Short USD Positions - ANZ The ANZ Team shares summarizes the latest positioning data for the week ending 17 May 2016, noting that Leveraged funds continued to be short for the USD for a fourth straight week, although these short positions were reduced by USD0...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far – Japan – Nikkei manufacturing PMI weakened to 47.6 for May. Upcoming –...
Asian Markets Mix After G7 Meetings, Gold steady Above $1250 All the major Asian indices are trading on a mix note on the start of a new week. Today Japan released trade balance data with positive numbers and USD/JPY remains well supported below 110.00 marks...
Pivot Points WEEKLY Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.091 1.10787 1.11473 1.12474 1.1316 1.14161 1.15848 USD/JPY 105.456 107.581 108.835 109.706 110.96 111.831 113.956 GBP/USD 1.38334 1.41648 1.43297 1.44962 1.46611 1.48276 1.5159 USD/CHF 0.94788 0.96662 0...
Pivot Points Daily Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11339 1.11748 1.11953 1.12157 1.12362 1.12566 1.12975 USD/JPY 108.69 109.429 109.759 110.168 110.498 110.907 111.646 GBP/USD 1.42753 1.44028 1.44487 1.45303 1.45762 1.46578 1.47853 USD/CHF 0.98396 0...
Pivot Points Hourly Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12024 1.12101 1.1213 1.12178 1.12207 1.12255 1.12332 USD/JPY 109.84 109.983 110.036 110.126 110.179 110.269 110.412 GBP/USD 1.44705 1.44824 1.44885 1.44943 1.45004 1.45062 1.45181 USD/CHF 0.98669 0...
