Pivot Points_Daily Last Updated: Mar 23, 10:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.1077 1.11487 1.11819 1.12204 1.12536 1.12921 1.13638 USD/JPY 109.83 110.944 111.635 112.058 112.749 113.172 114.286 GBP/USD 1.38492 1.40562 1.41299 1.42632 1.43369 1.44702 1.46772 USD/CHF 0.96202 0...
Pivot Points-Hourly Last Updated: Mar 23, 10:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11667 1.11819 1.1187 1.11971 1.12022 1.12123 1.12275 USD/JPY 112.143 112.241 112.296 112.339 112.394 112.437 112.535 GBP/USD 1.4147 1.41668 1.41759 1.41866 1.41957 1.42064 1.42262 USD/CHF 0.97268 0...
ECB Speakers in Focus Today – Danske Bank Research Team at Danske Bank, suggests that a few ECB appearances scheduled with both Lautenschlaeger and Weidmann set to speak today...
BOJ's Funo - Next Easing May Not be a Rate Cut Bank of Japan board member Yukitoshi Funo was back on the wires stating the next policy easing may not necessarily be a rate cut...
Bangladesh Bank Weighs Lawsuit Against NY Fed Over Hack Dhaka: Bangladesh's central bank has hired a US lawyer for a potential lawsuit against the Federal Reserve Bank of New York after hackers stole US$81 million from its account with the NY Fed, according to an internal report by the Bangladesh...
China: Not Engaging in Currency War - ING Prakash Sakpal, Economist at ING, suggests that their baseline is that the PBOC continues to manage the fixing “with reference to a basket of currencies” and their yearend USDCNY forecast is 6.65...
Turkey: Security Threats and Policy Uncertainty Call for Bearish Outlook - TDS Cristian Maggio, Head of Emerging Markets Strategy at TD Securities, notes that the Turkey suffered a sixth deadly attack on 19 March, the second in Istanbul this year...
Eurozone: Better than Expected Flash PMIs - BBH Research Team at BBH, notes that the flash PMI from the euro area was slightly better than expected. Key Quotes “The preliminary March manufacturing reading was 51.4. This is in line with expectations and a little higher than the 51.2 in February...
RBA did not Talk Down the AUD - TDS Research Team at TDS, notes that yesterday’s RBA Stevens’ ASIC opening remarks were familiar, i.e. economy adjusting well but scope to ease. Key Quotes “Upbeat (as is usual for him when solo) is because it's "zeitgeist to look for downside...
The U.S. central bank has become so cautious about raising interest rates at even a moderate pace that the once-fringe preference of one of its most dovish policymakers for super-slow interest-rate increases has gone mainstream...
UK Headline Inflation Slightly Weaker Than Market Expectations - TDS Research Team at TDS, notes that the UK February CPI release was in line with their expectations. Key Quotes “As the headline came in slightly weaker than the market expected, remaining unchanged at 0...
RBA More Cautious About Talking Down the AUD – MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the weakening global growth outlook and likelihood that China’s economy will continue to slow in the coming years does not appear to provide strong foundations for a sustainable and broad-base...
German IFO Surprises in March - ING Carsten Brzeski, Research Analyst at ING, suggests that what initially was supposed to be a big day of German economic sentiment data, with releases of the three most prominent confidence indicators on one morning, has all of a sudden and tragically become a sa...
Fitch: China Banks' Profitability Pressures to Continue in 2016 Major Chinese banks' results for 2015, which are due to be released next week, should show continued subdued earnings growth amid margin compression and asset deterioration, says Fitch Ratings...
Moody's: New Zealand Covered Bond Performance Stable in Q4 2015 Moody's says that the performance of New Zealand's covered bond programmes was stable during Q4 2015...
BOJ's Funo: Inflation to Gradually Accelerate Toward 2% Member of the Policy Board at Bank of Japan Yukitoshi Funo, said that inflation is set to gradually accelerate toward BOJ goal of 2...
Major indexes drifted higher yesterday in a quiet trading session, as investors seemed to shy away from making any ‘big’ bets at the start of this holiday-shortened trading week...
45% Risk of a Brexit Today - BBH Analysts at Brown Brothers Harriman explained Osborne's budget last week was a self-inflict wound. Key Quotes: "Osborne known for his political prowess is being forced to retreat from his budget proposals that are less than a week old...
Kiwi Lower on Commodity Prices Ahead of Trade Balance - UOB Analysts at UOB Group noted that NZD lost momentum, weighed by weaker commodity and oil prices...
