UK: Politics is Going to be More Important than Economics - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the politics is going to be more important than economics for the next three months in the UK and so far, both major political parties seem pretty keen on tearing the...
Market News
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21 March 2016, 12:31
Australian Stock Exchange CEO Quits Amid Bribe Investigation The head of Australia's main stock exchange resigned on Monday amid an investigation into allegations that a gaming firm he once ran made a bribery payment several years ago to the family of Cambodia's prime minister...
Market News
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21 March 2016, 12:17
Asian Stocks Gain as Shanghai Composite Jumps to Two-Month High Asian stocks rallied in late trading, with a regional gauge erasing declines, as Chinese shares climbed above the 3,000 level for the first time since January after policy makers loosened controls on margin lending...
Market News
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21 March 2016, 12:10
Yen Slides Against Most Majors Reversing direction, the Japanese yen slipped against its most major rivals in early European deals on Monday. The yen edged down to 75.75 against the kiwi, 115.02 against the franc and 85.60 against the loonie, off early 5-day high of 75.13, 4-day highs of 114...
Analytics & Forecasts
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21 March 2016, 12:03
Italy Current Account Deficit Narrows In January Italy's current account deficit decreased slightly in January from a year ago, figures from the Bank of Italy showed Monday. The current account deficit narrowed to EUR 1.07 billion in January from EUR 1...
Market News
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21 March 2016, 12:01
Brexit Could Cost UK £100bn – Investec Research Team at Investec, notes that the report commissioned by the CBI and carried out by accountancy firm PwC, warns a Brexit could potentially cost the country £100bn and nearly one million jobs by 2020...
Market News
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21 March 2016, 11:55
Risk Recovery More Important than Data for USD - BNPP Research Team at BNP Paribas, suggests that the Fed Presidents Lacker and Lockhart speak today and may emphasize the possibility that policy could be tightened in June, even as these comments could be balanced by the more dovish Presidents Eva...
Market News
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21 March 2016, 11:51
USD/JPY Unmotivated Around 111.50 USD/JPY is trading almost unchanged at the beginning of the week, trading in a narrow range between 111.20 and 111.60...
Analytics & Forecasts
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21 March 2016, 11:49
Technical Analysis of NZD/CAD for March 21, 2016 NZD/CAD has been moving sideways for almost two weeks; and this does not seem to be over as the price remains within slightly descending main channel boundaries...
Analytics & Forecasts
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21 March 2016, 11:46 #technical analysis
Technical Analysis of CHF/JPY for March 21, 2016 Since my original idea on CHF/JPY was published, price remained near the sell entry point - R2 (115.40). Today, price started to move lower which is likely to continue to test one of two support levels, either S2 (114.10) or S3 (113...
Analytics & Forecasts
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21 March 2016, 11:43 #technical analysis