Jul 01, 2015 20:50 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Retains slightly negative momentum and targets the 0.7600 area.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months....
Jul 01, 2015 20:49 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.20% while the 10yr should open around 3.44%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...
Jul 01, 2015 20:48 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the US bond yield movement overnight, the NZ 2yr swap rates should open 1bp higher at 3.11%, while the 10yr should open 2bp higher at 3.97%.NZ swap yields 1-3 month: Short...
USD/JPY daily chart with Ichimoku cloud, 20/5/5/3 stochastics, 100/200 MA and Fibonacci retracements
Jul 01, 2015 18:17 pm UTC| Commentary
The USD/JPY is still in the process of completing its minor correction after reaching key long-term target of 124.00. This correction however may end soon, as Ichimoku cloud provides support at 122.00 area, where the 50%...
Greece referendum on 5 July, effectively a vote about euro membership
Jul 01, 2015 17:09 pm UTC| Commentary
Greece referendum seems very likely that will go ahead on Sunday, 5 July. With Greece PM Tsipras calling the referendum and the chances for an agreement having faded, It is believed that, other euro area governments may...
Russia recession deepening, solid growth elsewhere
Jul 01, 2015 11:15 am UTC| Commentary
While Russia is sinking into recession, other countries are enjoying reasonable growth within the 2.5-3.5% range. Central Europe growth has been gaining momentum and now leads the region.Economic growth is expected in...
China: More easing to support growth stabilisation
Jul 01, 2015 11:08 am UTC| Commentary
The latest economic data point to continued soft growth into the second quarter, reflecting sluggish domestic as well as external demand. Fixed asset investment growth slowed more than expected to 11.4% YTD in May, a...