RBA minutes released, caution ahead for the bulls
Feb 17, 2015 11:24 am UTC| Commentary
Reserve bank of Australia (RBA) minutes showed despite its recognition of recent positive data in the labor market and household sector, it is quite cautious over the economic growth. The economy added 11,666,000 jobs but...
Central Bank Reserves – Euro dull but Gold shines
Feb 17, 2015 09:58 am UTC| Commentary
In a previous article we mentioned the Euro has fallen from the favour of Central Banks as reserve. In the latest data published by World Gold Council (WGC) shows that gold is being favoured by the central banks globally...
Greek debt talks fail, market tensed but unmoved
Feb 17, 2015 07:56 am UTC| Commentary
The talks between the Greece and European creditors have come to an end abruptly before time in Brussels yesterday, and the reaction from the euro was a mute one, as we expected in one of our last publication. The Euro is...
BoJ likely to stay put at the February meeting
Feb 16, 2015 23:43 pm UTC| Commentary
Notes from Standard Chartered research: We expect the Bank of Japan (BoJ) to stay put at its 17-18 February monetary policy meeting. However, we think the weaker-than-expected Q4 GDP reading highlights the need for...
Greek debt talk wrap – important players not optimistic
Feb 16, 2015 16:42 pm UTC| Commentary
It is nearly 4.30 pm in London and so far no sign of hopes from the Greece debt talk as the European leaders continue to struggle to come at a point of win-win, demanded by Greeces leftist Prime Minister Mr. Alexis...
Daily technical outlook for USD/CLP: Societe Generale
Feb 16, 2015 11:07 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/CLP has retraced from our earlier highlighted resistance of 635 which happens to be the median of an upward channel drawn since 2013. -Weekly RSI diverged...
Daily technical outlook for USD/CAD: Societe Generale
Feb 16, 2015 11:04 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/CAD has formed a monthly Marubozu suggesting the uptrend to persist. Monthly RSI is testing a graphical ceiling however, signs of reversal are lacking. Short term...
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