API reports deficit, while WTI awaits EIA report – calls updated
Sep 23, 2015 13:59 pm UTC| Insights & Views
Crude oil (WTI) found support around $43/barrel critical support area, however struggling to break above $48/barrel interim resistance. Key factors at play in Crude market - Crude oil production in US has dropped but...
FxWirePro: Improve AUD/JPY odds with backspreads on ongoing slumps
Sep 23, 2015 13:44 pm UTC| Insights & Views
It is anticipated this pair to extend its slumps up to 82.601 levels first and even up to 80.604 levels in the months to come. These targets levels are indicated by leading oscillators (RSI and stochastic) with positive...
Novo Banco shatters Portugal’s aspiring budget deficit targets
Sep 23, 2015 13:16 pm UTC| Insights & Views
Capitalization of Novo Banco, Portugals third largest lender took a toll over the countrys finances. Portugals National Statistics Institute (NSI) revised 2014 budget deficit from 4.5% of GDP to staggering 7.5% of GDP to...
Migrant crisis reveals cracks in European Unity
Sep 23, 2015 12:31 pm UTC| Insights & Views
European Union interior minsters held a summit yesterday to solve migrant crisis before their leaders meet over the same today, however that meeting shattered without any common ground. Instead forceful quota system was...
FxWirePro: AUD/CHF losing streak to prolong – capitalize on option combinations
Sep 23, 2015 11:42 am UTC| Insights & Views
Technical Roundup: Long term technical charts of AUDCHF have been a slant decline. But contemplating the previous long term downtrend, we think this pair had taken a brief pause while a slight recovery took place in this...
WSJ survey shows major investment banks expect WTI to stay below $60 for most of 2016
Sep 23, 2015 11:42 am UTC| Insights & Views
Latest survey by prominent newspaper Wall Street journal shows that most of the invest banks are expecting oil to stay below most parts of 2016. Investment bank Goldman Sachs is the most bearish among bankers, which is...
ECB President Draghi’s speech in focus as EZ PMI shows slowdown in momentum
Sep 23, 2015 10:48 am UTC| Insights & Views Central Banks
European Central Bank (ECB) President Mario Draghi is scheduled to speak in Brussels before Committee on Economic and Monetary affairs (ECON) of European parliament at 13:00 GMT or 15:00 CET. Market will be focusing on...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects