Currency snapshot (major pairs)
Sep 21, 2015 16:24 pm UTC| Insights & Views
Dollar index trading at 95.84 (+0.62%). Strength meter (today so far) - Euro -0.92%, Franc -0.26%, Yen -0.40%, GBP -0.11% Strength meter (since last week) - Euro -0.92%, Franc -0.26%, Yen -0.40%, GBP -0.11% EUR/USD...
BOE deputy governor explains UK economy
Sep 21, 2015 15:30 pm UTC| Insights & Views
Bank of Englands (BOE) deputy governor Sir John Cunliffe reiterated views of Governor Mark Carney that rate hike would most likely next step, to be taken by BOE, however it would be gradual and limited compared to...
Brazilian Real set to challenge all-time low
Sep 21, 2015 14:48 pm UTC| Insights & Views
Brazilian Real is now very close to challenging its all-time low made in October 2002, at 4.004 per Dollar. Analysts point out that sentiment is so sour for Brazil that US Federal Reserves decision to hold rates at record...
Abenomics loses its charm, traders choose exit route
Sep 21, 2015 14:14 pm UTC| Insights & Views
Abenomics, named after Japans Prime Minister Shinzo Abe, who after coming to power influenced policies that resulted in one hand Bank of Japan (BOJ) providing massive stimulus through balance sheet expansion in tune of 80...
Oil rises as bullish bets by speculators rose and rigs fell
Sep 21, 2015 13:44 pm UTC| Insights & Views
Oil price recovered sharply today from Fridays sharp sell offs as COT report released by CFTC after market closes on Friday that speculators, namely hedge funds have increased their bullish bets by most in two...
New Zealand – signs of domestic revival
Sep 21, 2015 12:41 pm UTC| Insights & Views
While commodity prices, agricultural and Milk is weighing on New Zealands economic outlook and its currency, domestic economy is showing recovery led by consumers. As per latest data from Reserve bank of New Zealand...
FxWirePro: Brent and WTI crude futures time spreads – the speculative trade ideas
Sep 21, 2015 12:40 pm UTC| Insights & Views
We recommend shorting NYMEX WTI futures contract of the March16 expiry against that of June16 contract. This calendar spread is trading below $0.40 /month, less than the storage costs in the Cushing area. With our revised...
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