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...
Antipodeans vulnerable to further depreciation
Sep 23, 2015 10:31 am UTC| Insights & Views
China is the largest trading partner for Australia and New Zealand, commodity exports make up a very large proportion of their GDP. As China rebalances its economy to shift into a consumption driven model, it is going to...
French Composite PMI surprises to upside – not so encouraging at detailed level
Sep 23, 2015 09:45 am UTC| Insights & Views
Investors have focused onto initial PMI report as slowdown in global growth has been haunting the markets since last week as US Federal Reserve stayed away from a rate hike over global concerns. Todays PMI report was a...
Oil in global economy series – top shale oil reserves in the world and impact
Sep 23, 2015 08:46 am UTC| Insights & Views
Shale oil production has changed the scenario of not only supply and demand but global oil politics and its bargaining power. Historically speaking, Middle East or OPEC traditionally has remained stronghold of global...
China Caixin PMI points to early stimulus from Chinese government other than weakness
Sep 23, 2015 06:49 am UTC| Insights & Views
China Caixin PMI flash reading started off a fresh round of panic selling in Asian market as headline PMI slowed to 47, lowest level in 78 months. Output dropped similar to 45.7 in September, again 78 months low. One...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects