Chinese trade surplus too reliant on US – Part 1
Jul 30, 2015 13:38 pm UTC| Insights & Views
China still stands as worlds largest exporter, however its trade surplus is too concentrated on US. This is likely to pose problems for Worlds second largest economy going ahead. It would be fair to say that China is too...
Jul 30, 2015 13:02 pm UTC| Insights & Views
The government organizations, popularly known as the national team, comprising of Securities Finance Corporation (SFC), large insurance houses, state owned brokers, fund that holds governments stake in financial...
Jul 30, 2015 12:52 pm UTC| Insights & Views
On daily chart of this exotic pair, shooting star pattern candle formed at peak of upswings but it should not be interpreted as reversal signal as there are no substantial confirmation from any other indicators and trend...
Celtic tiger roars louder in Europe
Jul 30, 2015 12:14 pm UTC| Insights & Views
Irish economy was popularly known as the Celtic tiger, due to its fantastic growth, which somewhat faded since the crisis as its economy dipped into severe recession. European partners bailed it out in 2010, with 67...
FxWirePro: AUD/CAD intensifying downswings attract one touch vega puts
Jul 30, 2015 11:45 am UTC| Insights & Views
Both daily and weekly charts suggest weakness in the pair as the RSI is a clear downward convergence with the falling prices. The bearish candles have been flooding 2 weeks or so including spinning top, Doji occurred at...
US PCE inflation to be key for subsequent rate hikes
Jul 30, 2015 11:36 am UTC| Insights & Views
Dollar is trading strong after FOMC statement last night indicated that FED is clearly on its path to hike rates at least once this year and if inflation do recovers subsequent hikes can be expected. Euro is down below...
FxWirePro: EUR/CAD taking trend-line support; collars to hedge uptrend participation
Jul 30, 2015 11:06 am UTC| Insights & Views
We had earlier traced out an inverted hammer pattern candle at 1.4058 levels which is to be considered as a caution of either probable reversal upward or continuation of upswings and now look at what has been happened. For...
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