Guide to today’s important data and events
Jul 03, 2015 07:27 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated is low. Data released so far - Australia - Retail sales grew 0.3% m/m in May. Japan - Services PMI grew to 51.8 in June, from 51.5 in...
Jul 03, 2015 07:18 am UTC| Insights & Views
Currency Derivatives Insights:In the interest of speculators we see buying opportunities in USD/JPY binary puts on rallies for a target of 122.75 1st and even upto 122.50 levels. We look at either shorting futures of this...
Aussie retailers still remain sluggish, further slumps in AUD most likely
Jul 03, 2015 06:47 am UTC| Insights & Views
Despite the Australian central banks rate cut in May, the retail sales have been quite disappointing in May to post a lackluster 0.3% rise against forecasts at 0.5%. The RBAs May rate cut and an upright bounce in consumer...
Jul 03, 2015 06:35 am UTC| Insights & Views
For today, technical charts suggest little sideways to upward but certainly the indication of weakness in this pair on EOD charts as an attempt of filling up of gap down that we had traced out with a spinning top candle...
Currency snapshot (major pairs)
Jul 02, 2015 16:10 pm UTC| Insights & Views
Dollar index trading at 96.02 (-0.25%). Strength meter (today so far) - Euro +0.50%, Franc +0.52%, Yen +0.16%, GBP +0.08% Strength meter (since last week) - Euro -0.60%, Franc -1.19%, Yen +0.54%, GBP -0.87% EUR/USD...
Currency snapshot (commodity pairs)
Jul 02, 2015 15:49 pm UTC| Insights & Views
Dollar index trading at 96.02 (-0.25%) Strength meter (today so far) - Aussie -0.07%, Kiwi +0.22%, Loonie +0.20%. Strength meter (since last week) - Aussie -0.26%, Kiwi -1.62%, Loonie -1.48%. AUD/USD - Trading at...
Jul 02, 2015 15:25 pm UTC| Insights & Views
Equities are all mixed today. Performance this week at a glance in chart table - SP 500 - SP is down today over profit booking before long and important weekend. NFP report showed payroll gains of 223,000 in June...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects