FxWirePro: Break away gap on GBP/USD daily charts, Are slides underway?
Jun 24, 2015 10:11 am UTC| Insights & Views
On daily charts of GBP/USD candlestick gap occurred at 1.5725 levels to signal probable weakness in this pair. It is deemed as a break away as it occurs at the end of an important price pattern (exactly at the peaks) and...
List of risks that might unsettle markets in 2015 and beyond
Jun 24, 2015 09:37 am UTC| Insights & Views
Most major equity markets such as SP500, Dow jones, NASDAQ, DAX etc. hovering around new all-time high, while several other like Nikkei 225, CSI300 are hovering at multiyear/decade high. Several risks lies ahead, that...
Fund managers not so concerned on Grexit
Jun 24, 2015 08:25 am UTC| Insights & Views
Today is another day of meeting by Euro zone finance ministers, who are rushing to close a deal and present an acceptable proposal before Euro zone leaders reconvene in Brussels for two day summit. Though the agenda for...
Consumer expenditure and business capex likely to account for US Q1 GDP contraction
Jun 24, 2015 08:00 am UTC| Insights & Views
TheUS Q1 GDP growth is broadly projected to be adjusted higher but will continue to evidence contraction in the first quarter. The Q1 GDP growth number is projected to be revised upfrom a -0.7% annual rate to -0.2%, driven...
Jun 24, 2015 07:34 am UTC| Insights & Views
German Ifo expectationson business climate will be closely viewed today as the German manufacturing PMI surprised on the upside yesterday, whereas the ZEW expectations suggest a decline in Ifo expectations.We stick to our...
Nikkei clears 18 year peak while small business confidence edged lower
Jun 24, 2015 07:28 am UTC| Insights & Views
Japanese benchmark stock index has cleared 18 year high today, as weaker Yen and optimism over Greece provided the necessary support. Japanese quantitative and qualitative easing (QQE) turns out to be massive success when...
FxWirePro: Buy EUR/JPY binary puts for speculating and diagonal put spread for hedging
Jun 24, 2015 07:10 am UTC| Insights & Views
Greece continues to be in the limelightwith todays surprising Eurogroup finance ministers meeting. The aim of the meeting is for the Eurogroup to reach a deal which can be signed by the EU leaders at the two-day summit...
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
Nintendo Confirms Switch Successor Announcement Within Current Fiscal Year