Tough time for FOMC as foreign counterparts to ease
Oct 26, 2015 13:40 pm UTC| Insights & Views Central Banks
FOMC participants in spite of strong indication of intention to hike rates this year has been struggling to decide on appropriate time and now looking beyond to next year. Second quarter, June rate hike got hampered...
FxWirePro: APAC, EM FX trade ideas ahead of G20 central banks’ policy season
Oct 26, 2015 13:27 pm UTC| Insights & Views
Several G20 central banks decisions have been scheduled for this week: the Swedish Riksbank, the US Fed and the Reserve Bank of New Zealand on Wednesday and the Bank of Japan on Fri-day. However, we still have a few...
ECB set to unleash further monetary stimulus through hints on easing
Oct 26, 2015 13:24 pm UTC| Insights & Views Central Banks
The ECB chief Mario Draghi updated last weekend that the central bank is observing and evaluating new stimulus measures that could be unveiled as soon as December and is prepared to cut its deposit rate deeper into...
SNB might be very active in Euro-Franc
Oct 26, 2015 13:14 pm UTC| Insights & Views
Looking at Euros relative resilience against Franc, suggests that Swiss National Bank (SNB) might be very active in the pair. While Euro is down close to 350 pips against Dollar as President Draghi indicated that European...
UK’s manufacturing loses steam, throws fresh doubts over BOE hawkish outlook
Oct 26, 2015 12:09 pm UTC| Insights & Views Central Banks
Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board saying otherwise. According to CBI, manufacturing growth has stalled due to weakness in both domestic and...
FxWirePro: Gold outlook – awaiting the FED
Oct 26, 2015 11:30 am UTC| Insights & Views
Gold has technically broken a short term resistance line about little more than two weeks back which saw the yellow metal to appreciate from $1150 region break to as high as $1190 area. However bears are still at large...
FxWirePro: Short WTI crude futures or arbitrage
Oct 26, 2015 11:25 am UTC| Insights & Views
The technicals for this commodity suggest sell indications as there RSI signaling downward convergence with the slumping prices (currently RSI 14 trending at 44.9779).While slow stochastic approached below 20 levels but...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight