Market update, in light of views from Jackson Hole
Aug 31, 2015 12:03 pm UTC| Insights & Views
Monday morning opened with more jolt than usual. SP 500 future was down close to 1%, which is now down about just below 0.8%. Asian market closed in red today, while dollar took larger hit than usual on quiet...
FxWirePro: Speculate GBP/AUD with credit call spreads
Aug 31, 2015 11:44 am UTC| Insights & Views
See the daily charts, the price slid from market tops 2.2370, while RSI and stochastic oscillators are converging downwards with price slumps. On weekly chart a serious gravestone doji has occurred with huge volumes which...
FxWirePro: EUR/GBP down streak intensifies with shooting star – prefer BPS on dubious downtrend
Aug 31, 2015 11:33 am UTC| Insights & Views
See the daily charts, the price slid from market tops 2.2370, while RSI and stochastic oscillators are converging downwards with price slumps. On weekly chart a serious gravestone doji has occurred with huge volumes which...
FxWirePro: EUR/GBP down streak intensifies with shooting star – prefer BPS on dubious downtrend
Aug 31, 2015 11:22 am UTC| Insights & Views
Technical briefing:A sharp shooting star pattern candle occurred at 0.7289 on weekly technical charts that is signifying down-streak again. This pair had taken a brief pause while a slight recovery took place from...
Europe needs to tackle its chronic employment problem
Aug 31, 2015 11:06 am UTC| Insights & Views
The chart from IMF reveals Europes chronic problem, especially for the countries in Euro Zone. The chart shows job vacancies per labor force population. While the ratio remains high for Japan (+3%), US (+2.5%), for Euro...
RBA confronts riskier outlook, unchanged policy rate most likely outcome
Aug 31, 2015 10:50 am UTC| Insights & Views
The Reserve Bank of Australia (RBA) holds its policy meeting on Tuesday and is considered almost certain to keep rates steady, at an all-time low of 2.0 percent. A lot has happened since the RBAs August meeting, raising...
Aug 31, 2015 10:27 am UTC| Insights & Views
CFTC commitment of traders report was released on Friday (28th August) and cover positions up to Tuesday (25th August). COT report is not a complete presenter of entire market positions, since future market is relatively...
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
Why Germany ditched nuclear before coal – and why it won’t go back
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