FxWirePro: GBP/AUD credit call spreads taking care of minor corrections
Aug 27, 2015 11:24 am UTC| Insights & Views
Speculate with credit call spreads: See the daily charts, the price slid from market tops 2.2370, on speculation grounds, (1%) out of the money 0.48 delta call options were recommended, simultaneously shorts on (-1%) in...
Pound/Dollar’s false break to upside turns into key trend line break to downside
Aug 27, 2015 11:19 am UTC| Insights & Views
Global cross market volatility is coming down steadily as indices recovers from their sharp selloffs on Massacre Monday. However hawkish bests on pound over rate hike from Bank of England (BOE) has suffered major blow,...
Cross-assets volatility drops globally as S&P500 recovery gathers pace
Aug 27, 2015 10:50 am UTC| Insights & Views
After last nights gain in US markets, Asian markets cheered the move with indices across geography trading in green. Australian benchmark index future, ASX200 is up 1.3%. Chinas benchmark stock index, Shanghai...
Spanish economy expands faster, shows potential of reformed-Europe
Aug 27, 2015 10:13 am UTC| Insights & Views Economy
Latest data shows that Spanish GDP grew further in second quarter of 2015, shrugging off any fear of slowdown amid Greek crisis and looming rate hike from US Federal Reserve. Spanish economy grew 3.1% in second...
Guide to today’s important data and events
Aug 27, 2015 09:38 am UTC| Insights & Views
Lot of economic dockets scheduled for today, with high risks associated. Data released so far Australia - Private capital expenditure dropped by -4% in second quarter. Germany - German import price index dropped...
FxWirePro: EUR/CAD bearish sentiments pile up, collars well placed
Aug 27, 2015 09:15 am UTC| Insights & Views
It was exactly a week ago we were confident enough to vouch our write ups No twists in EUR/CADs uptrend - stay firm and safe with option collars. But for now, it is now the time for raising eyebrow and stay with a...
FxWirePro: WTI crude gains as EIA crude inventory shrugs off estimates – not a buy yet
Aug 27, 2015 08:25 am UTC| Insights & Views
As per our forecasts WTI crude oil futures (CL!1) has been extending its loses from last months highs at around 59 levels to 47.44 in first stage and again below 42.22 levels (our 2nd target). Currently, on NYME,WTI crude...
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