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...

FOMC to prepare for December in October?
Oct 26, 2015 11:15 am UTC| Insights & Views
October FOMC meeting is unlikely to deliver any major changes in policy or language. Without a forecast update or press conference scheduled, the focus will be on interpreting any revisions to the statements language. If...

VW scandal fails to dent German optimism
Oct 26, 2015 10:49 am UTC| Insights & Views
Germanys biggest carmaker may have rattled the whole car industry, especially the diesel emitting one, posed global doubts over German promise of excellence it has though hardly dented confidence at home. Volkswagen used...