Guide to today’s important data and events
Aug 20, 2015 09:44 am UTC| Insights & Views
Lot of economic dockets scheduled for today, with low to medium risks associated. Data released so far: Germany - Producer price index remained at same level of June in July, still down -1.3% from a year...
FxWirePro: USD/CNY potential gains on cards, CNY still overvalued 3-4%
Aug 20, 2015 08:00 am UTC| Insights & Views
Soon after the Chinese central bank fixed its currency, USD/CNY progressively higher from last consecutive week or so following the 11 August announcement, for cumulative weakness of 4.6%. This is a step toward realigning...
FxWirePro: USD/CNY potential gains on cards, CNY still overvalued 3-4%
Aug 20, 2015 07:26 am UTC| Insights & Views
Soon after the Chinese central bank fixed its currency, USD/CNY progressively higher from last consecutive week or so following the 11 August announcement, for cumulative weakness of 4.6%. This is a step toward realigning...

FxWirePro: NZD/USD short term uptrend to end sooner, downtrend to resume with HY vols
Aug 20, 2015 05:58 am UTC| Insights & Views
On 13th August, short term uptrend was anticipated that has now started showing strength back again in this pair, four consecutive days in a row the kiwi dollar gained 110 pips against USD. It may continue until this...
Impacts of CNY devaluation on Emerging Markets
Aug 20, 2015 04:22 am UTC| Insights & Views
The CNY fixing is supposed to serve as a benchmark for the market spot. However, before the change, fixing and spot largely deviated from each other, which is neither an indication of fixing being an appropriate benchmark...

Aug 19, 2015 17:02 pm UTC| Insights & Views
Equities are broadly trading in red today. Performance this week at a glance in chart table - SP 500 - SP is marginally lower today. Todays range 2101-2070. Consumer price index grew by 0.1% in July both on...

Currency snapshot (major pairs)
Aug 19, 2015 16:37 pm UTC| Insights & Views
Dollar index trading at 96.84 (-0.16%). Strength meter (today so far) - Euro +0.27%, Franc +0.82%, Yen +0.25%, GBP -0.10% Strength meter (since last week) - Euro -0.41%, Franc +0.66%, Yen +0.21%, GBP -0.01% EUR/USD...