|Oct 06 20:13 GMT|
Fundamental Analysis Reports
Bank of Japan Under Pressure to Add Stimulus
Oct 06 15:00 GMT, by
The Bank of Japan (BoJ) shocked markets a year ago when it announced additional stimulus on Halloween day. A year has gone by and Prime Minister Shinzo Abe's lofty goal of 2 percent inflation remains...
Central Brank "Pretend and Extend" Intact
Oct 06 14:16 GMT, by
October continues its positive trend: Friday's disappointing non-farm payroll (NFP) report has the market repricing the Fed's first-rate liftoff in a decade (October +5%, December +28% and dropping f...
US Trade Deficit Widened as Expected in August
Oct 06 14:14 GMT, by
The US trade deficit widened to $48.3 billion in August 2015 from a revised $41.8 billion shortfall in July (previously reported as $41.9 billion). The August deficit was only slightly larger than ma...
Canada's August Merchandise Rrade Deteriorates
Oct 06 14:12 GMT, by
The August 2015 nominal merchandise trade deficit deteriorated more than expected to $2.5 billion from a revised $0.8 billion ($0.6 billion previously) in July. Market expectations had been for modes...
Swiss CPI, UK Slowdown
Oct 06 10:19 GMT, by
There is a general feeling that the global slowdown is gaining momentum. Weak data (including manufacturing and trade) from the US, UK and EU and uncertainty from Asia indicates a period of subdued e...
European Market Update: European Indices Continue Its Risk On Tone Despite Mixed Data
Oct 06 10:10 GMT, by
The major FX markets against the dollar are showing some strength in the morning session, with cable and the euro showing a bit more resilience against the dollar trading towards the highs of the ses...
Technical Analysis Reports
Crude Oil on the Verge of a Big Breakout
Oct 06 15:22 GMT, by
Both crude oil contracts are up for the third consecutive day, with Brent currently trading above the psychologically-important and key resistance level of $50 and WTI above $47 a barrel. Oil prices ...
AUD/USD Above .7100 after Optimistic RBA, But Medium-term Downtrend Intact
Oct 06 14:18 GMT, by
In what was otherwise a very quiet overnight session, the Australian dollar edged higher as the Reserve Bank of Australia (RBA) maintained a neutral bias in its monetary policy meeting. As widely exp...
Gold Traders Still Undecided about Direction
Oct 06 12:18 GMT, by
Friday saw a big reversal in the price of gold following the publication of the US jobs report for the month of September. It is fair to say that the jobs data surprised a few people and confused oth...
Forex Technical Analysis
Oct 06 10:15 GMT, by
EUR/USD The intraday bias is bearish again after the recent slide through 1.1210, for a break through 1.1150, en route to 1.1012 area. Crucial on the upside is 1.1290.
EUR/USD Still Unable To Violate 1.1260
Oct 06 09:37 GMT, by
There have been four attempts to breach the 1.1260 mark (50% retracement) since Sep 24. However, all of them turned to be unsuccessful so far. Despite this fact, a decline of the Euro is also unlikel...
GBP/USD Anchored Around 1.5150
Oct 06 09:36 GMT, by
Although the Sterling tested the immediate resistance in face of the weekly R1, the worse-than-expected UK Services PMI reading pushed the GBP/USD back under the 23.60% Fibo. The Cable once again has...
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Long Term Forecasts
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
When Will the Bank of England Hike Rates?
Aug 16 08:33 GMT, by
In the first report of a two-part series on the outlook for Bank of England (BoE) monetary policy, ...
Growth in China Appears to Be Stabilizing
Jul 19 08:05 GMT, by
The year-over-year rate of real GDP growth in China edged up to 7.5 percent in Q2 from 7.4 percent ...
FX Forecast Update: Negative Rates and Liquidity Tools to Weaken the Euro
Jun 14 03:24 GMT, by
The ECB delivered more easing than expected at its rate meeting in June by cutting both the refi an...
AUD/USD - 2013 In Review
Jan 02 02:25 GMT, by
The Australian dollar is known for its strong volatility, and taking traders on roller coaster ride...
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