|Dec 05 01:50 GMT|
Fundamental Analysis Reports
US Beige Book Report: Activity Continues to Expand at a "Modest to Moderate Pace"
Dec 04 20:03 GMT, by
Today's Beige Book report, compiled in preparation for the December 17 and 18, 2013 Federal Open Market Committee (FOMC) meeting, provided an overall assessment that the economy was expanding at a "m...
ECB Preview: Mind the Inflation Gap
Dec 04 17:57 GMT, by
The ECB announces its interest rate decision on Thursday 5th December 2013 at 1245 GMT/ 0745 ET. The market expects no change in policy after last month's interest rate cut, so the focus is likely to...
The Bank of Canada Sticks to the Same Tune
Dec 04 17:49 GMT, by
The Bank of Canada is caught in a tug-of-war. Core inflation is benign and economic slack remains present, both lending support to stimulative monetary policy conditions. Yet, domestic imbalances inc...
Bank of Canada Holds Overnight Rate at 1.0% and Says Substantial Policy Stimulus Remains Appropriate
Dec 04 17:45 GMT, by
As expected, the Bank of Canada held the policy rate at 1.0% today and maintained a neutral bias. With the inflation rate holding at or below the bottom end of the 1% to 3% target range for 16 consec...
US ISM Non-Manufacturing Index Edges Down in November
Dec 04 17:44 GMT, by
The ISM non-manufacturing index edged downward by 1.5 points to 53.9 in November 2013 to more than retrace the unexpected 1.0 point increase in October to 55.4. November's headline reading, which was...
US New Home Sales Soar in October
Dec 04 17:43 GMT, by
Sales of new single-family homes in the US soared by a whopping 25.4% to 444,000 annualized units in October following a 6.6% drop in September that saw the measure fall to its lowest level since Apr...
Technical Analysis Reports
USDCHF Attempts to Rally off 0.9025/30
Dec 04 17:55 GMT, by
A few weeks ago we highlighted USDCHF's failure into the key 0.9240/55 zone, which saw the convergence of the 100-day sma, 21-week sma, daily 144 & 169 ema's and 38.2% retracement of the May-Octo...
Precious Metals Turn Positive Despite Strong US Data
Dec 04 17:52 GMT, by
Both gold and silver were lower first thing this morning, even though equities had likewise come under a bit of a selling pressure. The fact that gold broke below that key $1230 support level on Mond...
EUR/USD Squared up Under 61.8% Retracement ahead of Key US Data
Dec 04 13:18 GMT, by
61.8% Retracement: After falling from 1.3832 to 1.3293, EUR/USD has been able to climb back to about 61.8% retracement (1.3626) of that dip. The rally started to stall under 1.3626 at the end of last...
Forex Technical Analysis
Dec 04 11:22 GMT, by
Although the intraday bias is bullish above 1.3560 support I favor a break trough that zone to unleash a sell-off towards 1.3490, en route to 1.3398. Crucial on the upside is 1.3621 high.
EURUSD - Looks To Recapture Minor Resistance
Dec 04 10:47 GMT, by
EURUSD - We are looking for EUR to recapture the 1.3621 level and then resume uptrend. This view is in line with the pair's bullish recovery triggered off the 1.3295 level. In such a case, the 1.3650...
USD/JPY Stabilizes Just Below 103
Dec 04 10:44 GMT, by
On Tuesday Dollar/Yen decreased significantly with 140 pips. The currency couple depreciated from 103.38 to 101.96 yesterday, not matching the positive money flow sentiment at almost +16%, closing th...
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Long Term Forecasts
The "Unsustainable" Path of Federal Fiscal Policy Part III: An Analysis of Federal Deficits and Debt in the Long-Run
Oct 26 03:25 GMT, by
In part three of our four part series we explore the long-run trends in federal debt and the annual...
The "Unsustainable" Path of Federal Fiscal Policy Part II: An Analysis of Federal Spending Projections
Oct 10 15:08 GMT, by
In its latest Long-Term Budget Outlook, the Congressional Budget Office concludes that the future p...
The Unsustainable Path of Federal Fiscal Policy Part I: Federal Revenue Projections and Economic Assumptions
Oct 08 04:38 GMT, by
Recently, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook, which...
Life After Ben: Choosing the Next Fed Chair
Aug 28 16:08 GMT, by
The biggest question on monetary policy for the years ahead is, who will be the next Federal Reserv...
Is Abenomics Working?
Aug 23 07:41 GMT, by
Japan has embraced stimulative economic policies and ground-breaking initiatives in terms of accomm...
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