|Sep 02 14:46 GMT|
Fundamental Analysis Reports
Shanghai Composite Index Declines Once Again
Sep 02 12:24 GMT, by
The Shanghai Composite Index has declined for the third day in a row with sentiment remaining bearish for the Chinese economy and this is likely inspiring further declines in other Asian equities tod...
Morning Brief: September 2
Sep 02 12:08 GMT, by
Asia and Euro equities, along with U.S futures remain under pressure, but have reversed some of their initial deeper declines. No significant fundamental catalysts are being attributed to the bounce,...
Aussie Dollar Drops To 6-1/2-Year Low On Downbeat GDP Data
Sep 02 10:58 GMT, by
The Aussie dollar slipped to its lowest level in six and a half years versus the U.S. dollar on Wednesday as downbeat GDP data from Australia triggered further selloff. The Australian economy eased i...
UK PMI Rises Slightly In August
Sep 02 09:51 GMT, by
The construction sector in the United Kingdom showed a slight advance in August, buoyed by improvement house building. The Purchasing Managers' Index (PMI) recorded 57.3 from 57.1 in July, lower than...
BCB In Spotlight, Weak PMIs From UK
Sep 02 09:34 GMT, by
Later this evening the BCB will release it interest rate decision. According to the latest survey, market participants expect the Selic rate to remain unchanged at 14.25% as inflation expectations st...
European Market Update: Spain Unemployment Rises For 1st Time In 7 Months
Sep 02 09:29 GMT, by
Quiet European session with little in terms of key data releases. Markets awaiting key events later in the week (ECB and US payroll data). The upcoming G-20 meeting in Turkey could be used as a vehic...
Technical Analysis Reports
GBP/JPY: Double Top May Spell Double Trouble
Sep 02 13:14 GMT, by
As the sun rises a hump day in the US, traders are ramping up for a busy final 48 hours of economic data. Earlier this morning, payroll provider ADP released its estimate of the August non-farm emplo...
FTSE Stable as Investor Focus Shifts from China to US
Sep 02 12:11 GMT, by
The FTSE managed to bounce back this morning alongside the wider European stock markets after renewed concerns about China, the world's second largest economy, had weighed heavily on the stocks marke...
Forex Technical Analysis
Sep 02 09:41 GMT, by
USD/JPY Current rebound above 119.20 should be considered corrective and while 120.50 resistance holds, the overall outlook will remain negative, for a slide towards 118.20.
USDCAD Stable Above 1.32 After Forming Higher Base At 1.3115
Sep 02 09:19 GMT, by
The pair stabilizes above 1.32 handle, turning near-term studies into positive mode, after corrective pullback from 1.3351, 25 Aug peak, found footstep just above pivotal 1.31 support, Fibonacci 61.8...
AUDUSD Can Find Support Soon
Sep 02 09:15 GMT, by
AUDUSD broke to a new low as expected, out from a triangle ad down into wave five. Keep in mind that triangle occur prior to the final move within a larger pattern, which means Aussie can find a supp...
Today's Market Outlook
Sep 02 08:02 GMT, by
The Euro consolidates under fresh recovery highs at 1.1318/31, posted yesterday. Consolidation is entrenched within 100-pips range and expected to precede fresh attempts higher. Yesterday's long bull...
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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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