|Aug 03 21:19 GMT|
Fundamental Analysis Reports
ISM: Moderate Growth, Despite Headwinds, Remains in Place
Aug 03 15:15 GMT, by
For July, the ISM index came in at 52.7 as inventory adjustments were a drag on the index while production and orders continue to suggest moderate growth (top graph). For the first half of 2015, indu...
Greek Stock Markets Open To Heavy Selling
Aug 03 10:27 GMT, by
Traders are currently watching the fall in Greek stock cautiously. Given how Greek stocks have traded as ADR in the US exchanges, much of this price drop has already been priced in. However, the size...
European Market Update: China Growth Concerns Continue To Weigh On Commodities, Athens Stock Exchanges Reopens After A 5-Week Closure
Aug 03 10:09 GMT, by
China soft PMI data and continued slide of commodity prices putting additional pressure on currencies exposed to China's economic slowdown and the supply-driven fall in commodity prices USD/CAD pair ...
Gold Trades Lower As Fed's Rate Hike Looms
Aug 03 08:47 GMT, by
Precious-Gold traded lower where a rebound from 5-1/2- year low on Friday could not prevent the metal from recording its worst monthly drop since two years amid interest rate hike prospects from the ...
Euro Area PMI Manufacturing Revised Up To 52.4 In July
Aug 03 08:46 GMT, by
Euro area PMI manufacturing was revised up to 52.4 in July from preliminary reading of 51.9, compared to June’s reading of 51.8. German manufacturing purchasing managers’ index retreated to a seasona...
China Data Disappoints, Greek Stock Market To Reopen
Aug 03 08:08 GMT, by
Asia stocks declined across the board as Chinese economic data showed more weakness. China Caixin manufacturing PMI final (different from the official read which fell to a five-month low at 50.0) con...
Technical Analysis Reports
USDCAD Bulls on Parade... Where Will the Stampede Stop?
Aug 03 13:28 GMT, by
As my colleague Fawad Razaqzada noted earlier today, the big market theme at the start of this week is persistent weakness in oil prices. Both the WTI and Brent contracts are at new multi-month lows ...
Crude Extends Decline on Record OPEC Oil Output
Aug 03 13:24 GMT, by
Crude oil prices continue to head south. As before, they are being driven lower predominantly because of the disequilibrium created from the supply side of the equation. In fact, it is not just the a...
Forex Technical Analysis
Aug 03 10:23 GMT, by
EUR/USD Last week's impulsive rise failed to break through 1.1128 peak and the intraday outlook is negative, for another slide towards 1.0870.
IMM Positioning: Speculators Significantly Slash Bearish GBP Positions
Aug 03 10:04 GMT, by
IMM positioning data released on Friday revealed a continued shift in speculative GBP positioning as investors reduced their bearish positions vis-a-vis the USD for the second consecutive week. Measu...
Today's Market Outlook
Aug 03 08:14 GMT, by
The Euro ended week below 1.10, after Friday's rally nearly fully reversed 1.1128/1.0981 downleg, on rally to 1.1121, Friday's peak. Daily bullish candle, with very long upper shadow, shows strong se...
AUDUSD Could Fall Around 0.7000
Aug 03 08:12 GMT, by
AUDUSD is at new lows which has been expected recently as rally from April to May highs has a clear corrective personality as mentioned at the time. We labeled it as wave (4), so current leg down fro...
Analysis Report Search
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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