S.AFRICA'S GORDHAN SAYS ECONOMY NOT IN RECESSION TERRITORY, CAN SEE "SMALL GREEN SHOOTS...
S.AFRICA'S GORDHAN SAYS WILL LOOK TO STICK TO DEFICIT TARGET OUTLINED IN BUDGET...
S.AFRICA'S GORDHAN SAYS Q2 ECONOMIC 3.3 PERCENT GROWTH FIGURE NOT SUSTAINABLE UNLESS MAJOR CHANGES MADE...
S.AFRICA'S FINMIN GORDHAN SAYS INVESTMENNT IN ECONOMOY NEEDS TO INCREASE TO 30 PCT OF GDP FROM CURRENT 20 PCT TO DRIVE GROWTH...
Major support – 10300 (38.2% retracement of 10806 and 8695). Major resistance – 10806 DAX30 has taken support near 23.6% retracement of 10806 and 8695 and slightly jumped from that level. It is currently trading around 10492...
FITCH: CHINESE STRUCTURED FINANCE MARKET CONTINUES TO EXPAND...
Market Roundup Japan FinMin Aso – BoJ still aiming for 2% inflation after policy assessment, government and BoJ closely coordinating policies - Reuters. Japan METI/ESRI survey – Q3 big mfg sentiment index +2.9, Q2 -11.1, +8.6 forecast for Q4, previous survey +12.0, FY ‘16/17 CAPEX +4.9% y/y, +3...
Euro area’s industrial production growth is expected to have declined in July. According to a Societe Generale research note, the national figures released, which account for more than 75 percent of euro area output, indicate towards a drop of 1.2 percent in sequential terms...
As the delta risk reversals of EURJPY have again shown in bullish interests as the progressive increase in positive numbers to signify the traction for short term upside sentiments in 1w expiries but no changes for further downside risks in long-term tenors...
USD/TRY is currently trading at 2.9778 levels. It made intraday high at 2.9787 and low at 2.9624 levels. Intraday bias remains bullish till the time pair holds key support at 2.9614. Key resistances are seen at 2.9787, 2.9867, 2.9977, 3.0085, 3.0268, 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3...
SOUTH KOREAN WON UNOFFICIALLY CLOSES ONSHORE TRADE AT 1,118.8 PER DOLLAR VS 1,113.5 AT PREVIOUS CLOSE...
Consumer prices in India eased during the month of August, remaining lower than what markets had initially anticipated, raising hopes of a rate cut by the new Reserve Bank of India Governor Urijit Patel. India’s consumer price index (CPI) rose 5...
SEOUL SHARES UNOFFICIALLY CLOSE UP 0.37 PCT...
The long-term Japanese bond gained Tuesday as investors speculate that the Bank of Japan will lower its key interest rate further into negative territory. Also, weak crude oil prices drove traders towards safe-haven buying...
GERMANY'S 10-YEAR BUND YIELD FALLS 1.4 BASIS POINTS TO 0.02 PERCENT - TRADEWEB...
S.AFRICA'S RAND WEAKENS 1 PERCENT TO 14.37/$ AFTER DEPUTY FINMIN WARNS POLITICAL RIFTS CAUSING ECONOMIC UNCERTAINTY...
Major resistance- 1.3350 Major support -1.3235 (14 day MA) Cable has recovered sharply from the low of 1.3235 and is currently trading around 1.33305. The pair should break above 1.3350 for further bullishness. Any break above 1.3350 will take the pair to next level till 1.3400/1.3480...
EUR/GBP confined to a narrow range in the Asian session. Price action within daily cloud, with cloud top offering strong resistance. Cautious tone prevalent in the markets, as all eyes remain focused on the UK inflation report. Major support levels - 0.84, 0.8392 (55-EMA), 0...
Major support – 135.09 (38.2% retracement of 138.83 and 129.06). Major resistance – 137.66 (55-day EMA). GBP/JPY has once again recovered after making a low of 135.17. It is currently trading around 135.90. On the lower side, major support is around 135.09 (38.2% retracement of 138.83 and 129...
David Cameron, the former Prime Minister of the United Kingdom has chosen to drop out completely from the British Parliament and with immediate effect...