09.12.2015 00:30Investment Lending for Homes (October) Currency: AUD, Importance: Medium...
Gold recovered some ground on Tuesday, ending the day slightly higher at $1,075 an ounce while investors adopt a cautious stance ahead of the Federal Reserve decision on rates next week...
Analysts at Deutsche Bank explained that since October 2014, the Norges bank has cut the policy rate by 75 basis points, with the last easing in September of this year accompanied by a very aggressive revision to the repo rate forecast, implying an additional 24bp of easing and shifting out expec...
BoC Governor Stephen Poloz said the bank lowered its effective lower bound for Canada’s policy rate to around -0.5%. He said the BoC could adopt negative rates in the case of adverse shocks, but added such a move isn't now under consideration...
According to analysts from Brown Brothers Harriman the opposition victory in Sunday’s election in Venezuela is a potential game changer but the economic challenges and adjustments lie ahead...
Analysts at Nomura explained that Japanese investors’ foreign portfolio investment activity remained strong in November. Key Quotes: "The pace of foreign portfolio purchases slowed from the previous month, but foreign investment momentum remains strong...
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
Oil has plunged to multi year lows after OPEC in its meeting on Friday decided to stick to its policy of pumping record volumes, disregarding the global oil glut concerns. OPEC decided to produce closer to 31...
A weak China trade data, coupled with a sharp drop in crude prices to lowest since 2009 triggered a risk-off in the markets and led to a flight to safety. The US treasuries, one of the traditional safe haven assets, advanced today, pushing the yields lower. The benchmark 10-yr yield lost 1...
On Tuesday Brent futures crashed to $39.8 a barrel and WTI futures fell down to $36.6 a barrel - the weakest levels in seven years. Previous prices at nearly $108 a barrel in June 2014 has finally wiped out in 2015. The Dow dropped 117 points yesterday, with the energy sector its biggest drag...
The EUR/USD hit a fresh session high of 1.0890 as the S&P 500 futures dropped 1%, pointing to heightened China-led risk aversion ahead. Safe haven/funding currencies on the rise The risk-off is supporting gains in the safe haven/funding currencies like JPY, EUR. Both currencies are up 0...
ECB member Jens Weidmann said that he does not believe that further easing is necessary, adding that the Eurozone is far away from a deflationary spiral, Bloomberg reports...
According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the door could be open for a test of the 136.15 level. Key Quotes “EUR/JPY has eased back from the 4 month resistance line at 134.58 and very near term we would allow for some slippage to 132...
The offered tone around CAD gathered pace in the early US session, pushing the USD/CAD to a fresh session high of 1.3606 as oil prices fell into losses...
In the view of Karen Jones, Head of FICC Technical Analyst at Commerzbank, the cross remains bid while above the 1.0800/12 area. Key Quotes “EUR/CHF continues to hold upside potential near term and while above 1.0800/12 we will consider that the market is bid. Initial resistance is 1...
The leading indicators released today by the Organization for Economic Cooperation and Development (OECD) showed the growth is firming up in India and the Eurozone economy is showing signs of stabilization...
Brent oil futures advanced 1% following a sharp sell-off on Monday that took prices to 6-1/2 year low of USD 40.60/barrel. At the time of writing, Brent Jan futures were up 1.5% or 61 cents at USD 41.34/barrel. Prices are still well below the previous 2015 low of USD 42.22/barrel...
