The stock markets in Europe advanced on Monday after the sharp sell-off on Thursday and Friday following the ECB’s disappointing stimulus announcement. At the time of writing, the pan-European Euro Stoxx 600 index was 1.5% or 5.56 points higher to 376.15 levels...
The data released by the Commodity Futures Trading Commission (CFTC) for the week ended Dec 1 showed traders trimmed overall bullish bets last week, after having pushed the same to a new bullish position in the previous week...
The broad based USD rally in Europe coupled with a moderate drop in oil prices pushed the USD/CAD pair to a two-week high of 1.3422 in the European session...
A renewed bout of buying interest seen around the US dollar in last hours, drove USD/JPY to a new two-day high near 123.50 levels. USD/JPY rises along with the USD Currently, the USD/JPY pair trades 0.23% higher at 123.40, having surpassed Friday’s high and posted fresh daily highs at 123.44...
The data released by the Commodity Futures Trading Commission (CFTC) for the week ended Dec 1 showed traders trimmed the net bullish positions in WTI oil futures for 4th straight week...
According to data from the People's Bank of China (PBOC), reported via MNI, the value of China's gold reserves fell to $59.52 billion at the end of November from end-October's $63.26 billion...
According to Analyst at Danske Bank Kristoffer Lomholt, occasional bullish attempts by the cross should appear as limited for the time being...
Imre Speizer, Senior Markets Strategist at Westpac, suggests that markets have increased the chance the RBNZ will ease by 25bp on 10 December, from 48% last week to 60% currently. Key Quotes “A full cut is not priced until March 2016. We assess the chance of a December cut at around 60...
Oil futures on Nymex continued to trade in the negative territory on Monday, extending heavy losses seen on last Friday after OPEC’s meeting turned out to be non-event. WTI hovers near multi-week lows Currently, WTI -0.84% to 39.62, retreating slightly from fresh session lows struck at 39.41...
Option expiry’s for today New York cut at 10:00 ET, via DTCC, can be found below. - EUR/USD: 1.0800 (E1.9Bln), 1.0850 (E1.4Bln), 1.0900 (E1.2Bln), 1.1000 (E1.7Bln) - GBP/USD: 1.5000 (Gbp652M). - EUR/GBP: 0.7125 (E319M), 0.7225 (E279M), 0.7275 (E201M) - AUD/USD: 0.72300 (A$1BLN), 0.7300 (A$705M...
Option expiry’s for today New York cut at 10:00 ET, via DTCC, can be found below. - EUR/USD: 1.0800 (E1.9Bln), 1.0850 (E1.4Bln), 1.0900 (E1.2Bln), 1.1000 (E1.7Bln) - GBP/USD: 1.5000 (Gbp652M). - EUR/GBP: 0.7125 (E319M), 0.7225 (E279M), 0.7275 (E201M) - AUD/USD: 0.72300 (A$1BLN), 0.7300 (A$705M...
The price is located below Ichimoku cloud for the primary bearish area of the chart with the secondary ranging within the following key reversal s/r levels: 42.16 support level located far below Ichimoku cloud in the primary bearish area of the daily chart, and 50...
Goldman Sachs estimated 6 stocks which can outperform with high international sales under 'strong dollar regime'. So, six stocks was identified with 'buy' ratings: 1. Chipotle (CMG) Stock performance in 2015: -15% Projected 2016 earnings growth: 18...
The bearish market condition for Silver over the last months has been brutal for anyone holding the dear metal as speculation mounts that the Fed can create a pass on financial policy. The market could have enraptured too early with the waiting for the game to be started...
Gold price is traded on 5.5 year low by reachin 1052.67 support: the price is under pressure by bearish fundamental news events from the US and strong US dollar which is breaking 100.31 resistance to above for now...
Analysts from ABN Amro report: “Gold investors will have to wait at least one more year before they can expect to see a sustained recovery of the gold market." ABN Amro's forecast for 2016 says about further weakening of gold and silver at the beginning of 2016...
Morgan Stanley estimated the most interesting possible trades by the direction for some pairs which they will trade in 2016. GBP/JPY. Short. Monthly price is on bullish market condition with the ranging within 195.86 resistance and 174.86 support levels...
Volatility expected through this month because December marks the single biggest month in monetary policy decisions all year. Starting on Thursday, 3rd is the ECB, where Draghi will announce the outcome of the Governing Council’s “re-examination” of QE...
Many analysis are considering NZD as the strongest currency for now compare with JPY for example. Anyway, as we see from the chart above - NZD/USD is on bearish condition for far below 100 SMA/200 SMA reversal area, and it seems the bearish trend will be continuing for breaking 0...
The price is located near 200 period SMA (200 SMA) on the border between the primary bearish and the primary bullish trend on the chart within the following support/resistance levels: 6463 resistance level located between 100 SMA and 200 SMA on the ranging area of the chart, and 5758 support leve...
