Savers may one day be able to open digital money accounts at central banks such as the Bank of England but policymakers have to be careful that they do not hurt the banking industry in the process, a top BoE policymaker said on Wednesday...
Banks
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3 March 2016, 04:54
Britain will hold a referendum over whether to stay in or leave the EU on 23 June. Current polls point to a very close vote. Brexit is not our base case, but the probability we assign to it – 30% to 40% – makes it a material risk...
Market News
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3 March 2016, 04:50
The angst that characterized the first several weeks of the year continues to dissipate. Major equity markets are extending their two-week recovery into a third week. Immediate concerns about the US falling into a recession have eased...
Market News
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2 March 2016, 14:23 #China
The USDJPY tumbled from the "get go" in trading today falling toward the 200 hour MA and 38.2% of the move up from last weeks low. The pair has rebounded toward an early swing high on Friday and in my minds eye are seeing visions of a head and shoulder formation forming...
Analytics & Forecasts
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2 March 2016, 14:14
• EUR/CHF's selling pressures continues. Hourly support can be found at 1.0810 (29/02/2016 low) is on target. Hourly resistance lies at 1.0946 (25/02/2016 high). The technical structure suggests further weakening. • In the longer term, the technical structure remains positive...
Analytics & Forecasts
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2 March 2016, 03:35
Historically, Super Tuesday has brought additional emotion into the market, so from the perspective of a strategist that believes emotions should never play a role in this business, the influence of Super Tuesday is largely negative, but that doesn't imply that it lacks opportunity...
Market News
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2 March 2016, 03:34 #Trading
•USD/JPY has dropped hard in the past few minutes: •No relevant news hitting the wires, apart from news of stop losses under 112.60 •EUR/JPY hitting 3 years lows...
Analytics & Forecasts
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2 March 2016, 03:33
When the United Kingdom joined the then-European Economic Community in 1973, it was at the rearguard of European integration. The question raised by the UK’s upcoming referendum on continued European Union membership is whether Britain is now at the forefront of Europe’s disintegration...
Analytics & Forecasts
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2 March 2016, 03:32
Chicken Little would have been in his element today. The sky may not be falling, but plenty else is, be it latest Eurozone inflation prints and bond yields, incoming US economic data or China’s Reserve Requirement Ratio...
Analytics & Forecasts
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1 March 2016, 03:30
The $5.3-trillion currency market is getting harder for traders to make money in as price changes that once took months or weeks now happen more quickly, says Hugh Killen, Westpac Banking Corp.’s head of trading for foreign exchange, fixed income and commodities...
Other
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29 February 2016, 16:38 #Trading, forex