Search results

MARKET NEWS Aug. 1: American Session Tatiana Norkina, analyst at FBS The US dollar index has dipped sharply after the publication of negative statistics on the labor market. The change in the number of people employed in the non-agricultural sector of US economy in July was only 209...

MARKET NEWS Key option levels (Aug. 1) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

MARKET NEWS August 1: Asian session US dollar remains near the recent highs versus the major currencies ahead of a closely watched jobs report (NFP) that has the potential to make or break a rally that saw the greenback post its best monthly performance in over a year. Asian stocks declined...

MARKET NEWS 31 July: American session Tatiana Norkina, an analyst at FBS The index of the dollar with session opening subsided a little, but is still in green zone, adding about 0.05%. The reason of the decline was disappointing data on the labor market. The number of applications for...

MARKET NEWS Key option levels (July 31) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

MARKET NEWS July 31: Asian session US dollar held below a 10-month peak against a basket of major currencies on Thursday after soaring on upbeat US growth data (GDP increased by 4% in Q2), with mixed views from the Federal Reserve tempering the rally. The greenback has a good chance of...

MARKET NEWS 30 July 2014 FOMC meeting: main moments - Fed tapers QE from $35B to $25B. - Rates held at 0-0.25%. - The odds of persistent inflation below 2% ‘diminished somewhat’. - Inflation has moved “closer” to long-run objective. - No more...

MARKET NEWS 30 July 2014 Spanish GDP beat expectations Spanish growth in Q2 turned out to be higher than the Bank of Spain has expected: the nation’s GDP increased by 0.6% q/q versus the anticipated growth of 0.5%. At the same time, Spanish consumer prices fell by 0.3% y/y, while the...

MARKET NEWS 30 July 2014 New coordinated sanctions against Russia Russia keeps getting penalized for backing of armed rebels in eastern Ukraine. The United States and Europe have made a joint effort on Tuesday. The new sanctions are designed to hit major pillars of the Russian economy...

MARKET NEWS Key option levels (July 30) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

MARKET NEWS July 30: Asian session Asian shares are a bit on the upside with MSCI Asia Pacific Index up by 0.2%. US dollar is consolidating versus its counterparts after yesterday’s gains. The greenback remains near the highest in almost eight weeks against major peers amid prospects jobs...

MARKET NEWS 29 July 2014 IMF: GBP is overvalued The International Monetary Fund warned that British pound is overvalued by 5-10% and this may hamper efforts to rebalance the British economy, reports the UK Telegraph. According to the IMF, high sterling may hit exporters and take some of the...

MARKET NEWS 29 July 2014 European yields are falling Spanish and Italian bond yields hit the latest in a series of record lows on Tuesday with investors looking to 60 billion euro of coupon and debt repayments from the two countries this week to return to the market. Yields on 10-year German...

MARKET NEWS 29 July 2014 BOJ Ishida on additional stimulus The Bank of Japan board member Koji Ishida warned on Tuesday that domestic structural factors may further delay a rebound in export performance even despite the fact that global growth picks up. This makes Japanese economic recovery...

MARKET NEWS 28 July 2014 Hilsenrath: the Fed is divided on rates Jon Hilsenrath, Wall Street Journal columnist and the Fed expert, has written an article about the Federal Reserve’s next meeting which will take place on Wednesday. According to Hilsenrath, all the FOMC members agree that the...

MARKET NEWS 28 July 2014 CFTC: USD net longs at 6-week high According to the latest CFTC report, released on July 26, large traders and speculators slightly increased their US dollar bullish bets on the week ended July 22. The overall USD long position went up from $9.94 July 15 to a 6-week...

MARKET NEWS Key option levels (July 28) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

MARKET NEWS July 28: Asian session Asian shares rose, while Treasuries and oil slipped as investors await data on US services before the Federal Reserve meets this week. MSCI Asia Pacific Index is up by 0.27%. Japanese Nikkei 225 is up by 0.41%. The dollar index, a gauge of its strength...

MARKET NEWS Key option levels (July 25) Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of...

MARKET NEWS July 25: Asian session US dollar headed for a second weekly gain versus euro before data today may show durable goods orders rebounded in June, adding to signs the economy is gathering momentum. USD/JPY is trading under resistance in the 101.80 area. Japanese CPI data that came...