MARKET NEWS
Key option levels (Aug. 15)
FXBAZOOKA.com - 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...
MARKET NEWS
Aug. 15: Asian session
FXBAZOOKA.com - Asian shares pulled higher on Friday, on track for a winning week, while the euro remained close to nine-month lows after downbeat data. USD/JPY rose to 102.50, but is below yesterday’s high at 102.65.
EUR/USD is little changed in the...
MARKET NEWS
14 August 2014
Euro area's economy stagnates
FXBAZOOKA.com - The euro area’s recovery halted in Q2, underlining the vulnerability of the region to weak inflation and the deepening crisis in Ukraine. This may increase pressure on the European Central Bank to expand stimulus.
German...
MARKET NEWS
14 August 2014
Danske Bank: USD demand presists
USD remains very attractive despite softer than expected US retail sales yesterday, analysts at Danske Bank say. They point that portfolio flows continue to be supportive for the USD both into the equity and US Treasury markets...
MARKET NEWS
Key option levels (Aug. 14)
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
Aug. 14: Asian session
FXBAZOOKA.com - Asian stocks rose as a slowdown in the US retail sales fueled bets the Fed won’t raise interest rates earlier than expected. The expectations of lower rates in the US for a longer period of time make traders more optimistic. USD/JPY rose to...
MARKET NEWS
13 August 2014
The BoE cut 2014 wage growth forecast
The Bank of England sounded more dovish than expected, cutting wage growth forecasts and giving no timing on rate hikes. GBP/USD slipped to a fresh 2-month low of $1.6720 on the news.
Forecasts:
2014 wage growth forecast...
MARKET NEWS
13 August 2014
Credit Agricole: comments on UK wage growth
Despite the overall positive trend in UK economy, the weakness in wages growth has remained puzzling, analysts at Credit Agricole say.
"Two possible explanations have been advanced: higher slack in the labour market than...
MARKET NEWS
13 August 2014
US retail sales: preview
Analysts at Credit Agricole expect lower readings than consensus: +0.3% and +0.1% for core retail sales. The specialists think that although chain store sales have probably increased last month, the auto and gas station sales will...
MARKET NEWS
Key option levels (Aug. 13)
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
Aug. 13: Asian session
Asian stocks swung between gains and losses as investors weighed earnings reports. Chinese shares fell after the nation’s measure of new local-currency loans came at 385.2B yuan vs. 780B expected. Appetite for riskier assets has also been undermined by...
MARKET NEWS
Aug. 12: American session
Tatiana Norkina, FBS analyst
American dollar was rising to new maximums of this year today, to 81.74, largely due to the weakening of European currencies, after the release of negative statistics for the euro area. It was followed by a correction to...
MARKET NEWS
12 August 2014
Fed's Fisher: recovery disappoints
The US and global economic recovery has been "disappointing" so far and may signal a permanent downshift in global economic potential, US Federal Reserve Vice Chair Stanley Fischer said on Monday. According to Fischer, a slowing of...
MARKET NEWS
12 August 2014
Derivative traders more pessimistic on AUD
Data from Bloomberg shows that derivatives traders turned the most pessimistic on Australian dollar since March. Futures positions on AUD saw last week the biggest bearish shift since January, according to the CFTC...
MARKET NEWS
12 August 2014
Danske Bank: Ukraine in focus
Geopolitical tensions appear to be easing a little bit, but the international problems will stay in focus anyway, analysts at Danske Bank say.
“In Ukraine, the risk of an imminent Russian intervention appears to have eased after Russia...
MARKET NEWS
Key option levels (Aug. 12)
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
Aug. 12: Asian session
Asian shares rose amid optimism that geopolitical risks are receding. The MSCI Asia Pacific Index added 0.4% after surging 1.2% yesterday, the most since June 19.
Israeli and Palestinian negotiators staked out positions for a long-term agreement on the...
MARKET NEWS
Key option levels (Aug. 11)
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
11 August 2014
CFTC: USD longs increase again
According to the latest CFTC report, released on Aug. 8, large traders and speculators sharply raised their bullish bets in favor of the US dollar for a third straight week and to the highest total contracts level since March. Net bets...
MARKET NEWS
Aug. 11: Asian session
USD/JPY is trading above 102.00 after spiking down to 101.50 on Friday. Yen weakened as concernы about tensions in Ukraine eased after reports last week that Russia is seeking to mediate between Kiev and rebel forces. MSCI Asia Pacific Index advanced 1.2%...