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MARKET NEWS August, 8: American Session Tatiana Norkina, FBS analyst American dollar demonstrates mixed dynamics today. After morning decline in the area of support 81.40, the index consolidated just above. At the opening of the American session the rise to 81.53 is observed in the...

MARKET NEWS Key option levels (Aug. 8) 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. 8: Asian session USD/JPY slid to 101.60. Japanese yen and Swiss franc climbed after President Barack Obama authorized targeted air strikes in Iraq, increasing demand for safe havens amid geopolitical conflicts in Ukraine and across the Middle East. Asian stocks declined. The...

MARKET NEWS The 7th of August: American Session Tatiana Norkina, an analyst of FBS Company The number of unemployment compensations in the United States decreased to 289 thousand this past week, while analysts had been expecting the increase of 305 thousand. This information strengthened...

MARKET NEWS 7 August 2014 ECB Draghi's press conference Monetary policy ECB has accelerated preparations for ABS purchases (QE) ECB unanimous in its commitment to use unconventional measures interest rates will remain at present levels for an extended period TLTRO take up of between 450-850...

MARKET NEWS 7 August 2014 Insight into the ECB's decision It’s time for another meeting of the European Central Bank and Mario Draghi’s press conference which starts at 12:30 GMT. Analysts at BK Asset Management compare the euro zone’s economic data ahead of this meeting with those ahead of...

MARKET NEWS 7 August 2014 Bank of England: what to expect? The Bank of England policy meeting (Thursday, 11:00 GMT) will likely be a non-event for the markets as monetary policy will likely remain unchanged. However, policy minutes release on August 20 will likely be more interesting...

MARKET NEWS Aug. 7: Asian session Asian shares outside of Japan fell as tensions mounted over Ukraine. Russian President Vladimir Putin yesterday ordered restrictions on imports for one year from countries that have imposed or supported sanctions against Russia. The MSCI Asia Pacific Index...

MARKET NEWS 6 August 2014 EUR/USD fell to new low at $1.3332 EUR/USD slid on the negative economic data. According to the figures released today, Italian GDP contracted by 0.2% in Q2. In addition, the euro zone’s retail PMI slipped from 50.0 to 47.6. German factory orders released earlier...

MARKET NEWS Key option levels (Aug. 6) 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. 6: Asian session Asian shares fell after US equities dropped to a 2-month low amid escalating tensions in Ukraine as Russian President Vladimir Putin ordered a response to US and European sanctions. MSCI Asia Pacific Index dropped 0.7%. Japanese Nikkei 225 slid by more than...

MARKET NEWS Aug. 5: American Session Tatiana Norkina, analyst at FBS The US dollar has been strengthening today against the weakening of the EU currency after the release of mixed data on the eurozone. At the opening session, the dollar is adding about 0.23%, testing the 81.60 mark. At the...

MARKET NEWS Aug. 5: European session EUR/USD slid to $1.3388. There was a mixed economic data from the euro area. The region’s composite PMI turned out to be lower than expected (53.8 vs. 54) as services PMI came a bit below forecasts. Retail sales met the forecasts rising by 0.4% (y/y...

MARKET NEWS Key option levels (Aug. 5) 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. 5: Asian session Asian shares were under pressure after HSBC’s of China’s services industries fell to a record low of 50 points from the previous reading of 53.1. This piece of data has worsened the market’s mood which was quite positive following upbeat US earnings and...

MARKET NEWS The 4th of August: American Session Tatiana Norkina, an analyst of FBS Company The index of the dollar keeps the equilibrium position in the support area of 80.40 increasing by 0.02% at the session opening, but the dynamics can become negative as it is inflenced by the Friday's...

MARKET NEWS 4 August 2014 CFTC: USD longs at highest since Feb According to the latest CFTC report, released on Aug. 1, large traders and speculators increased their US dollar bullish bets on the week ended July 29. The overall USD long position went up from $14.12 on July 22 to $20.24...

MARKET NEWS Key option levels (Aug. 4) 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 4 August 2014 Portugal rescued troubled bank Portugal’s central bank unveiled a plan to rescue the nation’s second-largest lender – Banco Espirito Santo – that has been engulfed by the fall of the Espirito Santo family’s business empire. The state of this bank quickly deteriorated...

MARKET NEWS Aug. 4: Asian session Asian stocks swung between gains and losses as investors weighed a smaller-than-forecast increase in US payrolls and the bailout of a Portuguese bank. The greenback held gains versus developed-market peers before data tomorrow predicted to show growth in...