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MARKET NEWS Key option levels (July 15) 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 15: Asian session Asian shares rose for the second day after Citigroup Inc. reported better-than-forecast profit, boosting confidence that earnings growth can sustain further gains in shares. The MSCI Asia Pacific Index advanced 0.4%. Nikkei 225 is up by 0.8%. USD/JPY edged...

MARKET NEWS July 14: American Session Tatiana Norkina, analyst at FBS The dollar is strengthening before ECB President Dragi's next speech, scheduled for 21:00 GMT+4. In the afternoon, the index went into the red zone, after industrial production data publication which turned out better...

MARKET NEWS 14 July 2014 CFTC: USD bullish bets up According to the latest CFTC report, released on July 11, large traders and speculators slightly increased their US dollar bullish bets on the week ended July 8 for the first time in four weeks. The overall USD long position increased from...

MARKET NEWS 14 July 2014 Euro zone: industrial production Eurostat will release monthly industrial production change data for May 2014 on July 14, 9:00 GMT. Event: Industrial Production Publication date: July 14, 2014, 9:00 GMT Previous: 0.8% Market forecast: 0.3% Given the fact that German...

MARKET NEWS July 14: Asian session The market volatility is low with all the currencies stuck in tight ranges amid low trading volumes. Markets stay calm, waiting for the Fed’s Yellen testimony at Congress on Tuesday and Wednesday for some news on the Fed’s monetary policy outlook. USD/JPY...

MARKET NEWS July 11: American Session Tatiana Norkina, analyst at FBS U.S. dollar index is once again showing positive dynamics today, adding about 0.10% by now. However, a report on administration of US budget is expected to appear later, and high volatility is possible. Stock markets are...

MARKET NEWS Key option levels (July 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 July 11: Asian session Asian shares declined heading for the first weekly loss in 9 weeks. MSCI Asia Pacific Index slid 0.2%. Concern about financial risks in Europe worsened risk sentiment. Investors are worried, because a company linked to Portugal’s second-largest lender...

MARKET NEWS July 10: American Session Tatiana Norkina, analyst at FBS The U.S. dollar index is recovering in the 80.25 area today, after yesterday's collapse to the 80.00 figure. Positive mood has been set by the data on the labor market: the number of applications for unemployment benefits...

MARKET NEWS July 10: European session EUR/USD edged down to $1.3630. On the upside resistance is at $1.3650. French industrial production contracted by 1.7% vs. expected growth of 0.5%, while the nation’s consumer prices once again stagnated. European stocks are falling for a fifth day in a...

MARKET NEWS 10 July 2014 The BoE meeting to be a non-event Bank of England will announce its monetary policy decision today at 11:00 GMT. The July meeting is expected to be a non-event for the currency market: interest rate is expected to stay at a record low of 0.5%, while the QE volume – at...

MARKET NEWS 10 July 2014 FOMC minutes: what's new? The minutes from the June 17-18 FOMC meeting, released on Wednesday, showed the US officials agreed to end the Fed's bond-buying program by October. The Fed’s officials also discussed strategies for exiting a period of low rates, with 13 of...

MARKET NEWS Key option levels (July 10) 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 10: Asian session US dollar weakened amid bets US interest rates will remain near zero this year after minutes of the Fed’s most recent meeting failed to offer clues on the timing of increases. Asian stocks outside Japan rose as investors speculated that increasing Chinese...

MARKET NEWS 9 July 2014 Dragi is due to speak today The ECB’s President Mario Draghi will speak today at 18:30 GMT in London, where he delivered his famous speech almost exactly 2 years ago pledging to do “whatever it takes” to save the euro. Draghi takes the stage later in the day, and...

MARKET NEWS 9 July 2014 BOJ may lower forecasts The Bank of Japan is to review its quarterly economic estimates next week when it meets on July 15. The last time Japanese central bank issued its projections was in January. Then the BOJ expected to see domestic GDP rise by 1.1% in the fiscal...

MARKET NEWS 9 July 2014 China used to support EUR Analysts at Morgan Stanley point out that China still accumulates the biggest reserves in foreign currency approaching the $4 trillion mark. Such huge reserves have no doubt an impact on the market. According to MS estimates, Chinese reserve...

MARKET NEWS Key option levels (July 9) 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 9: Asian session US dollar remained lower before the Federal Reserve releases minutes of its most recent meeting at 18:00 GMT amid speculation an uneven economic recovery will prompt policy makers to hold borrowing costs near zero. The greenback held losses from yesterday...