Market News
June 2nd: American session
Tatiana Norkina, an analyst at FBS
Negative statistics from the United States restrain the growth of the dollar index (the index of manufacturing activity ISM dropped to the level of 53.2 last month, while analysts forecasted an increase to 55.5)...
Market News
June 2: Asian session
Asian stocks rose after a gauge of China’s manufacturing expanded at the fastest pace in 5 months (to 50.8 vs. the forecast of 50.7) and policymakers said they will cut the reserve requirement ratio for some lenders. MSCI Asia Pacific Index gained 0.5%...
Market News
May 30: American Session
Tatiana Norkina, analyst at FBS
Negative statistics and guarded comments of FRS member Pianalto on the current U.S. economy state have put the dollar under pressure once again. Today, the U.S. dollar index is losing about 0.10%, sliding to the 80.40...
Market News
May 30: Asian session
Nikkei 225 is down by 0.2%. MSCI Asia Pacific stock index lost 0.1%, butheaded for its biggest monthly gain (3.4%) since September.
USD/JPY declined to 101.50 approaching yesterday’s low at 101.42. Yen strengthened as a government report showed inflation...
Market News
May 29th: American session
Tatiana Norkina, an analyst at FBS
The appearance of the data on pending home sales in the U.S., worse than expected, weakened the U.S. dollar a little, its index is currently reduced to 80.50, down about 0.13 %. At the same time, the number of...
Market News
29 May 2014
US GDP may decline
US GDP is due at 12:30 GMT. Analysts expect that American Q1 economic growth with be revised down from +0.1 to -0.6%.
US dollar is broadly weakening ahead of the release. Still, analysts at Banco Santander SA think that bad figures are caused by bad...
Market News
Key option levels (May 29)
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
May 29: Asian session
USD/JPY declined to 101.64. Yen strengthened as the greenback’s appeal diminished after Treasury 10-year yields fell to a 9-month low relative to similar-maturity Japanese government debt.
AUD/USD strengthened by almost 70 pips to $0.9290. The pair initially...
Market News
May 28: American Session
Tatiana Norkina, analyst at FBS
The dollar continues strengthening its position due to the pressure on the euro. In the absence of news factors from the U.S., the index has grown to the 80.60 level, adding about 0.20% at the moment. Stock indexes...
Market News
May 28: European session
EUR/USD is trading in the $1.3620. Data released in the euro area today was mostly disappointing. The number of unemployed people in Germany rose, French consumer spending declined. German import prices also fell, while the increase in the euro zone’s...
Market News
May 28: Asian session
Asian shares rose as US data added to evidence a recovery in the world’s largest economy is intact. The orders for US durable goods unexpectedly increased in April and consumer confidence perked up in May. The MSCI Asia Pacific Index gained 0.5%. Japanese...
Market News
May 27: American Session
Tatiana Norkina, FBS analyst
Strong growth of index "CB Consumer Trust" strengthened market sentiments and contributed to a very positive image of the major U.S. stock exchanges. Thus, DJIA added immediately about 0.50%, while the S&P500 - 0.60%. Also...
Market News
27 May 2014
BoJ pushes Abe to further reforms
Japan risks low economic growth even as policy easing spurs inflation, the Bank of Japan Deputy Governor Kikuo Iwata said in a speech yesterday. He underlines that the GDP growth can't be achieved only through the monetary policy, it is...
Market News
Key option levels (May 27)
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
May 27: Asian session
Asian stocks climbed for a fourth day. MSCI Asia Pacific Index added 0.2%. Nikkei 225 is up by 0.65%. USD/JPY stays just below 102.00. Japan’s currency dropped as demand for haven assets declined on speculation that policy makers globally will add to...
Market News
May 26: American Session
Tatiana Norkina, analyst at FBS
The U.S. dollar is showing signs of weakness due to the absence of major market participants from the U.S. and the UK who are celebrating national holidays. The dollar index has fallen by 0.15%, while stock indexes are...
Market News
26 May 2014
BoE Bean expects a 3% rate in 5 years
Charlie Bean, the departing BoE's deputy governor, expects the UK’s main interest rate to reach 3% within 3 to 5 years. He also pointed to the risks of increasing rates too early, saying policy makers had to be careful not to damage...
Market News
26 May 2014
CFTC: USD net longs up
Here are the essentials of the latest Commitments of Traders (COT) report, released on May 23 by the Commodity Futures Trading Commission (CFTC) for a week ended on May 20.
According to the report, the value of the USD net long position...
Market News
26 May 2014
EU: euroskeptics gained votes
Anti-European Union and far-right parties posted strong gains in elections to the European Parliament in some countries on Sunday, repots Wall Street Journal. This means that more and more Europeans are against economic austerity.
The...
Market News
26 May 2014
China Premier Li hints on easing
Chinese stock markets rose on Monday amid increased monetary easing expectations. Chinese Premier Li Keqiang said on May 23 the government will "fine-tune" policy when needed and solve problems such as tight funds for the real economy...