Aug 11, 2016 12:46 pm UTC| Insights & Views
German industrial production missed the forecasts to disappoint the analysts in Eurozone, actual 0.8% versus forecasts at 0.9%. Germany posted EUR 21.7 billion trade surplus in July of 2016 against forecasts at 23.2B as...
Aug 11, 2016 10:00 am UTC| Central Banks Insights & Views
PBoCs interventions to depreciate CNY seems to be successful as the Chinese central bank (PBoC) continues to weaken its currency via the fixing, the fixing rates are generally in line with what the fixing model suggests so...
Aug 11, 2016 07:47 am UTC| Insights & Views
Gold should rally towards $1400 as the US Fed is unlikely to hike this year especially after the Brexit votes. Copper is likely to underperform on rising supply and the slowdown in China. We foresee according to Chinese...
Aug 10, 2016 12:49 pm UTC| Central Banks Research & Analysis
Please be noted that the ATM IVs of 1D and 1W expiries of NZDCAD are spiking at sky rocketed pace, 21.36% and, 12.57% respectively. This heaped on noise in NZDCAD OTC operations are owing to todays RBNZ monetary policy,...
Aug 10, 2016 12:17 pm UTC| Technicals
After the pair jumps above 7 21DMAs, the current prices gained intensified buying momentum, 7DMA crosses-over 21DMA. For now, even though the more upswings seem more likely as prices spiked above DMAs, whether it is...
Aug 10, 2016 11:35 am UTC| Research & Analysis
Yellow metal for December delivery on the Comex division of the NYME touched an intraday peak of $1,361.50 a troy ounce. It was last at $1,360.25 by 06:58GMT, up about $13.55, or 1.01%. Lets just have a glance over...
Aug 10, 2016 09:56 am UTC| Central Banks
In conjunction with annual inflation exceeding over 7 pct in August which is at risk and the threat remains that it will top the 4 pct target next year, Russias central bank (CBR) is expanding its efforts to mop up surplus...