Jul 13, 2015 11:01 am UTC| Insights & Views
CFTC commitment of traders report was released on Friday (11th July) and cover positions up to Tuesday (7th July). COT report is not a complete presenter of entire market positions, since future market is relatively...
Chinese equity market correction to have only modest negative macroeconomic effects
Jul 13, 2015 10:54 am UTC| Insights & Views
Volatility in the Chinese markets could be far from over. Chinas Mainland equities fell over 32% after peaking on June 12 despite a myriad of measures implemented by policymakers to halt the correction.The sharp fall in...
GBP/USD currency derivatives condors strategy for 1.5343-1.5421 range
Jul 13, 2015 10:53 am UTC| Insights & Views
Trading perspectives: From last fortnight or so weve been advocating bearish strategies, well..! We hope regular traders whose portfolios derived profits from such bear trend of pound can book their returns on...
Chinese authorities takes up sensible steps to curb shadowy lending in stocks
Jul 13, 2015 10:21 am UTC| Insights & Views
Chinas securities regulator has moved to take some sensible steps, while countrys stock market continued recovery for third consecutive day after dropping as much as 30% from June peak. During the stock boom of 2014/15,...
Export oriented Chinese growth seems to shrug off equity crash and trade balance numbers
Jul 13, 2015 09:59 am UTC| Insights & Views
Chinas response to a correction in equity prices from over-bought levels was, at best, heavy-handed. That the authorities felt the need to respond tells us something about the concern caused by an investment and asset...
Jul 13, 2015 09:35 am UTC| Insights & Views
Today market participants are with the perception that Greek crisis is over (though that may not turn out to be the case if MOU is rejected by Greek parliament). Still Euro is down against dollar as much as 0.7%. Euro is...
GBP directly proportional, yen weaker on industrial numbers; deploy call ratio spreads for hedging
Jul 13, 2015 09:24 am UTC| Insights & Views
Japanese tertiary industry index MoM basis has contracted to -0.7% from previous-0.2%.Japanese industrial production has also not been a good recovery, it printed at -2.1% which is in line with the forecasts, this slight...
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