Germany’s lackluster PMI numbers may hamper Euro
May 21, 2015 08:58 am UTC| Insights & Views
German Manufacturing PMI: Manufacturing PMI is decreased to 51.4 in May of 2015 from 52.1 in April of 2015. The Index measures the performance of the manufacturing sector and is derived from a survey of 500 industrial...
Pound trend line still intact as market awaits retail sales
May 21, 2015 08:25 am UTC| Insights & Views
Pound has recovered sharply from its post inflation slump, however bulls are struggling to break above 1.558-1.56 area. Retail sales might turn out as make or break event for pound. Why pound is major contender for...
Euro remains trapped as French PMI bounces back, while Germany slumps
May 21, 2015 08:05 am UTC| Insights & Views
Euro has posed a strong comeback post stronger than expected French PMI release, however rally got soured as German PLI slumped. French PMI - French manufacturing PMI, jumped to 49.3 (still in contractionary zone)...
French posts mixed bag of numbers; manufacturing superior over service sector
May 21, 2015 07:50 am UTC| Insights & Views
French Markit Composite PMI Flash: Composite PMI in France increased to 51 Index Points in May of 2015 from 50.6 Index Points in April of 2015 as reported by the Markit economic. French Markit manufacturing PMI Flash:...
Delta advantage on Put Ratio Back Spread of USDJPY
May 21, 2015 07:25 am UTC| Insights & Views
Arrest downside risks of USDJPY hedging through deploying option strategy: Put Ratio Back SpreadExpect the underlying currency cross (USDJPY in this case) to make a large move on the downside.Purchase puts (OTM) and sell...
FOMC minutes reveals key support resistance for Euro
May 21, 2015 07:22 am UTC| Insights & Views
Yesterdays FOMC minutes showed that policymakers are most likely to wait for further data, confirming strength in US economy before pushing for first rate hike. According to many participants, June might not be enough...
Japan all set to snatch back gains
May 21, 2015 07:10 am UTC| Insights & Views
Bank of Japans monetary policy statement: Today BoJ is expected to reveal BoJs outcome of their decision on interest rate and also the commentary on economic condition that project Japanese business outlook. Manufacturing...