Resilient US oil production might unsettle OPEC’s non-OPEC production forecast
Oct 01, 2015 12:20 pm UTC| Insights & Views
OPEC has issued their expectations that non-OPEC crude oil production is likely to drop fast given lower oil price is creating immense pressure in the sector. There has already been 24 corporate bankruptcies in US, in...

Japanese yen and asset prices look relatively attractive
Oct 01, 2015 11:18 am UTC| Insights & Views
Bank of Japans policy appears to be indeed working. Though inflation has failed to take off as promised, BoJ stresses that it is strengthening as a result of yen depreciation and recovery in domestic demand. Despite the...

FxWirePro: Prefer CAD/JPY butterfly spreads as downtrend to halt but certainly not an uptrend
Oct 01, 2015 11:14 am UTC| Insights & Views
Technical glance:Lot of puzzling has been happening in CADJPY when we consider the intermediate trend of this pair, bullish candles such as dragonfly doji and at 90.217 on daily and likely dragonfly doji again for this...

FxWirePro: Short term call – Buy Euro against Pound targeting 0.75 and 0.775
Oct 01, 2015 11:09 am UTC| Insights & Views
European Central Bank (ECB) and Bank of England (BOE) are on the path of divergent monetary policies. While ECB is continuing on its record easing of 60 billion per month looking to increase balance sheet size by 1.1...
Effects of ECB QE disappears over rise in risk from Chinese slowdown
Oct 01, 2015 11:07 am UTC| Insights & Views
European PMI started the quarter in offbeat mode suggesting Europes economies are losing steam as most of the effects of European Central bank (ECB) dilutes. ECBs QE initially lifted Eurozone into inflation (CPI 0.3% in...

Europe’s PMI reading shows why further easing might be necessary
Oct 01, 2015 09:59 am UTC| Insights & Views
Euro zones PMI reported what was broadly expected by the market that regional economies are losing steam after rising from the ashes, riding on the optimism from European central Banks (ECB) record easing. Regional review...

Oct 01, 2015 09:27 am UTC| Insights & Views
EURAUD breaks channel line support once again at around 1.5917 levels previous to which it has formed spinning top as well but inching towards little upwards slowly, while weekly leading oscillators puzzle by signaling...