Smaller business outlook still gloomy in Japan
Sep 29, 2015 10:01 am UTC| Insights & Views
Bank of Japans massive easing so far failed to create anything substantially other than asset price inflation (Nikkei and Japanese bonds) and weaker Yen, which is posing considerable doubts in the market over BOJs real...

FxWirePro: GBP/JPY put backspreads capitalizing upon hanging man formation
Sep 29, 2015 09:54 am UTC| Insights & Views
With the below technical reasoning, we recommended arresting potential downside risks of this pair by hedging through Put Ratio back Spread. The short term ITM shorts have already fetched assured gains and were exactly...

Spanish retails sales up for consecutive 12 months
Sep 29, 2015 09:20 am UTC| Insights & Views
In spite of not living up to the expected growth of 3.3% y/y and that of July of 4.2%, Spanish retail sales managed to grow 3.2% y/y, which makes the consecutive growth of retail sales, longest since crisis. In August,...
Why RBI surprised with greater policy ease of 50 basis points
Sep 29, 2015 08:21 am UTC| Insights & Views
Today Reserve Bank of India (RBI) surprised market with 50 basis points policy ease, while no one was expecting more than moderate 25 basis points. RBI this year reduced policy rates by 125 basis points making it the one...

FxWirePro: AUD/NZD option strips well placed on downswings
Sep 29, 2015 08:15 am UTC| Insights & Views
The pair has pretty much achievedour earlier target at 1.1317, we could now foresee and maintain our next target for this pair is at 1.0937 levels towards south.We maintain our bearish stance on this pair as the prices...

Sep 29, 2015 07:47 am UTC| Insights & Views
We maintain our bearish stance on this pair as the prices both on weekly and daily patterns have been well below moving average curve that signals us long term bearish trend is on the cards.The pair has pretty much...
Guide to today’s important data and events
Sep 29, 2015 07:44 am UTC| Insights & Views
Lot of economic dockets to be released today, with low to medium risks associated. Data released so far - India - Reserve Bank of India cuts policy rate by 50 basis points to 6.75%. Germany - Import price index...