Yellen’s testimony, CPI and jobless claims set stage for rate hike before end-2015
Jul 17, 2015 10:19 am UTC| Insights & Views
Fed chairperson Yellens semi-annual testimonies earlier this week hardly deviated from other recent statements and continued to sound cautiously optimistic over the economic outlook.She saw prospects for further...

Euro zone SPF inflation expectations rise for second consecutive quarter
Jul 17, 2015 10:16 am UTC| Insights & Views
Yesterday consumer price index (CPI) stat for June showed subdued inflation across Euro zone, with persistent deflation in weaker countries such as Greece, Cyprus, Slovenia and Lithuania. However inflation expectations...

BOE’s Carney provides clue to rate hike
Jul 17, 2015 09:45 am UTC| Insights & Views
In spite of Dollar rallying strong, pound has been able to hold its ground against it so far, which is pushing it higher against other currencies, such as Euro, Yen, Loonie. Focus has now been shifting to the fact is that...
FxWirePro: Strategical hedging for the Australian exporters as AUD in tepid swings
Jul 17, 2015 08:14 am UTC| Insights & Views
The downside risk in AUD against USD is anticipated if the Feds rate decision seems to be is in line with the Yellens hints after she sent strong indications that US economic conditions are likely to justify an interest...
Guide to today’s important data and events
Jul 17, 2015 08:14 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated with the release is moderate. Focus is on consumer price index (CPI) from US and China. Data released so far - Australia - CB leading indicator...

A glimpse on Australian exporting business
Jul 17, 2015 08:01 am UTC| Insights & Views
Even though Australian economy is dominated by service sectors, accounts more than 65% of GDP, in the 12 months to 30 June 2015 the value of Australian exports rose by 5% to AU$1.89 billion. The distribution of exports is...

FxWirePro: EURJPY debit put spread reduces downside risks and hedging cost
Jul 17, 2015 06:42 am UTC| Insights & Views
EOD chart of EUR/JPY evidences the back to back bearish candlestick patterns on downswings to confirm short term downtrend. It is observed that formation of gravestone doji at 135.794 followed by one more doji at 135.811...