• India 2Q GDP Preview: Slightly Smaller Growth India 2Q GDP Preview: Slightly Smaller Growth

    August 28 2013 8:58 AM

    India's economy will likely bottom-out in the second half of the fiscal year, despite several issues dogging Asia's third-largest economy.

  • Asian Markets Tank As West Poised To Attack SyriaAsian Markets Tank As West Poised To Attack Syria

    August 28 2013 5:01 AM

    Asian markets were jolted, after new evidence emerged of a chemical attack by the Syrian government against civilians.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 27 2013 3:12 PM

    USD under pressure as investors turn to safe-haven assets - Sterling drops ahead of the BoE’s announcement whether to keep interest rates low - Commodities weaker on uncertainty over Fed stimulus and increased tensions in Syria

  • Tues. US Futures Point To Weak OpenTues. US Futures Point To Weak Open

    August 27 2013 6:49 AM

    Concern about Fed stimulus reduction, U.S. involvement in Syria and the mid-October debt-ceiling limit are on investors' minds.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 26 2013 12:43 PM

    USD mixed against basket of currencies as durable goods declined - BOE Governor Mark Carney expected to announce rates to remain low - New Zealand trade deficit largest in 10 months (NZ$774 million)

  • It Gets 'Real' As Latin American Currencies Drop Vs Dollar

    August 25 2013 12:17 PM

    Brazil, Argentina and Venezuela have seen their currencies drop sharply in the last six months.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 23 2013 2:36 PM

    USD holds steady with the exception of the EUR - JPY breaks past its range and markets now eye a new level of 100 USD/JPY - Commodity currencies are weaker with NZD reaching its lowest in over 30 days

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 22 2013 12:42 PM

    USD stronger as Fed minutes reaffirm market expectations of a September taper - EUR flat despite better-than-expected PMI data - Commodity currencies mixed as CAD plunges following weak retail sales data

  • 22/8/2013 - The Current Market Sentiment22/8/2013 - The Current Market Sentiment

    August 22 2013 8:09 AM

    After last week release of US jobless claim raised the expectations of having tapering of the Fed’s QE next month, yesterday minutes of the last Fed’s meeting have brought back the dependency on the economic improvement as it has left the door opened for everything.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 21 2013 12:38 PM

    USD broadly stronger as market awaits FOMC minutes - EUR weaker after hitting a 6-month high vs the dollar in yesterday’s session - Commodity currencies broadly weaker as emerging markets struggle

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 20 2013 12:56 PM

    USD slid as safe-have flows favored JPY and CHF - EUR reaches 2-month high vs. USD - Commodity currencies weakened as global demand for higher yielding assets subside

  • Tuesday Futures Subdued As FOMC Minutes LoomTuesday Futures Subdued As FOMC Minutes Loom

    August 20 2013 5:56 AM

    The wait for the release of the FOMC meeting minutes could keep U.S. stocks rangebound.

  • Indian Rupee, Stocks Bear The Brunt Of QE UncertaintyIndian Rupee, Stocks Bear The Brunt Of QE Uncertainty

    August 20 2013 3:56 AM

    The rupee, on Tuesday, hit a fresh record low, worsening the sell-off in local stock markets, and laying bare the economy's weak spots.

  • Indian Rupee, Stocks Crash, Bond Yields SpikeIndian Rupee, Stocks Crash, Bond Yields Spike

    August 19 2013 8:52 AM

    The plunging Indian rupee hit a fresh low, dragging down the country's stock markets while benchmark bond yields hit multi-year highs.

  • Fri Futures Suggest Higher OpeningFri Futures Suggest Higher Opening

    August 16 2013 6:39 AM

    Stocks could recover from Thursday's fall ahead of housing starts data, a consumer sentiment report and the nonfarm productivity report.

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 15 2013 12:36 PM

    USD is mixed after better US jobs data increased bets the Fed will cut its stimulus next month - GBP hits 2-month high on better-than-expected retail sales data - Commodity-linked New Zealand dollar climbed on expectations the RBNZ will raise interest rates

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZDDaily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 14 2013 12:47 PM

    USD broadly weaker as producer prices held steady - EUR flat despite first positive GDP reading in six quarters - GBP stronger on robust unemployment data and additional guidance from BoE

  • Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

    August 13 2013 12:29 PM

    USD broadly stronger on bullish consumer spending data - EUR weaker despite better-than-expected German ZEW report - Commodity currencies weaker, Aussie dips on poor data and low consumer confidence

  • 13/8/2013 - The Current Market Sentiment13/8/2013 - The Current Market Sentiment

    August 13 2013 8:33 AM

    The release of Q2 GDP of Japan could contain the current market sentiment to encourage the traders to wait for a bottom again of USDJPY to restart buying it. USDJPY has broken its previous resistance at 96.95 easily by the Japanese session. After inability of the Japanese yen to press on the greenback to get down below 96 several times recently.

  • The US$ Outperforms Gold, Silver and the HUI so far in 2013

    August 13 2013 8:21 AM

    The chart below paints a sorry picture for precious bugs with the US dollar just managing to stay in positive territory as losses mount for gold, silver and the mining sector. In broad terms the US Dollar is up 2%, Gold is down 22%, Silver is down 32% and the miners represented here by the HUI are down 45%. All stomach churning stuff for perma bulls as the mining sector now has to generate gains of around 100% in order to get back to where they were at the start of the year. This is not impossible but it will take a monumental effort to achieve such a recovery.