December 2015

Australia private sector credit m/m 0.40% vs. 0.60% UK Housing equity withdrawal q/q -8.8bn vs. -10.5bn US Weekly unemployment claims 287k vs. 274k Later Chicago PMI The markets opened the final trading day of the year…
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2015 has been a year of development, full of achievements and great events. We are looking forward to start the upcoming 2016 with you! Next year holds even more surprises, events, and developments for you to enjoy responsible ‪trading …
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Oil falls on surprise weekly build up and comments from Saudi Aramco The weekly Crude Oil inventories report released yesterday showed an increase in the stock piles of 2.63 million barrels against forecasts of 2.5 million barrels of…
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On Monday, the yen managed to retrace its losses from the prior five days, the USD/JPY major remaining although capped in the 120.60 area the pair's consolidation phase is undergoing, all shadowed by a low liquidity reading. The day started…
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Swiss UBS Consumption indicator 1.66 vs. 1.63 previously UK Nationwide HPI m/m 0.80% vs. 0.40% Eurozone Spain flash CPI y/y 0.0% vs. 0.10% Eurozone M3 Money supply y/y 5.10% vs. 5.20% Eurozone private loans y/y 1.40% vs. 1.30%…
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With 2016 just around the corner, traders are more or less likely to ease back enjoying the brief holiday spell ahead of the markets returning to normalcy, coming Monday. In retrospect, the year 2015 has been one full of surprises with…
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Gold as with most other commodities has continued to remain in its multi-year bear cycle. On a year to date basis, Gold prices have fallen nearly 10.0% for the year, aptly reflecting the fact that threats of inflation continue to evade…
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Commodities bounce back strongly as the US Dollar eases Spain retail sales y/y 3.3% vs. 4.6% US Goods trade balance -60.5 billion vs. -60.9 billion Later US S&P/CS HPI US CB Consumer confidence The markets opened…
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EURUSD (1.09): EURUSD has seen the last few sessions consolidating within 1.0812 - 1.10 price level. The breakdown from the rising wedge pattern has established a short term support at 1.0812, while the resistance at 1.10 remains a strong…
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Looking back to 2015, we can deem the oil price decline as one of the most significant changes in the global economic landscape. The commodity's evolution prompted changes in both private sector investments as well as in government…
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