February 2015

Crude, preparing for take off! While the markets are focused on Crude oil inventory stock piles and the Baker Hughes rig count, from a technical perspective, we are starting to see that Crude oil prices are nearing their completion of a…
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Few days ago, the Bank of Canada Governor, Stephen Poloz delivered his speech, which the markets translating it to be hawkish on a few comments made. He noted that the surprise rate cut in January was more of an "insurance" against the…
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Key Forex Afternoon Notes: Australia construction work done q/q -0.2% vs. -1.2% Australia wage index q/q 0.6% vs. 0.6% China HSBC flash manufacturing PMI 50.1 vs. 49.6 UK, BBA mortgage approvals 36.4k vs. 36.2k Later ECB…
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In short, the realistic answer would be, "No one knows" and that includes the very people at the heart of the question, the FOMC voting members and the Fed Chair, Janet Yellen. Sometimes, it becomes far too convenient to get swayed by…
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Monday, the German IFO Business Climate was released below expectations and Greece delayed giving its list to the European officials until Tuesday. The general direction of the Euro on the first day of the week was down. EURUSD fell below…
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Gold futures well supported near $1200 After yesterday's testimony to the senate banking committee from the Fed Chair Janet Yellen, the US Dollar continues to ease back from its rally, providing some relief to Gold futures. Price actions…
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In the run up to Janet Yellen's testimony to the senate banking committee, the markets clearly shrugged off economic data which included a better than expected PMI services data but a weaker CB consumer confidence. On the headline…
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Key Forex Afternoon Notes: New Zealand inflation expectations q/q 1.8% vs. 2.1% previously German Final GDP q/q 0.7% vs. 0.7% Eurozone Final CPI y/y -0.6% vs. -0.6%; Core CPI y/y 0.6% vs. 0.6% BoE Inflation report hearing Later…
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Dow Jones: 18085 Equity on trading zone market managed last week to add more advance toward 18000 zone above 18050 market may activate more advance toward 18250-300 zone market may hold short-run trading zone between 17000 -…
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GOLD 1197 Drop pressure back to affect Gold market back to dump haven on Europe-Greek agreement while Russia-germany-france meeting over Ukrainian crises helped to dump haven more while market faced more drop pressure on…
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