2015

Thin trading volumes mark the day as major trading hubs remain close! Japan retail sales y/y -1.0% vs. -0.10% Japan preliminary industrial production m/m -1.0% vs. -0.40% The markets opened today after closing on Thursday last…
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The markets had a holiday shortened week last week but the week was marked with key important data from the US, UK and Japan. Closing out the week, the NZD was the top performing currency, which gained 1.72% against the US Dollar followed…
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AUDUSD (0.71): Data from Australia this week was limited to the CB leading index which continued to decline -0.10% for the month. The Australian dollar was however stronger over the week, with weekly gains of 1.34%. AUDUSD closed the week…
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Markets slow down as the holiday spirit looms! Australia CB leading index m/m -0.10% vs. -0.10% previously BoJ releases monetary policy minutes UK BBA mortgage approvals 45.0k vs. 46.2k US weekly unemployment claims 267k vs. 270k…
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Crude Oil gains as US weekly inventory posts one of the largest drawdowns Crude Oil futures are up 5.19% this week after prices rallied strongly in the last 24 - 48 hours. The weekly EIA Crude oil inventories showed a surprising decline…
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Monday was the day Spain announced their winning party for the elections. Partido Popular (PP) won the referendum but the seats they obtained were 122 from an absolute majority - 176 needed, due to which forming a government will be a…
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UK third quarter GDP revised down to 0.40% US personal spending 0.30% vs. 0.30% France consumer spending m/m -1.10% vs. 0.20% Swiss KOF economic barometer 96.6 vs. 98.9 UK Current account -17.5bn vs. -21.3bn UK final GDP q/q…
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Dow Jones 17425 Market is seen to have travelled higher aiming closer at the Resistance levels of 17425-17528. Market does look like it favors a trend corrective move upwards before making a trend continuation move downwards along…
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Gold 1071.22 Market maybe trying to test and pierce through the Support zone of 1070.70 – 1067.09 area Market does look like it favors a short term rebound move as a correction to its current trend before making a continuation of its…
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Oil 35.79 Market is seen to have travelled sideways but slightly under the resistance levels of 35.89 with very close proximity of the target for D point at 14.35. Market does look like it favors a trend continuing move downwards…
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