Eurozone Political Drama and Softer Global Data to Weigh on Sentiment
Moving on, economic data continues to show signs of weakness, and the softer results once again highlight the fragile state of affairs in which the global economy lies. Overall, we expect risk correlated currencies and global equities to be very well ...
USD/CAD Forecast May 8, 2012, Technical Analysis
The USD/CAD pair fell fairly hard on the session for Monday, even as oil dropped. The market had originally gapped slightly and rose, but the overall attitude came back into play as the pair approached the parity level. This area has been very re
NZD/USD Forecast May 8, 2012, Technical Analysis
The NZD/USD pair gapped down at the open for the Monday session as the fear attitude came back into the markets overall. The pair then rallies, but at the end of the day gave back a bit of its gains in order to look vulnerable yet again. This is
EUR/USD Fundamental Analysis May 8, 2012, Forecast
Analysis and Recommendations:The EUR/USD is surprisingly strong in late afternoon trading, exchanging at 1.3060 as markets were looking at the possibility of the euro falling below the 1.30 price. It is inevitable, but at least for today, the
GBP/USD Fundamental Analysis May 8, 2012, Forecast
Analysis and Recommendations:The GBP/USD is trading at 1.6192, just about to break back over the 1.62 price. UK markets are closed for Spring Bank holiday so and there is little in the way of eco data this week to support the sterling.
The B
Natural Gas Fundamental Analysis May 8, 2012, Forecast
Analysis and Recommendations:Natural Gas is up at 2.3221. Just a few weeks ago, we were predicting that NG would find a seasonal bottom at the 2.32 range and maintain there. It was not until there was the unexpected fall in price due to high
Silver Fundamental Analysis May 8, 2012, Forecast
Analysis and Recommendations:Silver taking cues from fall in gold prices coupled with strength in the US dollar index, silver prices in the international markets have dropped sharply by 3 percent last week. Silver being an industrial metal also
AUD/USD Fundamental Analysis May 8, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD has managed to climb off a low of 1.011 to trade at 1.0157 still down for the day.
Last week the RBA reduced its key lending rate by 50bps which surprised markets and sent the
Gold Silver tips, copper update, crude oil update, Base met
Today’s MCX gold 0.2 per cent is trading at Rs 28821. Silver -398 Rs change come close to Rs 55398 fall. Slipped 0.2 per cent of crude oil is trading at Rs 5,180. Today all base metals decline position.SELL GOLD JUN BELOW 28820 STOPLOSS 28863,
Binary Options Daily Setup May 8th 2012
Today, Tuesday, May 8th produces 3 new trading events. These events provide excellent trading opportunities for binary options traders. The German Industrial Production today, will probably have an effect on the EUR/USD.
Singapore Stocks-Cautious start seen; Hutchison Port eyed
While weak demand on US and Europe trade persists, China's economy appears to be stabilising and continues to be a key engine of global economic growth in 2012, with the Pearl River Delta region remaining a main cargo source, Hutchison Port said.
Seoul shares set to inch up from 3-mth closing low
-----------------MARKET SNAPSHOT @ 22:18 GMT-------------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1369.58 0.04% 0.480 USD/JPY 79.89 -0.01% -0.010 10-YR US TSY YLD 1.873 -- 0.000 SPOT GOLD $1638.29 0.01% 0.190 US CRUDE $98.05 0.11% 0.110 DOW ...


