Market Commentaries

  • What Will The ECB Do

    Did Draghi Revive the EUR/GRP

    Jul 27, 12 • 2108 Views • Market Commentaries No Comments

    Yesterday, the intraday price range of EUR/GBP was remarkably small, given the sharp swings in other euro currency cross rates. In line with the price trend of late, sterling remained well bid yesterday morning and the pair reversed a big part of the...

  • stock-market-for-clean-energy

    Equities Market Review

    Jul 23, 12 • 2231 Views • Market Commentaries 1 Comment

    Following the scheme of the prior weeks, the week was a mixed bag for the world markets on our weekly watch list. It saw half posted gains, half losses and an epitome of optimism. Starting with the American markets, stocks rose on a weekly basis as US...

  • Economic Data To Watch For The Week

    US Economic Data Shows Sluggish Recovery Stalling

    Jul 22, 12 • 1959 Views • Market Commentaries No Comments

    Unemployment claims reverse most of previous weekís drop. In the week ended the 14th of July, US initial jobless claims edged up again. Initial claims rose by 34 000, from an upwardly revised 352,000 to 386,000, while an increase to 365,000 was forecast. In...

  • The-EURGBP-overdoes-it

    The BoE Keeps All Doors Open, Minutes Help Support the EUR/GBP

    Jul 19, 12 • 3220 Views • Market Commentaries 1 Comment

    Yesterday, trading in the EUR/GBP cross rate was confined to a tight range near the recent lows. The EUR/GBP cross rate jumped higher upon the publication of the Minutes of the July BoE meeting. On the 5th of July, the Bank of England decided restart its...

  • up-market

    Earning and Corporate Moves Push Stocks and Commodities Upward

    Jul 19, 12 • 2008 Views • Market Commentaries No Comments

    U.S. stocks rose for a second day after companies from Intel Corp. to Honeywell International Inc. reported profit that beat estimates and housing starts increased to the fastest rate in almost four years. Asian stocks rose, with the benchmark index headed...

  • The-Unsinkable-EURGBP

    The EUR/GBP Tumbles to a New Low

    Jul 18, 12 • 1926 Views • Market Commentaries No Comments

    Yesterday, the EUR/GBP followed largely the intra-day movements of EUR/USD, but at the margin sterling again did slightly better, as it set a new low. However, in a daily perspective, the price move was insignificant. EUR/GBP closed at 0.78529, marginally up...

  • The-EURGBP-overdoes-it

    My Favorite Currency Pairs EUR/GBP and the USD/JPY

    Jul 17, 12 • 5845 Views • Market Commentaries 2 Comments

    Recently not much happened in the USD/JPY cross rate. Trading was confined to the 79.00 big figure, mostly with a cautiously negative bias. Global sentiment on risk remained fragile and core (US) bond yields were again on a downward path, reducing the...

  • Commodities-and-Currencies-Kick

    A Quick Look at Global Commodities

    Jul 17, 12 • 1939 Views • Market Commentaries No Comments

    Gold recovered to close marginally higher in a quiet trading session, as weak US retail sales cut into the dollar’s gains ahead of Federal Reserve Chairman’s Congressional testimony which could provide the latest clue on monetary policies. Gold...

  • Crude-Oil-and-Natural-Gas-Expectations

    Crude Oil and Natural Gas on a Sleepy Market Day

    Jul 12, 12 • 2078 Views • Market Commentaries No Comments

    Currently, oil futures prices are trading above $85.90/bbl with a marginal gain from yesterday’s closing. A large decline in crude oil stocks in the last week has made this spike in oil prices on yesterday. However, on the other side economic concerns due...

  • Energy-Update

    Energy Update

    Jul 10, 12 • 1946 Views • Market Commentaries No Comments

    Currently oil futures prices are trading below $85/bbl with loss of more than 1.4 percent from yesterday’s closing. Oil prices have slipped from its high as import of its second largest consuming nation China have fallen by more than 15 percent in the month...