The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move. The greenback extended its gains against the yen to JPY149.55 but has...
The consolidative phase for the dollar, we anticipated last week, after its recent drop, is evolving into a proper upside correction. We expect the dollar to trade broadly firmer over the next week or so....
As the long-holiday ends, risk appetites have returned. Equities and yields are mostly higher. The dollar is seeing yesterday’s gains pared. Yesterday’s setback in the yen helped lift Japanese stocks, with the Nikkei advancing 1%....
New week, same refrain. Stocks down, yields up, and the dollar is broadly higher. The Nikkei and Taiwan fell by more than 2% and South Korea and Australia were off more than 1%. China’s Shanghai...
The US raised $207 bln yesterday by selling bills and coupons with little fanfare. The bid-cover on the three-year and 10-year sales were a little softer than at the last auctions. Today, the US will...
News of the defection of two more Republican Senators doomed the Senate attempt to replace and repeal America’s national health care. The failure to replace the system dubbed Obamacare, despite the Republican majority in both...
In technical parlance, shorter term moving average (SMA) crossing above the longer term moving average (LMA) is considered a bullish sign; as the SMA reflects more recent price action, the crossover is seen as an...
The Reserve Bank of India (RBI) is issuing CPI linked Inflation Indexed National Saving Securities – Cumulative (IINSS-C) between 23rd December 2013 and 30th December 2013 for investment by retail investors. This instrument which will...
