Market News and Analysis
Taiwan's Dollar forwards fall after China's PMI data
Mon, 04 Mar 2013 09:54:04 GMT
Taiwan's Dollar forwards declined as China's PMI dropped to 50.1 in February, the lowest level in five month, clouding the outlook for exporters to the nation's biggest market. One-month non-deliverable >>
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Wheat jumps as China's imports may climb
Mon, 04 Mar 2013 09:43:05 GMT
Farm commodities apart from sugar advanced on Friday despite weak data out of China and broadly stronger US Dollar. Grains found support on speculation that US export sales may jump >>
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Energy
Mon, 04 Mar 2013 09:32:04 GMT
Energy futures ended the week in the red territory on concerns over
global demand prospects amid weak PMI reading in China and political
turmoil in Italy. Also weighing on prices >>
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Morning Trade Pattern Ideas
Mon, 04 Mar 2013 09:21:40 GMT
Dukascopy Trade Pattern Ideas for USD/CAD (Channel Up), GBP/USD (Channel Down), EUR/CHF (Channel Up) and EUR/USD (Channel Down) till 08:30 GMT. >>
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USD/CHF aims for 0.9512
Mon, 04 Mar 2013 09:17:24 GMT
Neither the bullish resistance line nor the 200-day SMA were able to halt USD/CHF from rising beyond 0.94. >>
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USD/JPY pulls back
Mon, 04 Mar 2013 09:17:19 GMT
USD/JPY proved to be capable of rallying by approaching the rising trend-line, but the pair still remains weak, with only a few arguments speaking in favour of the price successively >>
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GBP/USD moves away from 1.5227/1.5175
Mon, 04 Mar 2013 09:16:38 GMT
The risk of a sharp surge up to the region of 1.5372 has subsided, as the bearish scenario came into force, implying that the dip is likely to be extended >>
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EUR/USD slips below 1.3061
Mon, 04 Mar 2013 09:16:31 GMT
Last week the price did not receive sufficiently strong bullish impetus at 1.3061 in order to breach the 100-day SMA at 1.3162. >>
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Crude oil drops on weak PMI releases, increase in US output
Mon, 04 Mar 2013 09:06:04 GMT
Energy futures ended the week in the red territory on concerns over global demand prospects amid weak PMI reading in China and political turmoil in Italy. Also weighing on prices >>
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Industrial Metals
Mon, 04 Mar 2013 08:55:02 GMT
Industrial metals apart from nickel tumbled on Friday on weak PMI data
from the Eurozone and US. Final manufacturing PMI in the US reached 54.3
last month, compared to expectations >>
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Aluminum plunges on rising LME stockpiles
Mon, 04 Mar 2013 08:44:04 GMT
Industrial metals apart from nickel tumbled on Friday on weak PMI data from the Eurozone and US. Final manufacturing PMI in the US reached 54.3 last month, compared to expectations >>
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Precious Metals
Mon, 04 Mar 2013 08:33:02 GMT
Precious metals except for silver moved lower on Friday on renewed
concerns that the Fed may end its growth-boosting activities
sooner-than-expected amid upbeat US data. Moreover, worries over
political instability >>
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Gold slides on US monetary policy uncertainty
Mon, 04 Mar 2013 08:22:07 GMT
Precious metals except for silver moved lower on Friday on renewed concerns that the Fed may end its growth-boosting activities sooner-than-expected amid upbeat US data. Moreover, worries over political instability >>
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Rupiah declines the most since February after inflation report
Mon, 04 Mar 2013 08:12:03 GMT
Indonesia's currency fell the most in almost 3 weeks as data showed inflation unexpectedly rose. The Rupiah weakened 0.3% to 9,704 per U.S. Dollar at 9:12 a.m. in Jakarta, the >>
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Asian shares decline as China tightens mortgage rules
Mon, 04 Mar 2013 08:01:04 GMT
Asian shares fell, with the regional benchmark index set for the second day of drop, as China tighten mortgage rules in order to cool the property market. The MSCI Asia >>
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