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European Market Update: Early risk appetite fades following unexpectedly decline in German IFO data; BOE sees merits of increasing scale of asset purchases program further and continues to talk down the GBP currency

Mixed trading in Asia and the US failed to dampen initial risk attuned trade in Europe. Earnings provided some support with quarterly results from two premier European brewers, Heineken [HEIA.NV] and Carlsberg [CARLB.DE] shaking off concerns ov...

Mixed trading in Asia and the US failed to dampen initial risk attuned trade in Europe. Earnings provided some support with quarterly results from two premier European brewers, Heineken [HEIA.NV] and Carlsberg [CARLB.DE] shaking off concerns ov...

KBC: Zloty stays below 4.00 EUR/PLN and may prepare for short term rally

The Hungarian forint started the week in a positive mood as the pair ranged between 270.00 and 271.00 during the day. The forint didn#8217;t even weaken after the central bank announced another 25bps cut to 5.75%. The generally appreciating trend of ......

The Hungarian forint started the week in a positive mood as the pair ranged between 270.00 and 271.00 during the day. The forint didn#8217;t even weaken after the central bank announced another 25bps cut to 5.75%. The generally appreciating trend of ......

BFI: Currency market commentary

EURUSD In case the pair manages to climb above 1,3670 further gains are expected at first to the level of 1,3710 what may be followed by a jump even to the area 1,3780. Otherwise retreat below 1,3620 may initiate drops leading to 1,3570 and further ......

EURUSD In case the pair manages to climb above 1,3670 further gains are expected at first to the level of 1,3710 what may be followed by a jump even to the area 1,3780. Otherwise retreat below 1,3620 may initiate drops leading to 1,3570 and further ......

DAILY FOREX AND DOW JONES RECOMMENDED LEVELS

EUR/USD Today#8217;s support: - 1.3566 and 1.3530(main), where correction is possible. Break would give 1.3501, where correction also may be. Then follows 1.3472. Break of the latter would result in 1.3457. If a strong impulse, we would see ......

EUR/USD Today#8217;s support: - 1.3566 and 1.3530(main), where correction is possible. Break would give 1.3501, where correction also may be. Then follows 1.3472. Break of the latter would result in 1.3457. If a strong impulse, we would see ......

Asian Market Update: Japan monthly report maintains economic assessment, but lowers view on exports; Chinese press sees slow 2010 CPI growth, cheers a cut in Treasury holdings

Asian equity markets are trading with a decidedly more cautious tone following strong gains in the prior session after the last hour selloff in the US indices to their lowest levels of the day. Sydney's SP/ASX traded down for much of the day but ......

Asian equity markets are trading with a decidedly more cautious tone following strong gains in the prior session after the last hour selloff in the US indices to their lowest levels of the day. Sydney's SP/ASX traded down for much of the day but ......

European Market Update: China reiterated its pledge to maintain moderately loose monetary policy and maintain proactive fiscal policy; Session risk appetite wanes as no concrete news emerges on Greek aid package

Despite a strong trading session in Asia, opening highs in Europe didn't last. Equities rolled over and turned negative within the first hour of trading. The motivations behind this move has been mixed but has been broadly in line with the expected ......

Despite a strong trading session in Asia, opening highs in Europe didn't last. Equities rolled over and turned negative within the first hour of trading. The motivations behind this move has been mixed but has been broadly in line with the expected ......

Futures Technical’s

SP 500 Futures: The target of 1103 was reached Thursday and extended towards 1110 this morning. Next resistance level is 1128 that we expect to see some sellers towards that level as this was the break down level for the drop to 1040. Good rally off tha...

SP 500 Futures: The target of 1103 was reached Thursday and extended towards 1110 this morning. Next resistance level is 1128 that we expect to see some sellers towards that level as this was the break down level for the drop to 1040. Good rally off tha...

KBC: Forint steady ahead of the MNB decision

The Hungarian forint finished the week in a good mood on the back of better equity market sentiment worldwide. The pair appreciated to 270.50 from 271.50 during the day and thus recovered quickly from the sharp drop to 272.00 on the night before, when the...

The Hungarian forint finished the week in a good mood on the back of better equity market sentiment worldwide. The pair appreciated to 270.50 from 271.50 during the day and thus recovered quickly from the sharp drop to 272.00 on the night before, when the...

BFI: Currency market commentary

EURUSD This pair is currently in its correction rebound from 1.3450 which may reach even 1.3410 where some shorts shall be considered but today we recommend to think about some longs from 1.3570 and we have to remember about 30 pips of stop loss ......

EURUSD This pair is currently in its correction rebound from 1.3450 which may reach even 1.3410 where some shorts shall be considered but today we recommend to think about some longs from 1.3570 and we have to remember about 30 pips of stop loss ......

Asian Market Update: Asian equities recover from Friday's losses as traders reevaluate the Fed's discount rate move

n the first trading session since the Lunar New Year holiday, the Shanghai Composite has swung between gains and losses as traders try to evaluate the Feb 12th decision by the PBOC to raise the reserve requirement by 50bps to 16.5%. The worst performers i...

n the first trading session since the Lunar New Year holiday, the Shanghai Composite has swung between gains and losses as traders try to evaluate the Feb 12th decision by the PBOC to raise the reserve requirement by 50bps to 16.5%. The worst performers i...

DAILY FOREX AND DOW JONES RECOMMENDED LEVELS

EUR/USD Today#8217;s support: - 1.3566 and 1.3530(main), where correction is possible. Break would give 1.3501, where correction also may be. Then follows 1.3472. Break of the latter would result in 1.3457. If a strong impulse, we would see ......

EUR/USD Today#8217;s support: - 1.3566 and 1.3530(main), where correction is possible. Break would give 1.3501, where correction also may be. Then follows 1.3472. Break of the latter would result in 1.3457. If a strong impulse, we would see ......

Barron's Summary: Cover story on top FA's in US, positive on WAG, HEIA.NV

Barron's looks at top 1,000 financial advisors in the US. Sees top US advisors as on average approx 51 years old with over 25 years industry experience. Barron's also points out that the best advisors are seen as loyal to their firms, with approx ......

Barron's looks at top 1,000 financial advisors in the US. Sees top US advisors as on average approx 51 years old with over 25 years industry experience. Barron's also points out that the best advisors are seen as loyal to their firms, with approx ......

Market Week Wrap-up

Markets temporarily put the of hubbub over Greece behind them this week, with equities and commodities steadily gaining strength thanks to a round of positive earnings reports and more less-bad economic data. Both US and Chinese markets were closed on Mon...

Markets temporarily put the of hubbub over Greece behind them this week, with equities and commodities steadily gaining strength thanks to a round of positive earnings reports and more less-bad economic data. Both US and Chinese markets were closed on Mon...

US Market Update: Dow +20 S&P +3 NASDAQ +3

The Fed's surprise discount rate hike briefly dampened a week-long equity market rally, but a lower NY open has brought in bids. Fed governors Bullard and Lockhart both spoke last night in an attempt to shape expectations reminding everyone that the ......

The Fed's surprise discount rate hike briefly dampened a week-long equity market rally, but a lower NY open has brought in bids. Fed governors Bullard and Lockhart both spoke last night in an attempt to shape expectations reminding everyone that the ......

KBC: Polish industrial production beats estimates on cars and electronics

The Czech koruna has held it gains as the lack of domestic news and still rather positive sentiment in CE markets supported the Czech currency. It was mainly large purchases from big foreign banks, which pushed the EUR/CZK pair to the 25.60 area. Hence, i...

The Czech koruna has held it gains as the lack of domestic news and still rather positive sentiment in CE markets supported the Czech currency. It was mainly large purchases from big foreign banks, which pushed the EUR/CZK pair to the 25.60 area. Hence, i...

Asian Market Update: Fed discount rate move weighs on risk appetite

Following the decision by the US Fed to raise its discount rate, 3 officials from the central bank made comments regarding the policy move, seemingly seeking to downplay expectations that the Fed funds rate will rise soon. Also, the Fed officials noted th...

Following the decision by the US Fed to raise its discount rate, 3 officials from the central bank made comments regarding the policy move, seemingly seeking to downplay expectations that the Fed funds rate will rise soon. Also, the Fed officials noted th...

DAILY FOREX AND DOW JONES RECOMMENDED LEVELS

EUR/USD Today#8217;s support: - 1.3429 and 1.3407(main), where correction is possible. Break would give 1.3390, where correction also may be. Then follows 1.3364. Break of the latter would result in 1.3322. If a strong impulse, we would see ......

EUR/USD Today#8217;s support: - 1.3429 and 1.3407(main), where correction is possible. Break would give 1.3390, where correction also may be. Then follows 1.3364. Break of the latter would result in 1.3322. If a strong impulse, we would see ......

Daily Market Commentary

The euro appreciated vis-#224;-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3645 level and was supported around the $1.3540 level. The common currency reversed course during the North American session and moved...

The euro appreciated vis-#224;-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3645 level and was supported around the $1.3540 level. The common currency reversed course during the North American session and moved...

US Market Update: Dow +28 S&P +1.9 NASDAQ +4

US equities opened basically flat after weekly claims data came in higher than expected and Wal-Mart's mixed earnings report. But the better than expected Philly Fed survey initially brought some bids into stocks as well as pushed Treasury yields ......

US equities opened basically flat after weekly claims data came in higher than expected and Wal-Mart's mixed earnings report. But the better than expected Philly Fed survey initially brought some bids into stocks as well as pushed Treasury yields ......

DailyFX: U.S. Dollar Extends Advance, British Pound Tumbles Lower as Public Finances Deteriorate

The British Pound tipped lower for the second day as the economic docket reinforced a weakened outlook for the economy, and we may see the exchange rate maintain the narrow range carried over from the previous week as the overnight decline appears to have...

The British Pound tipped lower for the second day as the economic docket reinforced a weakened outlook for the economy, and we may see the exchange rate maintain the narrow range carried over from the previous week as the overnight decline appears to have...