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Monthly archive February, 2016

Bank of Canada Expectations Ushers CAD To Top Spot in G10

Bank of Canada Expectations Ushers CAD To Top Spot in G10
Fundamental Forecast for CAD: Neutral Canadian Dollar is Strongest in G10 This Week As Bank of Canada Sharp move in Canadian Dollar positioning warns that Read More →

Brexit: A Collision of Cable, Sovereign Credit, and PM David Cameron

What You Need To Understand: The stakes are high, yet the explicit implications are unclear. A vote is to be cast by the electorate of the United Kingdom whether or not to remain a member of the European Union. The majority Read More →

Gold Prices Shine When Central Bankers Scurry into Action

Talking Points: -An upcoming G20 meeting in Shanghai over the weekend appears to have stoked hope for Central Banks to discuss fiscal growth strategies. - Chinese regulators provided hints of upcoming stimulus: Governor Zhou Xiaochuan has said that ‘China still has some Read More →

EUR/USD to Extend Losses on Upbeat U.S. Durable Goods Report

- U.S. Durable Goods Orders to Pick Up for First Time in Three-Months. - Non-Defense Capital Goods Orders ex Aircrafts to Rebound 1.0% After Contracting 4.3% in December. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. Durable Read More →

Copper, Gold Hold before G20; Oil Firms as Gasoline Stock Drops

Talking Points: Gold sustained upward progression amid volatile swings in market Oil held out on the back of falling gasoline and distillate stockpiles Copper retained gains as expectation built ahead of G20 summit in Shanghai Prior to a G20 summit in Shanghai on February Read More →

Euro, British Pound May Overlook Revised CPI and GDP Data

Talking Points: Euro, British Pound likely to overlook revised EZ CPI and UK GDP data US Dollar eyeing Fed-speak as speculation on likely rates path continues Australian Dollar declines as soft 4Q capex report fuels RBA easing bets A revised set of fourth-quarter UK Read More →