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Article / 21 minutes agoToday's Asian session saw the Shanghai Composite continue to saw at the wheel, with Saxo Bank fixed income head Simon Fasdal stating that more intervention from Beijing is likely on the cards.Read the article
Calendar event / 23 minutes ago
IT Consumer Confidence SurveypreviousforecastactualMed Consumer Conf Idx109.3109106.5
Calendar event / 23 minutes ago
IT Business Confidence SurveypreviousforecastactualMed Composite Idx104.7104.3Med Manufacturing Idx103.9103.7103.6
Calendar event / 53 minutes ago
SE Retail salespreviousforecastactualLow Retail Sales-Adj, M/M%-0.1%+0.5%+0.3%Low Retail Sales-Adj, Y/Y%+3.9%+3.4%+3.8%
Saxo TV / 1 hour ago
Fancy owning a little Ferrari?Serge BergerHow could you trade the upcoming Ferrari IPO? And would it be worth it? Trader, Serge Berger, gives his opinion.
Article / 1 hour ago
Saxo Trade Navigator: Tuesday July 28July 28, 2015: The Saxo Trade Navigator provides you with daily technical insight into a wide array of major instruments, ranging from FX to equities, commodities and bonds. With a host of various technical indicators such as pivot points, RSI and moving averages, the Saxo Trade Navigator can be used to spot daily trade ideas.Read the article
Squawk / 2 hours agoGold Future ($GC_F) Bear Trend Poised to Re-Energize
Despite the rebound effort, firm barriers remain intact and untested at 1105/1109 (as we expected), to leave the risks for a roll back lower on Tuesday to reinforce the Friday plunge.
Moreover, the plunge lower last week and and previous July losses with violations of long term supports at 1111 and 1100 leaves risk to still further long term support targets into latter July/ early August.
We see a downside bias for 1087; break here aims for key 1076/72.
But above 1105/09 opens risk up to 1118, which we would look to cap.
Short/ Intermediate-term Outlook - Downside Risks:
We now see a more negative tone with the bearish threat through 1080.
Below here targets 1045 and 1000.
What Changes This? Above 1188 signals a neutral tone, only shifting positive above 1204.5.
View the full Gold future report with screencasts, levels and more here http://ow.ly/Qa7Jn
See all our other reports here http://ow.ly/Hjazo
Article / 3 hours ago
3 Numbers: UK growth rebounds, US home prices, US services PMIThe UK’s gross domestic production is expected to have increased by 0.7% in the second quarter, which would indicate healthy year-on-year growth of 2.6%. That raises the probability of a rate hike later this year. In the US, home prices are on a nice rising trajectory, and the services sector outlook remains healthy.Read the article
Editor’s Picks / 4 hours ago
Baidu profit weighed down by offline mobile services pushReutersBaidu Inc's (BIDU.O) quarterly profit missed analysts' estimates as China's biggest internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive. Baidu's shares fell more than 8% in extended trading on Monday after the company's current-quarter revenue forecast also fell short of analysts' expectations. The Chinese company has been investing heavily to diversify away from its bread-and-butter search advertising business, which is less profitable on smartphones than on PCs, especially as there are more mobile internet users than PC users in the country.Read article on Reuters
Article / 6 hours ago
Today's Trade: China stockmarket tumble weighs on ASXThe 8.5% tumble in Chinese shares weighed heavily on sharemarkets and commodities overnight. Australian shares were impacted as well, and the S&P/ASX 200 headed for early decline. But the response has been measured so far.Read the article