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  • Squawk / 20 minutes ago
    Head of Commodity Strategy / Saxo Bank
    Gold having another go to the upside after weak US Consumer Confidence data. Now testing buying appetite above old resistance at $1209. Silver once again running ahead, now testing resistance at $16.65
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  • Calendar event / 1 hour ago

    S&P / Case-Shiller Home Price Index

    Med 10-city Index, M/M
    Med 10-city Index, Y/Y
    Med 20-city Index, M/M
    Med 20-city Index, Y/Y
    Med National M/M
    Med National Y/Y
  • Editor’s Picks / 1 hour ago

    Why investors are losing faith in Turkey

    A darling of the mid-2000s investment landscape, Turkey under president Recip Tayyip Erdogan was a country that promised robust growth. This picture, however, is beginning to fall apart. According to Bloomberg, "Turkey is simultaneously suffering from slowing economic growth, declining bond and stock markets, a currency that's performing abysmally, and the perception that its credit is deteriorating". With confidence in Erdogan's regime on the wane, investors are starting to look elsewhere for the solid growth once associated with Ankara. "No doubt there are worse places to invest", says Bloomberg's Matthew Winkler, "but not many".
    Read article on Bloomberg
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  • Article / 1 hour ago

    #Election2015: GBPUSD will fall hard after UK election

    Head of FX Strategy / Saxo Bank
    #Election2015: GBPUSD will fall hard after UK election
    GBP has been flying high ahead of the UK election on May 7 while the USD has been on the defensive. But uncertainty about the make up of the next government, coupled with concerns about the hole in Britain’s finances means GBPUSD may eventually decline back to the sub-1.4600 April lows and far beyond by year-end.
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  • Squawk / 1 hour ago
    Currency Analyst / REA FX
    Aussie will be a very good position to sell, i have resistance at 0.7970-0.7998. i have short from 0.7965, SL 65pips, TP 120pip.
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