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  • Editor’s Picks / 25 minutes ago

    PBoC governor downplays forex fears

    China’s central bank governor downplayed concerns over China’s falling foreign reserves and said he saw no basis for continuing depreciation in the renminbi — comments that could calm mainland markets when they reopen on Monday after a week-long hiatus that saw upheaval in global markets. Patti Waldmeir writes in an interview published over the weekend in Caixin, the mainland financial magazine, Zhou Xiaochuan, governor of the People’s Bank of China, chose a critical moment to speak up to clarify Beijing’s exchange rate strategy, local analysts said. In the interview, Mr Zhou dismissed speculation that Beijing would tighten capital controls.
    Read article on CNBC
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  • 2d
    Michael O'Neill Michael O'Neill
    Heres the latest USDCAD forecastz
    John Shaw John  Shaw
    Interesting that Credit Suisse, ING and JP Morgan have it much higher than the others.
    How accurate are these guys Mike in their forecasting?
    Michael O'Neill Michael O'Neill
    They are just as good as you ☺
  • 1d
    Legendoski Legendoski
    @USD/JPY ...from my technical point of view, I will have think now is the best time to position in favor of the JPY. We should see further...
    Stephen Pope Stephen Pope

    I find trying to gauge short-term technical targets at the moment is a fruitless exercise. What I am looking at is broader direction.

    The time based technicals are...
    Stephen Pope Stephen Pope
    Dear Legendoski,

    USDJPY closed at 113.22 on Friday.

    Technical s are muddled with very short-term levels calling for a sell, 15 mins is neutral 30 mins to...
  • Article / Friday at 13:11 GMT

    Only real rates are the real thing

    Only real rates are the real thing
    Saving for the future (such as for the time you're on the pension) is often done with a certain purchasing power in mind. When anticipating it, not only the nominal rate of return of an investment is important, but also inflation. Both are uncertain and impossible to accurately predict. Here we take a look at past inflation rates and what real rates of return occurred.
    Read the article
  • Article / Friday at 12:05 GMT

    Russia squeezed even if Urals oil bounces to $40/b

    Russia oil and gas expert
    United Kingdom
    Russia squeezed even if Urals oil bounces to $40/b
    Russia's budget projections for 2016 and 2017 are based on an average Urals oil price of $40/barrel and a widening budget deficit. Even with that apparently optimistic scenario for oil, the Russian government would need to borrow extensively, keep the rouble weak, and hope for the better.
    Read the article
    fxtime fxtime
    One boon for Russia however is the current rally in gold values. A very short term measure for them though.
  • Trade view / Friday at 11:56 GMT
    Medium term

    Bank of America could be ripe for a bounce

    Trader /
    United States
    Bank stocks in Europe and the US are getting whacked, and the downward pressure grew this week. While medium-term problems for banks persist, the active investor and trader can find juicy opportunities in financial-sector shares, such as Bank of America.
    Read the Trade View
  • 2d
    Simon Kjaer Simon Kjaer
    Not saying I disagree, but if your house is on fire, you're not standing there looking at the flames thinking "Wow, the new house I'm gonna build...
    leeA leeA
    To continue with the house fire analogy: last time it was on fire was pretty bad and shouldve been knocked down/ rebuilt. Instead central banks glossed over...