Hedge funds and large investors sliced their long exposure to commodity futures and options by 309,000 lots to 960,000 lots on the week as the deleveraging continues. This was the biggest reduction in...
A sea of red in the stock markets this morning after reports Greece once again failed to live up to its financial targets reporting a budget deficit of 8.5 percent against 7.5 percent targeted. ...
Over the weekend, China released its official manufacturing PMI data for September and the positive mood carried forward from Friday’s release of Chicago PMI data continued. China reported the ...
The July 21 changes to the European Financial Stability Facility are now ratified in most Eurozone countries with the key being Germany's - unsurprising - approval yesterday and the policymakers can ...
Asian activity mixed, data perhaps not quite so encouraging at month-endA busy data session in Asia kicked off with a sharp fall in Japan’s manufacturing PMI reading for September (down to 49.3 ...
Global markets suffered serious setbacks during September as investors’ nerves were tested on numerous occasions. Hopes are now pinned on the fourth quarter which historically tends to support ...
This week has seen volatilities trading lower in most currency pairs. One-month EURUSD vols are down 1.6 since last Friday and one-year is down 0.7. Risk Reversals have eased as well with one-month ...
Germany to ratify EFSF: The EFSF battle continues today in Germany. Yesterday Finland ratified the July 21 changes to the EFSF without a problem. Earlier in the week Slovenia also gave its thumbs up ...
With the negative mood overriding all others at the Asian open, traders were willing to push risk currencies lower especially when precious/base metals started to tumble early-on (copper futures down ...
The past week in metals has been one for the record books. Silver dropped by 34 percent in a matter of days, its sharpest drop in 30 years. Gold meanwhile corrected by 20 percent from its peak, which ...