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EUR/USD orders

EUR/USD orders

21 minutes ago (Eamonn Sheridan)

Sellers  close to market at present from1.2850 and layered higher Buyers 1.2820 and down through 1.2680 … mingled with stops (growing in size) Currently 1.2846 »

China press report on “full-scale housing collapse in third-tier city”

China press report on “full-scale housing collapse in third-tier city”

31 minutes ago (Eamonn Sheridan)

Via MNI is this from the National Business Daily: A full-scale housing collapse in Handan, a third-tier city in Hebei province Developers lose access to funding Several developers have absconded while many projects have stopped mid-construction Funds were largely sourced … Continue reading ... »

AUD/USD & NZD/USD orders

AUD/USD & NZD/USD orders

45 minutes ago (Eamonn Sheridan)

AUD/USD Sellers 0.8950, 0.8980/0.9005, some stops above 00 Buyers 0.8920 extending down through 0.8900, with stops below the figure Currently 0.8934 - NZD/USD Sellers 0.8160 then 1.8180 through to 0.8240 Buyers at 0.8125/35 but larger at 00 then 0.8055/65. Stops … Continue reading → »

ECB President Draghi testifies to European Parliament’s economic and monetary committee on Monday

ECB President Draghi testifies to European Parliament’s economic and monetary committee on Monday

1:59am today (Eamonn Sheridan)

European Central Bank President Mario Draghi testifies to the European Parliament’s economic and monetary committee on Monday in Europe time. Its scheduled to begin at 1300GMT, so it’s a good long way away yet. Just a head’s up for it … Continue reading → »

Weekend Financial Times: “Japan signals second tax hike will go ahead”

Weekend Financial Times: “Japan signals second tax hike will go ahead”

1:05am today (Eamonn Sheridan)

From the FT over the weekend “Japan signals second tax hike will go ahead”, on an interview with Japan’s economy minister Amari. He said  said a “second increase in taxes was “necessary” to meet rising costs for social security and … Continue reading → »

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