Quiet economic calendar thrusts “Fed Speak” into limelight

A quiet economic calendar in European and US trading hours puts the spotlight on the “Fed-speak” calendar, with comments from FOMC policymaker Richard Fisher in focus[...]
February 21, 2014/by ChatsworthCommunications

Chinese and European manufacturing figures deflate optimism in global markets

“Optimism in global markets took a dent overnight as both Chinese and European PMI manufacturing figures disappointed, underscoring the rising concerns of a more concerted global slowdown. Global growth concerns couldn’t be coming at a worse time, when the US economy has undergone a series of disappointing data across all major points as the Federal Reserve winds down its stimulus program[...]
February 20, 2014/by ChatsworthCommunications

SuperDerivatives to provide volatility data for NYSE Liffe

Derivatives technology and trade execution provider SuperDerivatives will provide volatility data to European derivatives exchange NYSE Liffe...
February 20, 2014/by ChatsworthCommunications

Eyes turn to the Bank of England’s policy meeting

“UK event risk headlines the docket in European hours today with minutes from this month’s Bank of England policy meeting and January’s Jobless Claims data on tap. Traders will look to the former release to help further illuminate the discussion about the evolution of the MPC’s forward-guidance regime[...]
February 19, 2014/by ChatsworthCommunications

The EUR/USD peaks as weight of deflation subsides

"The EURUSD has streaked back to its late-January highs as the weight of deflation talk has subsided once more. Not surprisingly, the more aggressive dovish commentary in recent weeks has come from France, a country with a declining rate of export growth over the past three-plus years[...]
February 18, 2014/by ChatsworthCommunications

GBP/USD’s impressive run stalls as investors take profits

"The GBPUSD’s impressive run may be hitting a near-term resting point as the conflux of several key levels offers a point of reference for longer-term buyers to take profit at as well as for short-term sellers to trade against.
February 17, 2014/by ChatsworthCommunications

CLS monthly settlement figures, January 2014

Total Input Volumes1 and Values in January 2014:
February 17, 2014/by ChatsworthCommunications

Richard E Grant joins the cast of Downton Abbey



Richard E. Grant, Chatsworth’s cover star,…
February 14, 2014/by ChatsworthCommunications

Dollar pain trade goes on

"‘The year of the US Dollar’ might be an appropriate summary for the consensus estimate on the street for which currency would be the top performer in 2014 [...]
February 14, 2014/by ChatsworthCommunications

GBP/USD rally may not be finished yet

"Retail forex crowd positioning in GBPUSD may be the clearest example of emotions dictating trading decisions, rather than objective analysis, that we’ve noted to date. The GBPUSD recently broke the downtrend from the late-January highs, and retail traders, who were already short, chose to double down: they stepped up their shorts to their highest level since 2002. [...]
February 13, 2014/by ChatsworthCommunications

ParFX adds Citi and JP Morgan as founding members

Citi and JP Morgan have joined ParFX as founding members, the trading venue said on Wednesday, taking the number of core members to 14 and bringing the company closer to introducing prime brokerage clients in the coming months[...]
February 12, 2014/by ChatsworthCommunications

ITN interview with CLS

ITN interview with CLS for the British Bankers Association
February 7, 2014/by ChatsworthCommunications

Euro Stagnation May Finally End if CPI Rebound Confirms Data Upswing

The fundamental backdrop for Euro-Zone economic data is improving, and that yields potential for a breakout by the Euro if the incoming inflation data confirms the broader upswing
April 28, 2014/by ChatsworthCommunications

BoE Minutes and Eurozone PMI Figures Come Into Focus

April’s preliminary set of Eurozone PMI figures headlines the calendar in European hours. Consensus forecasts point to a slight slowdown in manufacturing- and service-sector growth compared with March, with the region-wide Composite PMI gauge hitting the lowest level in three months at 53.0.
April 23, 2014/by ChatsworthCommunications

US Dollar Rebound After Easter Week? Watch Yields

Christopher Vecchio, Currency Analyst at DailyFX, comments:


April 17, 2014/by ChatsworthCommunications

Pound to Look Past Jobless Claims Data, Dollar Eyes Fed Beige Book

Consensus forecasts are pointing to a 30k decline in applications for unemployment benefits. Such an outcome would fall in line with the 12-month trend average (-30.3k), offering little impetus for traders to reshape their Bank of England policy bets following the release.
April 16, 2014/by ChatsworthCommunications

Stronger CPI Overshadowed by Russian Threats

Evidence is gathering that the US consumer started to wake up alongside the weather warming up, but optimism over improved growth prospects for the world’s largest economy have had little if any of a reverberating impact in FX the past two days.
April 15, 2014/by ChatsworthCommunications

US Retail Sales Report Expected to Show Largest Monthly Increase Since 2012

The Euro came under pressure to start the trading week, hobbled by comments by ECB President Mario Draghi and Executive Board member Benoit Coeure.
April 14, 2014/by ChatsworthCommunications

CLS Settlement Service and Aggregation Service Data: Monthly Volumes and Values, March 2014

CLS Settlement Service and Aggregation Service Data: Monthly Volumes and Values, March 2014
April 10, 2014/by ChatsworthCommunications

European Trade Figures Expected to Show Improvement

The spotlight is on the release of minutes from the March 18-19 FOMC meeting in the hours ahead. That sit-down produced a notably hawkish shift in the central bank’s rhetoric and traders will be keen to parse through the conversation underlying policymakers’ confidence.
April 9, 2014/by ChatsworthCommunications

ECB Sets Table for Lower Euro Prices – Here’s How

"The European Central Bank’s (ECB) patience with the region’s lacklustre recovery may be running out, if one is to believe the rhetoric deployed by President Mario Draghi at the April press conference.
April 7, 2014/by ChatsworthCommunications

High Frequency Trading – Trading Investigation

The publication of Michael Lewis’s Flash Boys: A Wall Street Revolt has fuelled the debate surrounding the legitimacy of HFT in the market
April 6, 2014/by ChatsworthCommunications

How the Industry sees “Flash Boys”

Michael Lewis, author of Liar’s Poker and The Big Short, has kicked off a storm with his new book, Flash Boys, which argues that the US equity market is rigged by high frequency traders (HFT)
April 5, 2014/by ChatsworthCommunications

Draghi Does His Best to Talk Down EUR

Mr. Draghi remained upbeat at the April ECB meeting press conference once more and remained confident in regards to increasing price levels closer to the 2% target over the coming months and years. Nevertheless, the central bank head did comment on possible moves by the ECB to engage in QE measures if they were absolutely needed.
April 3, 2014/by ChatsworthCommunications