Author: FX_Trdr

Harvard-educated P Chidambaram is struggling to reverse India’s economic slide. But in a volatile political environment, can policymakers really ride to the rescue? Tara Joseph reports.

The world’s premiere sailing race starts next month in San Francisco. But as AP’s Haven Daley reports, concerns about the America’s Cup include small crowds and a fatal accident which has some wondering if the high-tech boats are too dangerous. (Aug. 27)

Greece’s finance minister told reporters the nation might need a third bailout from international lenders.

Two men have been charged by New York prosecutors with stealing secret computer code from a high-frequency trading firm in an effort to start their own business.

Americans are spending enough to keep the economy rolling, but don’t expect them to splurge unless their paychecks start to grow. Neil Shah reports on the News Hub. Photo: Getty Images.

A year after Hurricane Isaac flooded coastal Louisiana and Mississippi, residents Braithwaite are in limbo. Braithwaite sits outside of the floodwalls built post-Hurricane Katrina, leaving many residents facing prohibitive flood insurance costs. (Aug. 26)

Justin Timberlake wins video of the year, reunites with ‘N Sync at the MTV Video Music Awards, while Miley Cyrus gets provocative and Taylor Swift shows her mean streak. (26 Aug.)

The Post’s David Fahrenthold examines the amount of federal spending, workers, rules and buildings over the years.

Emerging market nations can be adversely affected by large swings in investment, and must therefore develop tools to control credit flows or risk relinquishing any independent monetary policy. That was the finding of a paper presented at the Kansas City Federal Reserve’s monetary policy symposium at Jackson Hole, which highlighted the global impact of the unconventional monetary policy of the United States and other major central banks.

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and speculators reduced their bearish positions last week for 10-year treasury notes in the futures markets after pushing 10-year notes to their most bearish position of 2013 the previous week. 10-year treasury non-commercial contracts totaled a net position of -24,840 contracts in the data reported for August 20th. This is an improvement of +41,592 contracts from the previous week’s total of -66,432 net contracts on August 13th. In the same time-frame, the yield on the 10 Year treasury note rose from 2.71 on Tuesday August 13th to 2.82 on Tuesday August 20th, according to US Treasury data.

Last 6 Weeks of Large Trader Positions

*COT explanation: The weekly cot report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Article by CountingPips.com – Forex News & Market Analysis