Commodities snapshot (precious & industrial)
Jul 13, 2016 13:38 pm UTC| Commentary
Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is higher today riding on weak dollar. Todays range $1327-1344 We expect gold to reach $1520 Gold is currently trading at...
Jul 13, 2016 13:32 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down today after sharp rise yesterday as inventory hangover takes toll. Active call WTI is likely to drop...
Currency snapshot (commodity pairs)
Jul 13, 2016 13:26 pm UTC| Commentary
Dollar index trading at 96.35 (-0.16%) Strength meter (today so far) Aussie +0.42%, Kiwi +0.33%, Loonie +0.03% Strength meter (since last week) Aussie +0.94%, Kiwi +0.27%, Loonie -0.12% AUD/USD Trading at...
Currency snapshot (major pairs)
Jul 13, 2016 13:20 pm UTC| Commentary
Dollar index trading at 96.33 (-0.18%) Strength meter (today so far) Euro +0.24%, Franc +0.50%, Yen +0.13%, GBP -0.09% Strength meter (since last week) Euro +0.35%, Franc -0.12%, Yen -4.02%, GBP +2.47% EUR/USD...
South Africa’s retail sales beat expectations in May
Jul 13, 2016 13:02 pm UTC| Commentary
Retail sales in South Africa during the month of May jumped, beating market expectations and marking its strongest rise since early 2014 that signaled that the economy may be flipping back to track, after contracting in...
Canadian bonds rally as investors turn cautious ahead of BOC policy decision, weak crude
Jul 13, 2016 13:02 pm UTC| Commentary
The Canadian government bonds rallied on Wednesday as investors remained cautious ahead of the Bank of Canada monetary policy decision. Also, weak crude oil prices drove investors towards safe-haven buying. The yield on...
Brazilian real’s rally unlikely to sustain
Jul 13, 2016 13:01 pm UTC| Commentary
The Brazilian real has appreciated 20 percent against the US dollar so far in 2016. The strengthening of real is mainly due to the muted outlook of the US Feds interest rate and also due to markets pricing that the new...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level