Commodities snapshot (precious & industrial)

Jul 12, 2016 09:25 am UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is marginally higher riding on weak dollar but getting hindered by rising equities. Todays range $1351-1358 We expect gold...

Currency snapshot (major pairs)

Jul 12, 2016 09:19 am UTC| Commentary

Dollar index trading at 96.59 (+0.25%) Strength meter (today so far) Euro +0.52%, Franc +0.32%, Yen -0.60%, GBP +1.31% Strength meter (since last week) Euro +0.58%, Franc +0.18%, Yen -3.03%, GBP +1.64% EUR/USD...

FxWirePro: Buy natural gas at dips; target $4.3 per MMbtu

Jul 12, 2016 08:06 am UTC| Commentary

For past few years, there has been a sharp shift in theglobal energy market. De-carbonization, a trend which has been prevalent for years but accelerated only in the past few and will continue to do so as the developed...

Indian bonds gain ahead of inflation data; anticipation of pro-markets RBI boss lifts sentiments

Jul 12, 2016 07:52 am UTC| Commentary

The Indian government bonds gained on Tuesday as investors expect lower consumer inflation figure in June, which will provide support to the central bank for further monetary easing in the upcoming monetary policy...

Italy’s and Spain’s final HICP inflation in June likely stayed same as flash estimate

Jul 12, 2016 07:47 am UTC| Commentary Economy

Italys final HICP (Harmonised Index of Consumer Prices) inflation for June is likely to show no change from its flash estimate. The final HICP inflation is expected to confirm the flash reading of -0.3 percent year-on-year...

Inflation expectations edge lower in Japan, according to a central bank survey

Jul 12, 2016 07:45 am UTC| Commentary Economy

Inflation expectations by households in Japan hit lowest since the Bank of Japan adopted its massive stimulus program in 2013, a quarterly central bank survey showed, keeping alive expectations of more monetary...

Brazilian economy unlikely to expand in near term; to remain in recession throughout 2016

Jul 12, 2016 07:24 am UTC| Commentary Economy

The Brazilian economy is not expected to expand in the near term and is likely to keep shrinking throughout 2016, noted Societe Generale in a research report. In the first quarter of 2016, the Brazilian economic activity...