Commodities snapshot (energy)

Jun 28, 2016 11:49 am UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) : WTI is up today, riding on risk affinity. Todays range $47.7 -46.5 WTI is currently trading at...

Commodities snapshot (precious & industrial)

Jun 28, 2016 11:39 am UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is down sharply as risk affinity beats aversion. Todays range $1326-1305 Gold is currently trading at $1310/troy ounce....

Briferendum Series

UK’s Osborne assures of contingency plan to deal with market volatility

Jun 28, 2016 11:35 am UTC| Commentary Economy

The United Kingdoms Chancellor Osborne has reassured the public that robust contingency plans have been put in place to deal with any potential fallout and address any market volatility that is expected to persist for some...

US first quarter GDP preview

Jun 28, 2016 11:29 am UTC| Commentary

Today final reading of U.S. first-quarter GDP will be released at 12:30 GMT. After the United Kingdom voted in favor of leaving the Union, thefocus has shifted to politics in Europe and widely away from central bank...

Bank of Spain projects national growth to slow in Q2

Jun 28, 2016 11:07 am UTC| Commentary Economy

The Spanish economy is expected to witness a slowdown in the second quarter of this year in terms of growth, as predicted by the Bank of Spain Tuesday. It expected the Spainishgrowth to have eased, and that it was still...

FX Hedging Strategy Series

What do major investment banks and hedge funds say about Brexit catastrophic effects?

Jun 28, 2016 11:05 am UTC| Insights & Views Commentary

The global recession that began in 2008 was bad around the world, but it was much worse in countries that had adopted Europes common currency, the euro. The unemployment rate shot up above 20 pct in countries like Greece...

Brazil’s jobless rate likely to have increased in May

Jun 28, 2016 11:03 am UTC| Commentary Economy

Brazils jobless rate is expected to have increased in May. According to a Societe Generales research note, the IBGEs PNAD survey is expected to indicate that the jobless rate grew to 11.4 percent in May from Aprils 11.2...