Why recovery in Nickel price won’t be easy to come by?
Sep 11, 2015 09:08 am UTC| Insights & Views
Nickel price was trading around $50,000/ton before financial crisis and after six years from the crisis and so much of stimulus from global central banks, Nickel is hovering around $10,000/ton. Nickel price will not be...
Sep 11, 2015 07:44 am UTC| Insights & Views
We anticipate the Yen would continue to gain in future although upswings for the moment are rallying on this pair but any abrupt swings may turn adversely as we think todays upswing is not that robust and long lasting, so...
Guide to today’s important data and events
Sep 11, 2015 05:53 am UTC| Insights & Views
Not many economic dockets scheduled for today, all with low to medium risks associated. Upcoming - Germany - Consumer price index to be released at 6:00 GMT. No major impact expected over Euro, might generate...
Commodities snapshot (precious & industrial)
Sep 10, 2015 18:42 pm UTC| Insights & Views
Metal pack is trading in green today. Performance this week at a glance in chart table - Gold - Gold is marginally up from support around $1100 area. Todays range - $1115-$1103 Sell gold with target around $1070 area...
Sep 10, 2015 17:42 pm UTC| Insights & Views
Energy pack is in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is recovering from yesterdays loss. Todays range $46-43.3 WTI is currently trading at $45.6/barrel. Immediate support lies...
Currency snapshot (commodity pairs)
Sep 10, 2015 17:30 pm UTC| Insights & Views
Dollar index trading at 95.54 (-0.42%) Strength meter (today so far) - Aussie +1.66%, Kiwi +0.61%, Loonie +0.55%. Strength meter (since last week) - Aussie +2.36%, Kiwi +0.35%, Loonie +0.50%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Sep 10, 2015 17:18 pm UTC| Insights & Views
Dollar index trading at 95.60 (-0.36%). Strength meter (today so far) - Euro +0.48%, Franc +0.30%, Yen -0.27%, GBP +0.55% Strength meter (since last week) - Euro +1.15%, Franc -0.06%, Yen -1.29%, GBP +1.81% EUR/USD...