With resignations looing, Tsipras team likely to camp tough in favor of NO
Jul 02, 2015 13:28 pm UTC| Insights & Views
Greek finance minister Yanis Varoufakis said that he would resign if people choose Yes to accept the lenders proposals. Mr. Varoufakis went as far as saying that he would cut off his arm before signing the accord. Greek...
FxWirePro: Trade US NFP using USD/CAD covered straddles
Jul 02, 2015 12:57 pm UTC| Insights & Views
Todays US key data (Unemployment claims) release for June has been flashed at 5.3% which is almost in line with streets expectation at 5.4% but little poor. But we reckon this as not a drastic market mover for loonie as...
Copper seems ready to fall further
Jul 02, 2015 12:21 pm UTC| Insights & Views
Copper is likely to drop further as supply demand remains dismal in the market. Copper is currently trading at $2.62/pound. A drop towards $2.4 area seems very likely as of now. Technically speaking copper bounces from...
Poll says no to creditors’ proposals
Jul 02, 2015 11:51 am UTC| Insights & Views
Out of the blue, July 5th turned out to be the most important day for Euro zone as well as European Union as Greeks will be voting to whether or not accept creditors proposal. The voting may be on proposals, however...
FxWirePro: Bearish trend persists in US crude; short crude futures for TP at 55
Jul 02, 2015 11:39 am UTC| Insights & Views
Technical glimpse:We reiterate the downtrend for crude is not only in major trend but also the short medium trends downtrend are intact as the hanging man pattern which was occurred at 60.30 levels at the end of May...
FxWirePro: Buy WTI oil binary calls for targets at 57.40; but PRBS hedges potential downtrend
Jul 02, 2015 11:02 am UTC| Insights & Views
Crude Derivatives Insights:Although the major trend being downtrend, today we may expect little recovery in crude prices, we advise to use this as a means of swing trading with the help of WTI binary delta calls for a...
Today’s non-farm a make or break event for Aussie
Jul 02, 2015 10:51 am UTC| Insights & Views
Todays non-farm payroll report from US is very vital for the Aussie dollar pair, which as of now stands very close to key support level, which held strong for first half of the year and seen as last one standing in front...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight