Currency snapshot (major pairs)
Jun 25, 2015 16:31 pm UTC| Insights & Views
Dollar index trading at 95.24 (-0.03%). Strength meter (today so far) - Euro -0.06%, Franc -0.28%, Yen +0.18%, GBP +0.14% Strength meter (since last week) - Euro -1.28%, Franc -2.01%, Yen -0.80%, GBP -0.91% EUR/USD...
Commodities snapshot (precious & industrial)
Jun 25, 2015 16:11 pm UTC| Insights & Views
Metals pack is down today as dollar bounced back somewhat. Performance this week at a glance in chart table - Gold - Gold is treading water around $1170 area. Todays range $1178-1171. Gold failed to push on risk...
Jun 25, 2015 15:51 pm UTC| Insights & Views
Energy pack is down mixed today as oil is down and as is up. Weekly performance at a glance in chart table. Oil (WTI) - WTI dropped further today as dollar remains relatively stronger. Todays range...
Greece is lesser threat to European banks now than in 2010
Jun 25, 2015 14:48 pm UTC| Insights & Views
A default or GREXIT in 2010 would have caused havoc and pan European banking failure but that risk is much contained now according to latest report from Bank of America Merry Lynch. Official sectors now stands as the...
Bulls return to push natural gas higher
Jun 25, 2015 14:22 pm UTC| Insights & Views
Bulls seems to have returned once again after they given up around $2.95/mmbtu area. Two weeks back natural gas bulls tried to break free of $2.95 resistance but retreated when 5 daily attempts failed. Now they seem to...
Pound likely to drop against dollar
Jun 25, 2015 13:48 pm UTC| Insights & Views
As Greek drama would settle down by next week, dollar is likely to gain back its lost groove over monetary policy divergence, however it is at crucial resistance against major counterparts. Dollar index, which is value of...
Real at threat as unemployment breaks reaches 5 year high
Jun 25, 2015 13:42 pm UTC| Insights & Views
The gloomy outlook continues in Brazil. Unemployment in Latin Americas largest economy has rose to 5 year high as it reached 6.7% in May. Unemployment rose for fifth consecutive month and up from 6.4% in April, beating...
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