Greek deal on- deal off weighs heavy on markets
Jun 25, 2015 09:14 am UTC| Insights & Views
Traders all over the world remains edgy as Greece and Euro zone policymakers move between Deal on/Deal off sentiment. Market is still hoping for a last minute rescue resolution, however mood has soured completely....
Guide to today’s important data and events
Jun 25, 2015 08:36 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated are high. Data released so far - Germany - GFK consumer confidence came at 10.1, lower than prior 10.2 Upcoming - Euro zone - Euro group...
FxWirePro: EUR/USD gamma straddles worth buying on verge of lingering Greece turmoil
Jun 25, 2015 08:27 am UTC| Insights & Views
As stated in our recent posts also we reiterate on medium term perspectives, Euro trading against dollar would see a high volatility amid Greece negotiations boiling around the corner.EUR/USD needs a break above 1.1468 to...
FxWirePro: Variable ratio write for AUD/USD outright holders
Jun 25, 2015 07:41 am UTC| Insights & Views
Currency Option Insights: AUD/USDLets suppose US importer having FX payable exposure in AUD and he has those many Aussie dollars.Further he is anticipating to Aussie dollar to depreciate in future then hes advised to write...
Inverted hammer on AUD/USD; Aussie dollar still a sell against USD
Jun 25, 2015 07:34 am UTC| Insights & Views
We expect personal spending in US to have finally rebounded in May (+0.8% MoM) on the back of higher auto sales and a solid increase in retail sales. This would mark the largest sequential gain in spending since March...
FxWirePro: hedge EUR/JPY downside risks through diagonal bear spreads
Jun 25, 2015 06:07 am UTC| Insights & Views
Currency Option Insights: EUR/JPY1.6 billion debt defaults mounting Grexit pressure and we continue to recommend below strategy on hedging grounds, the pair is likely to sense little bearish downside risks, so in order to...
€1.6 billion debt default spurs Grexit pressure
Jun 25, 2015 06:03 am UTC| Insights & Views
No agreement has been made in the Euro group meeting as the creditors rejected the Greek governments proposal.The Euro group convenes today at1PM CETin the hope of an agreement.However, the discussions might well...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects