Jun 12, 2015 16:24 pm UTC| Insights & Views
Energy pack is having a bad day. Weekly performance at a glance in chart table. Oil (WTI) - WTI dropped lower high today, again moved away once more from the doji high. Todays range $60.6 -59.7. Target for the...
Jun 12, 2015 16:00 pm UTC| Insights & Views
Equities are trading in red as FED decision approaches. Performance this week at a glance in chart table - SP 500 - SP has broken below 2100 mark. Todays range 2111-2091. Producer price index grew 0.5% m/m in...
Commodities snapshot (precious & industrial)
Jun 12, 2015 15:35 pm UTC| Insights & Views
Metals are lacklustre despite weakness in Dollar. Performance this week at a glance in chart table - Gold - Gold faced selloff from around $1185 area. Todays range - $1185 - $1176 Gold might reach $1152 area, since...
Currency snapshot (commodity pairs)
Jun 12, 2015 15:21 pm UTC| Insights & Views
Dollar index trading at 94.86 (-0.24%) Strength meter (today so far) - Aussie -0.14%, Kiwi -0.45%, Loonie -0.10%. Strength meter (since last week) - Aussie +1.63%, Kiwi -0.80%, Loonie +1.07%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 12, 2015 15:01 pm UTC| Insights & Views
Dollar index trading at 95 (-0.11%). Strength meter (today so far) - Euro +0.02%, Franc +0.77%, Yen +0.20%, GBP +0.20% Strength meter (since last week) - Euro +1.31%, Franc +1.36%, Yen +1.80%, GBP +2.00% EUR/USD...
Chinese stock frenzy sees rush of new investors
Jun 12, 2015 14:14 pm UTC| Insights & Views
Local investors are pouring into Chinese stock market as the index has broken above 5000 mark. An Interesting photograph came to notice, a seller while selling banana in his wooden curt is keeping a small laptop open...
Japanese investors sell big in European bond rout
Jun 12, 2015 13:45 pm UTC| Insights & Views
Japanese investors who were directing funds towards European bonds seem to have taken the reverse course as early as in April. In first quarter of 2015, Japanese investors bought 5.64 trillion of foreign bonds. This was...
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