Iran’s oil minister assures return to markets at OPEC summit
Jun 05, 2015 11:46 am UTC| Insights & Views
While traders have one question in mind that how much Iran can produce and export, if sanctions are removed in a final deal, OPEC is facing key challenge, how to accommodate Iranian exports if 30 million barrels/day...
US jobless claims to frame up fed rate hike decision
Jun 05, 2015 11:22 am UTC| Insights & Views
Fed Rate hike decision: The latest commentary from Fed officials have suggested that a June interest rate hike is now unlikely but a move in September remains on the cards providing the data shows economic growth...
Lira to embrace volatility as country goes to polls on Sunday
Jun 05, 2015 11:07 am UTC| Insights & Views
Turkey is going to polls this Sunday, which makes Turkish Lira, open for heavy volatility post weekend. As of latest poll, ruling AKP party, headed by President Erdogan is set to win Sundays election, however even if that...
Long Binary Vega 0.6 ATM calls EUR/USD until Jobless data on focus
Jun 05, 2015 11:03 am UTC| Insights & Views
Euro pushed higher against US dollar climbing above 1.13 levels as souring German bond yields provided support. Global bond yields broadly for third straight sessions.Draghi stated investor should get used to higher...
Euro zone cross country GDP not quite impressive yet
Jun 05, 2015 10:51 am UTC| Insights & Views
In spite of return of inflation and large scale jump in Markit PMI statistics, latest GDP statistics shows, there are still considerable slack remain across Euro zone countries and growth remains quite diverge. However,...
Jun 05, 2015 09:10 am UTC| Insights & Views
Today NFP report is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics. The...
Spinning top on GBP/USD indicates trend reversal, Add ATM calls on BCS
Jun 05, 2015 08:56 am UTC| Insights & Views
Technical updates:The currency cross has taken support and began bouncing back exactly at 100% retracement soon after breaching the lower channel line at 1.52 levels.As shown in the daily graph the pair had breached lower...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects