Commodities snapshot (precious & industrial)
Jun 04, 2015 14:58 pm UTC| Insights & Views
Metals are the worst performer today. Performance this week at a glance in chart table - Gold - Gold broke below key support today, ahead of NFP Todays range $1186-1173. Gold is still breaking into new lows. Gold...
Currency snapshot (commodity pairs)
Jun 04, 2015 14:38 pm UTC| Insights & Views
Dollar index trading at 95.33 (-0.04%) Strength meter (today so far) - Aussie -1.06%, Kiwi -0.23%, Loonie -0.28%. Strength meter (since last week) - Aussie +0.67%, Kiwi +0.45%, Loonie -0.36%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 04, 2015 14:20 pm UTC| Insights & Views
Dollar index trading at 95.32 (-0.06%). Strength meter (today so far) - Euro +0.26%, Franc +0.17%, Yen -0.06%, GBP +0.34% Strength meter (since last week) - Euro +2.55%, Franc +0.65%, Yen -0.24%, GBP +0.50% EUR/USD...
Yen stuck in puzzling around economic corner; Write on call ratio of EUR/JPY
Jun 04, 2015 13:40 pm UTC| Insights & Views
The tepid moves from BoJ left policy stagnant at the late April meeting and there is quite sensible vision of more easing right now until the next projection update in October. Domestic data continue to point out little in...
Saudi Arabia raises selling price as OPEC meet approaches
Jun 04, 2015 13:20 pm UTC| Insights & Views
Saudi Arabia has raised July prices for its benchmark Arab, as OPEC oil ministers are set to meet in Vienna tomorrow. The price was raised for Asian buyers, which indicates that Saudi Arabia might be facing higher...
Rajan embarks on stiff policy moves in future
Jun 04, 2015 13:01 pm UTC| Insights & Views
INR could be fully convertible in next 5 years, Raguram Rajan stated. Indian central bank ponders repo bids fall to 31.75 bln rupees. RBI- FX reserves at US$354 bln Cash balance rises at 3.71 trn rupees. Rajan confirms...
Weaker yen heats up currency war possibility in Asia
Jun 04, 2015 12:23 pm UTC| Insights & Views
Alarm bells are ringing all over Asia this week as yen touched thirteen year low against dollar at 125. Bells are hitting loudest in South Korea another export oriented economy, similar to Japan as Won hit below 9 mark...
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