Apr 13, 2015 13:46 pm UTC| Insights & Views
First trading day of the week and energy segment is trading green today, however gas prices remain weak. Weekly performance at a glance in chart table Oil (WTI) - WTI is trying to gain grounds after report showed that...
Australia to suffer larger twin deficits
Apr 13, 2015 13:00 pm UTC| Insights & Views
Iron ore prices continue to fall amid concern over weakening Chinese economy. Iron ore prices fell to $47/ton, it traded $110/ton, last year in April. Price is down close to 60% in a year. Analysts are now expecting prices...
US oil rigs fall, Asia shows signs of demand revival
Apr 13, 2015 11:47 am UTC| Insights & Views
WTI is trading around $52.25/barrel and Brent is trading around $58.34/barrel. Both the crude prices are up by 1.2% and 0.8% respectively. According to latest report from EIA, Crude producing active rigs has now fallen...
Chinese GDP on Wednesday to disappoint
Apr 13, 2015 11:35 am UTC| Insights & Views
China will release its GDP estimate for the initial quarter on 15th April Wednesday. Market is already expecting bigger drop of around 0.3% from previous. Todays weaker than expected trade statistics, gave further rise...
Dollar to be blamed most for lower earnings
Apr 13, 2015 11:32 am UTC| Insights & Views
According to data research by Fact set, about 70% of SP 500 companies are about to blame dollar for earnings miss or cite dollar as giving a negative impact. Next in line for the blame games are domestic issues as strikes...
How stronger dollar might be drag on US GDP
Apr 13, 2015 09:04 am UTC| Insights & Views
Dollar index, which presents dollar value against a basket of currencies is now trading at 99.6, just shy of its recent high around 100 mark. Policymakers at FED have now been vocal against the strength of dollar, saying...
Apr 13, 2015 09:00 am UTC| Insights & Views
US retail sales statistics for March will be released at 12:30 GMT, tomorrow. Why retail sales and US consumers are important? Domestic consumption of goods contribute about 25% of GDP or around $ 4 trillion as of...