EIA expects oil to be $5-$15, does it make sense?
Apr 08, 2015 11:37 am UTC| Insights & Views
US governments energy agency EIAhas warned on Tuesday that a successful Iran deal could lead oil prices to $5-$15. How realistic is the estimate? In 2011 Iran was exporting around 2.5 million barrels per day which saw...
Euro zone inflation linked bonds are in high demand
Apr 08, 2015 10:21 am UTC| Insights & Views
After months of lagging behind their conventional peers, inflation linked bonds are back in heavy demand. European Central Banks (ECB) monetary policy seems to be working in the right direction. Germany sold record 10...
France remains weak spot in Euro zone
Apr 08, 2015 09:31 am UTC| Insights & Views
Top four economies in Europe, Germany, France, Spain and Italy all saw their services PMI in March rise above flash estimate except for France. Moreover Frances manufacturing PMI still hovering deep in negative...
Pound bulls worry on deflationary pressure
Apr 08, 2015 08:59 am UTC| Insights & Views
Pound is failing to determine direction as several fundamental forces remain in play. Pound performed relatively well since fourth quarter GDP surprised on the upside. GDP for fourth quarter was up 3% YoY and 0.6% QoQ,...
Apr 08, 2015 08:13 am UTC| Insights & Views
Bank of Japan (BOJ) kept the monetary policy unchanged at todays announcement. BOJ will purchasing assets as per its qualitative and quantitative easing (QQE) at a pace of 80 trillion yen per year. Todays policy...
Guide to today’s important data and events
Apr 08, 2015 07:37 am UTC| Insights & Views
Event and data risks are high today, Focus is on FOMC minutes. Data released so far - Japan - BOJ kept monetary policy unchanged with 8-1 vote. Eco watchers survey for current is up to 52.2 from 50.1 prior and outlook...
Currency snapshot (commodity pairs)
Apr 07, 2015 16:17 pm UTC| Insights & Views
Dollar index trading at 97.73 (+0.69%). Strength meter (today so far) - Aussie +0.70%, Kiwi -0.39%, Loonie -10%. Strength meter (since last week) - Aussie +0.73%, Kiwi -0.74%, Loonie -0.03%. AUD/USD - Trading at...