Mar 23, 2015 16:13 pm UTC| Insights & Views
Stocks performances are mixed after FOMC. US equities sailed back to gains while Europeans suffer. SP 500 - US benchmark sailed back to gains after FOMC however struggling at its all-time high. Chicago FED national...
Dollar suffers as spread narrows
Mar 23, 2015 16:00 pm UTC| Insights & Views
US treasury yields are dropping across board, as speculators are increasing their bets over a slower pace of hikes in the US. Market has pushed back rate hike expectation from June to around September. FED participants...
Currency snapshot (commodity pairs)
Mar 23, 2015 15:45 pm UTC| Insights & Views
Dollar index trading at 97.32 (-0.50%). Strength meter (today so far) - Aussie +0.76%, Kiwi 0.62%, Loonie +0.07%. Strength meter (since last week) - Aussie +0.76%, Kiwi 0.62%, Loonie +0.07%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Mar 23, 2015 15:07 pm UTC| Insights & Views
Dollar index trading at 97.03 (-0.80%). Strength meter (today so far) - Euro +1.15%, Franc 0.7%, Yen +0.34%, GBP -0.21% Strength meter (since last week) - Euro +1.15%, Franc 0.7%, Yen +0.34%, GBP -0.21% EUR/USD...
Wall Street suffers with junk oil loans
Mar 23, 2015 14:04 pm UTC| Insights & Views
Lower oil prices have pushed the value of the bonds issued by junk rated highly indebted companies. Banks are finding it difficult to load these securities out of its balance sheet and incurring losses. As Federal Reserve...
Japanese CPI composition and review
Mar 23, 2015 13:36 pm UTC| Insights & Views
Bank of Japan (BOJ) has introduced monetary easing under the name Qualitative and Quantitative Easing (QQE) in end of 2012. That resulted in massive depreciation of Yen, leading to higher energy prices and improved...
Mar 23, 2015 12:45 pm UTC| Insights & Views
China has been a major demand driver in Asia, it consumes more than 10% of global crude production. China imported record 7.2 million barrels/day in December 2014. Slowdown in China has hit oil demands as producers...