Oil producing rigs fall in US, does it matter?
Mar 20, 2015 11:45 am UTC| Insights & Views
Number of active rigs in US has fallen by 46% from its peak from October 2014, in just less than six months. How much it really matters in terms of production and price? A case study from natural gas is presented. Chart...
Mar 20, 2015 10:42 am UTC| Insights & Views
As Greek government and European lenders remains at loggerheads over the conditions of the bailout, data shows that market participants remain extremely worried. Arguments of Syriza - Basic argument of Syriza party is...
Mar 20, 2015 08:58 am UTC| Insights & Views
Last night European leaders concluded discussion with Greek counterpart Mr. Alexis Tsiparas. Not much was achieved immediately like always, however provide guidance fortime ahead. Key highlights - German Chancellor...
Mar 20, 2015 08:29 am UTC| Insights & Views
Chinese Yuan is enjoying best week since 2005 as traders gave up bets over aggressive weakening of Yuan amid slowdown in China. Yuan has appreciated close to 1.12% since Monday, after FOMC minutes turned out to be more...
Guide to today’s important data and events
Mar 20, 2015 07:32 am UTC| Insights & Views
Today data and event risks are moderate. Focus is on Canada. Data released so far - Germany - Producer price index dropped -0.1% mom. This may be over lower oil price. Upcoming - Euro zone - Current account...
Mar 19, 2015 16:25 pm UTC| Insights & Views
Energy segment gave up all most of the gains in todays trading. Weekly performance at a glance in chart table - Oil (WTI) - WTI selloffs continued today after brief pause over FOMC and weak dollar. WTI traded as high...
BOE might lose direction, Pound to embrace volatility
Mar 19, 2015 16:07 pm UTC| Insights & Views
Woe is not over for pound. BOE - Bank of England (BOE) policymakers maintained rhetoric for rate hike so far. Recent comments suggested concerns over inflation and strength of pound. Today chief economist of BOE,...