Commodities snapshot (precious & industrial)
Mar 19, 2015 15:35 pm UTC| Insights & Views
Metals cheered the demise of dollar post dovish comments from FOMC. However giving up some gains. Performance this week at a glance in chart table - Gold - Gold traded as high as $1177/troy ounce but failing to hold...
Mar 19, 2015 15:13 pm UTC| Insights & Views
Equities cheered dovish comments from FOMC clearly indicating that monetary policies moving markets. Performance this week at a glance in chart table - SP 500 - US benchmark sailed back to gains after FOMC. It has...
Currency snapshot (commodity pairs)
Mar 19, 2015 14:45 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) gained against dollar but failed to break important levels and retraced gains. A chart and table is attached for explanation. Aussie traded as high as 0.784 in post FOMC rally but...
Currency snapshot (major pairs)
Mar 19, 2015 14:23 pm UTC| Insights & Views
Dollar recovered after it was hard yesterday over FOMC against the majors (EUR, GBP, CHF, and JPY). Dollar index is at 98.13, up 1.50% today. This weeks performance at a glance in chart and table - Euro, the best...
Mar 19, 2015 13:56 pm UTC| Insights & Views
WTI crude oil is down 6% this week after around 9% fall a week before. Persisting supply concerns continue to put pressure on the spot price turning the crude market structure a contango like. What is contango? Very...
Mar 19, 2015 13:04 pm UTC| Insights & Views
Bond rally that was paused ahead of FOMC came back with renewed pace thanks to dovish FED, dovish comments from Janet Yellen and ultra loose policies fromEuropean Central Bank. Dovish comments from FED signals that exit...
EU leaders meet as Grexit looms
Mar 19, 2015 12:25 pm UTC| Insights & Views
Fear over Grexit is potentially up once again as seen from the bond market. Greek bond yields are reaching for new highs. 3 year is yielding above 22%. Greek government and European lenders are not coming to a...