US oil producers to cut spending not production
Mar 17, 2015 15:53 pm UTC| Insights & Views
US oil companies stocks have been hammered by 50% price drop in the commodity but undercurrent show that most companies would be able to pass through this storm. US to become a dominant player in the oil market should...
Commodities snapshot (precious & industrial)
Mar 17, 2015 15:15 pm UTC| Insights & Views
Metals continue to face headwinds despite weaker dollar today. Performance this week at a glance in chart table - Gold - Gold is waiting for tomorrows FOMC for further direction. Gold bulls have yet not given up on the...
Mar 17, 2015 15:11 pm UTC| Insights & Views
Energy performance is mixed in todays trading. Weekly performance at a glance in chart table - Oil (WTI) - WTI selloffs continued as expected after key support level got broken. WTI has reached initial target of $42.5/...
Mar 17, 2015 14:34 pm UTC| Insights & Views
Equities are shedding of gains over profit booking. Performance this week at a glance in chart table - SP 500 - US benchmark is losing ground today after yesterdays big rally. Building permits increased to 1.092...
Mar 17, 2015 14:15 pm UTC| Insights & Views
Last Monday European Central Bank (ECB) has started off its bond purchase program to buy securities worth 60 billion per month and continue it at least till September 2016. ECB so far has only bought 9 billion...
Currency snapshot (commodity pairs)
Mar 17, 2015 13:49 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) are doing worse than the majors against dollar. A chart and table is attached for explanation. Aussie sell offs stabilized over broad based US dollar weakness. However any gains could be...
Currency snapshot (major pairs)
Mar 17, 2015 13:42 pm UTC| Insights & Views
Dollar is treading waters against all the majors (EUR, GBP, CHF, and JPY) over positioning ahead of FOMC tomorrow. This weeks performance at a glance in chart and table - Euro is the top performer this week and in...