Options point at tension over pound
Mar 17, 2015 12:34 pm UTC| Insights & Views
Uncertainties are rising both in political situation and monetary policy as BOE and economic data shows contrasting expectation. This may be the year of uncertainty for UK and pound - Pound is clearly lacking a...
Mar 17, 2015 11:33 am UTC| Insights & Views
Federal open market committee to hold monetary policy meeting this Wednesday. Decision is to be announced at 18:00 GMT, followed by press conference at 18:30 GMT, tomorrow. Traders and investors primary focus will be on...
Remarkable resilience of shale producers
Mar 17, 2015 10:53 am UTC| Insights & Views
US crude price drop is expected to hit the high cost producers the most namely shale oil producers and Canadian tar sands producers. Before the price drop, average cost of production shale oil was close to $80/ barrel...
Game to gain oil market share is still on
Mar 17, 2015 09:49 am UTC| Insights & Views
Last week, oil tanker Maran Penelope arrived at South Korea carrying 140,000 tons of Mexican crude oil. Buyer was refiner GS Caltex Corp. This year so far Mexican state oil company Petroleos Mexicanos delivered 5...
Mar 17, 2015 09:06 am UTC| Insights & Views
Today Reserve Bank of Australia (RBA) published the minutes of meeting at 00:30 GMT. Key highlights - RBA recognized slowdown in China, but on a positive note said that with lower steel price, Chinese domestic...
Mar 17, 2015 08:18 am UTC| Insights & Views
Bank of Japan (BOJ) kept the monetary policy unchanged at todays announcement. BOJ is purchasing assets as per its qualitative and quantitative easing (QQE) at a pace of 80 trillion yen per year. Todays policy decision...
Guide to today’s important data and events
Mar 17, 2015 07:27 am UTC| Insights & Views
Today data risks are moderate across board. Focus is on Euro zone. Data released so far - Australia - RBA released minutes of meeting that indicates continuation of the easing cycle. China - FDI increased at a...