Mar 16, 2015 18:14 pm UTC| Insights & Views
Big selloffs continuing in energy segment after last weeks big fall. Weekly performance at a glance in chart table - Oil (WTI) - WTI selloffs accelerated and price moved very close to target. WTI is yet to reach...
Mar 16, 2015 18:10 pm UTC| Insights & Views
Its once again like 2011 crisis as Investors show concern over Greece, sending the countrys short term bond yields once again above 20%. The three-year Greek bond yields, that fell by almost 12% after a bailout...
Commodities snapshot (precious & industrial)
Mar 16, 2015 17:44 pm UTC| Insights & Views
Metals failed to gain today despite weaker dollar. Performance this week at a glance in chart table - Gold - Gold is the worst performer in todays trading even failed to advance after disappointing data was published...
Mar 16, 2015 17:10 pm UTC| Insights & Views
Equities are gaining todays trading however performance is diverging across board. Performance this week at a glance in chart table - SP 500 - US benchmark has taken support at 2040 level and squared off further of the...
Currency snapshot (commodity pairs)
Mar 16, 2015 16:38 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) gaining intra days trading from a broad based weakness in dollar. A chart and table is attached for explanation. Aussie gained in todays trading after the currency snapped back from the...
Oil companies step up pressure over oil export ban
Mar 16, 2015 14:44 pm UTC| Insights & Views
As expected, oil companies in US argued strongly to lift the ban on export which traps domestically produced crude oil from exporting in raw form. Ryan Lance, CEO of ConocoPhillips was in Washington last week to persuade...
Euro to change international trade flows
Mar 16, 2015 13:58 pm UTC| Insights & Views
Euro during 2000-2008 saw remarkable rise in its value against other currencies when it rose from below par to 1.6 against dollar. During 2011 Eurozone financial crisis Euro fell close to 1.18 against dollar but that fall...