Iranian oil tankers in search of a buyer
Mar 04, 2015 09:40 am UTC| Insights & Views
After US president Barrack Obama visited India in February Indian government have asked the local refiners to reduce the purchase of Iranian crude and keep the level in line with previous years import. In January...
Positive GDP failed to boost Aussie and ASX200
Mar 04, 2015 08:49 am UTC| Insights & Views
The Australian dollar failed to further gain ground after yesterdays sharp rise as Reserve Bank of Australia (RBA) kept the policy rates unchanged. Despite yesterdays sharp gain outlook for Australian dollar look bleak...
Nifty sails above 9000 as RBI cuts rates
Mar 04, 2015 08:17 am UTC| Insights & Views
Today in a surprise move Reserve Bank of India (RBI) surprised the market with another 25 basis points rate cut that moved the lending rate to 7.5 percent. Cash reserve ratio is maintained at 4 percent. This is the...
Guide to today’s important data & events
Mar 04, 2015 07:36 am UTC| Insights & Views
Mix of moderate and high profile risks are scheduled for today. Todays focus is on services data across globe and central bank policy. Data released so far - Australia - GDP data released showed growth slowed to 2.5%...
Saudi Arabia raised official crude price
Mar 03, 2015 16:33 pm UTC| Insights & Views
Saudi Arabia, the worlds largest crude exporter, has raised prices for April oil sales to Asia, through Saudi Aramco, the state owned oil producer. The price hike came even some of the cargoes remain unloaded...
Ukraine raised rates to thirty percent
Mar 03, 2015 15:55 pm UTC| Insights & Views
Over the last year situations both economic and political deteriorated in Ukraine. Last year, Russian annexed Crimea from Ukraine and pro-Russian rebels continue to advance against the government troops. In recent...
Mar 03, 2015 15:31 pm UTC| Insights & Views
After last weeks dismal performance the energy segment once again facing strong selling pressure across board. Prices fell once again after last nights brief rise. Performance this week at a glance in chart table - ...