
Oil in global economy series – too much inventory for so little growth
Oct 15, 2015 12:43 pm UTC| Insights & Views
Recently news of slowdown in non-OPEC oil production has been circling crude oil market as Oil Producers cartel OPEC and international energy watchdog IEA both announced that production is likely to drop this year and...

FxWirePro: Place butterfly spreads ahead of GBP/USD’s interim upswings
Oct 15, 2015 11:48 am UTC| Insights & Views
Rationale: It is only dollar that is giving up its gains owing to yesterdays poor retail sales and PPI numbers. As there are no significant data releases that could propel GBP side for next week until UK retail sales...

US CPI today – event or non-event?
Oct 15, 2015 11:27 am UTC| Insights & Views
Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors ahead of this months FOMC rate decision. CPI is scheduled to be released at 12:30 GMT. However todays CPI may turn out to...

API reports mega surplus, while WTI awaits EIA report – calls updated
Oct 15, 2015 10:49 am UTC| Insights & Views
Crude oil (WTI) after breaking its consolidation sharply headed higher but sellers were large around 200 day moving average around $51/barrel area. WTI has taken a sharp turn to trade at $46/barrel as of now. Key factors...

Can ECB's QE extension halt the euro's upward trajectory?
Oct 15, 2015 10:29 am UTC| Insights & Views
ECBs expansion of its balance sheet by close to 500bn over the past seven months has been unable to stop the euro from strengthening against all of its G10 and emerging market counterparts. The EUR has infact posted...
Oct 15, 2015 10:11 am UTC| Insights & Views
Put writers must be alright with the current levels of this pair (EURAUD spot fx at 1.5575) because on 8th October we advised OTM shorts with 4 day expiry which must have definitely booked profits as the price moved above...

Euro weakens over Nowotny’s dovish comments
Oct 15, 2015 10:05 am UTC| Insights & Views
Dovish comments from European Central Banks (ECB) Ewald Nowotny couldnt have come at a much better time. Euro was hovering around key 1.15 level, when comments hit the wire. Mr. Nowotny, is a governing council policymaker...