Bail in clause hit Greek banks today
Aug 17, 2015 13:24 pm UTC| Insights & Views
Euro zone finance ministers on Friday have agreed to new three year bail-out program under which Greek government will receive an assistance of 86 billion over the years of the program. However, the news has not been good...

Aug 17, 2015 13:12 pm UTC| Insights & Views
Observe price behavior of USDCAD as it has been showing demand and supply equation exactly at trendline supports and resistance lines with technical indicators to substantiate.For instance, the pair experienced supports...
Aug 17, 2015 12:44 pm UTC| Insights & Views
CFTC commitment of traders report was released on Friday (14th August) and cover positions up to Tuesday (11th August). COT report is not a complete presenter of entire market positions, since future market is relatively...

Lesson from history – FED hike and inflation expectations
Aug 17, 2015 12:43 pm UTC| Insights & Views
Whole focus of the market this year has been looming rate hike from FED. While policy officials have indicated that they are looking at various data points which would show further improvement in US labor market and make...
Commodity futures index (CRB) edges down on PBoC’s devaluation mechanism
Aug 17, 2015 12:06 pm UTC| Insights & Views
The solidifying the strength of USD and apprehensions over Chinese economy has been pressuring commodity markets. The CRB commodity index, the most tracked commodity futures index, is down 14 percent so far this year. The...

Pound’s consolidation likely to end with volatility burst
Aug 17, 2015 11:52 am UTC| Insights & Views
Pound on 6th of August had taken support of rising trend line, which has been in place since May, 2015, however as of now, it seems that it is not a sufficient condition for pound to break its recent...

WTI benchmark shows signs of extreme sentiment
Aug 17, 2015 11:08 am UTC| Insights & Views
North-American benchmark WTI is showing signs of extreme sentiment, which suggests that there might be reversal ahead. Kindly note that extreme sentiment doesnt necessarily result in immediate reversal, as a matter of...