
Big ETF outflow preceded today’s gold crash
Jul 20, 2015 13:53 pm UTC| Insights & Views
On Friday, gold tracking ETFs suffered worst daily outflow in since 2013. Investors pulled out $443.1 million according to Markit. Last week total outflow was $539 million, largest since March this year. ETF data shows,...

Jul 20, 2015 13:31 pm UTC| Insights & Views
Do you think prevailing bull run is ended? This might be quite puzzling for those who referred our earlier posts, if there is bearish sensation then it does not mean that it has to tumble within no time to wipe off all its...

FxWirePro: Shooting Star signifies bearish divergence on USD/CAD; PRBS keeps tight hedging
Jul 20, 2015 13:26 pm UTC| Insights & Views
Technical watch:Is USD taking a halt from its ruthless bull run against CAD which has started almost a month ago (on 18th June)? The pair has spiked up from the lows 1.2126 levels with minor hick-ups to reach 6 years...
Corporate bond issuance back in demand as Greece settles down
Jul 20, 2015 13:08 pm UTC| Insights & Views
After a long mute, over Greek debt drama, European corporate bond market has started to rattle again. With Greece gone focus now turning on to monetary policy once more. With assurance that European Central Bank (ECB)...

FxWirePro: €/$ to test 3 month’s lows; tunnel construction using ITM binary puts
Jul 20, 2015 12:30 pm UTC| Insights & Views
Greek banks were set to reopen on Monday after a forced 3-week closure but restrictions on cash withdrawals were still to remain. In a decree Saturday, the Greek government kept the daily cash withdrawal limit at 60 but...

£/$ remains stiff but little bearish owing to optimism of Fed’s rate hike
Jul 20, 2015 12:28 pm UTC| Insights & Views
We have very little data to drive markets this week, especially around the main macro theme of when the Fed and the BoE are going to start moving interest rates. The sterling was almost stagnant against the dollar until US...
Jul 20, 2015 12:19 pm UTC| Insights & Views
The European Commission has sent 7.16 billion to Athens as part of emergency financing or bridge loan to prevent a default by Greece to European Central Bank (ECB), which would have forced ECB to withdraw Emergency...