Guide to today’s important data and events
May 04, 2015 07:18 am UTC| Insights & Views
Lot many economic dockets to be released today, focus is on manufacturing PMI across regions. However, volume and volatility might remain low with holiday in UK. Data released so far - Australia - Building permits grew...

AUD surges fortified by Asian stocks, RBA’s policy
May 04, 2015 06:55 am UTC| Insights & Views
The Australian dollar often used as a proxy for Chinese risk which has fallen 20 ticks before recovering to trade at 1.2730.The HSBC Purchasing Managers Index (PMI) showed factory activity in China contracted at its...
Saudi riyal showing strengths of gains against USD amid increased foreign reserves
May 04, 2015 05:34 am UTC| Insights & Views
The economic and local policies are showing more generosity by the prince Mohammed Bin Salman and created an instrumental economic and defense councils to tackle Houthi rebels and their allies in Yemen.The oil industry...
Improved unemployment rate added stability in US economy
May 01, 2015 12:24 pm UTC| Insights & Views
The unemployment rate has certainly shown an improvement of since September 2009. Because of these improvements in unemployment rate, the US economy is getting on good shape footing with fair prospects of a stable growth...

Yen choppy despite good set of CPI number
May 01, 2015 09:23 am UTC| Insights & Views
The Japanese yen weakened sharply in early Asia on Friday despite consumer price data showing a faster than expected pace as other data was mixed and more crucial wages data lay ahead. The data was part of a busy suite due...

Shorting futures EURUSD on intraday swing trading basis
May 01, 2015 07:31 am UTC| Insights & Views
Shorting futures EURUSD on intraday swing trading basisBlue chip US stocks led by the NASDAQ having revenues in forex exposures tumbled on Thursday, Tech and Biotech quarterly results disappointed. Cheerful economic...

Pounds sturdy despite investors pull out 1 bln GBP ahead of UK general elections
May 01, 2015 06:38 am UTC| Insights & Views
Weve been urging for safe zones preventing any currency threats of GBP ahead of general elections in UK. The equity funds saw a net retail outflow of GBP 963 mln in recent past. The largest net outflow ever recorded by the...