Surge in bond yields & their adverse impact on Asian currency baskets
Jun 05, 2015 13:05 pm UTC| Insights & Views
When the Federal Reserve eventually decides to taper monetary policy, major Asian currency crosses like Yen, SGD, CNY are tendering to shift their trends.Christine Lagarde has made a strong pitch to the US Fed to postpone...
Asian currency majors tepid movs eagainst Euro on deferred debt payment by Greece
Jun 05, 2015 12:19 pm UTC| Insights & Views
The gains of Asian major currency baskets such as Yen INR are lingering on Greeces delay of an IMF debt payment and U.S. jobs data on Friday with investors focused mindset.On Friday as Prime Minister Alexis Tsipras, facing...
Currency snapshot (major pairs)
Jun 05, 2015 12:16 pm UTC| Insights & Views
Dollar index trading at 95.65 (+0.08%). Strength meter (today so far) - Euro +0.16%, Franc +0.25%, Yen -0.29%, GBP -0.15% Strength meter (since last week) - Euro +2.09%, Franc +0.80%, Yen -0.52%, GBP +0.29% EUR/USD...
Currency snapshot (commodity pairs)
Jun 05, 2015 12:02 pm UTC| Insights & Views
Dollar index trading at 95.66 (+0.09%) Strength meter (today so far) - Aussie +0.36%, Kiwi +0.13%, Loonie -0.04%. Strength meter (since last week) - Aussie +1.01%, Kiwi +0.46%, Loonie -0.45%. AUD/USD - Trading at...
Iran’s oil minister assures return to markets at OPEC summit
Jun 05, 2015 11:46 am UTC| Insights & Views
While traders have one question in mind that how much Iran can produce and export, if sanctions are removed in a final deal, OPEC is facing key challenge, how to accommodate Iranian exports if 30 million barrels/day...
US jobless claims to frame up fed rate hike decision
Jun 05, 2015 11:22 am UTC| Insights & Views
Fed Rate hike decision: The latest commentary from Fed officials have suggested that a June interest rate hike is now unlikely but a move in September remains on the cards providing the data shows economic growth...
Lira to embrace volatility as country goes to polls on Sunday
Jun 05, 2015 11:07 am UTC| Insights & Views
Turkey is going to polls this Sunday, which makes Turkish Lira, open for heavy volatility post weekend. As of latest poll, ruling AKP party, headed by President Erdogan is set to win Sundays election, however even if that...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects