EIA inventory and crude preview
Jun 24, 2015 11:57 am UTC| Insights & Views
Today US Energy Information Administration (EIA) will release data on inventory at 14:30 GMT. Last week according to EIA, there was inventory drawdown of -2.67 million barrels, today it is expected that another drawdown...
Delta hedging of USD/SGD ATM calls on trend reversal
Jun 24, 2015 11:47 am UTC| Insights & Views
Trend for USD/SGD seems to be reversed and attempting to evidence a gap up opening.The oscillating indicators RSI (14) signals upward strength as both RSI curve and price line evidence rising convergence.Slow stochastic is...
Higher treasury yields provide support to dollar
Jun 24, 2015 11:04 am UTC| Insights & Views
After dovish FOMC pushed rate hikes into the future and FOMC participants slashed their growth and employment expectations last week, rates on US treasuries are on the rise once again. US 2 year treasury yield was...
Creditors reject Greek proposals, volatility and risk aversion hit markets
Jun 24, 2015 10:13 am UTC| Insights & Views
Greek Prime Minister Alexis Tsipras said that creditors have rejected latest Greek proposals which were delivered by Athens on Monday. Immediate volatility and risk aversion has hit markets. Euro faced flash...
FxWirePro: Break away gap on GBP/USD daily charts, Are slides underway?
Jun 24, 2015 10:11 am UTC| Insights & Views
On daily charts of GBP/USD candlestick gap occurred at 1.5725 levels to signal probable weakness in this pair. It is deemed as a break away as it occurs at the end of an important price pattern (exactly at the peaks) and...
List of risks that might unsettle markets in 2015 and beyond
Jun 24, 2015 09:37 am UTC| Insights & Views
Most major equity markets such as SP500, Dow jones, NASDAQ, DAX etc. hovering around new all-time high, while several other like Nikkei 225, CSI300 are hovering at multiyear/decade high. Several risks lies ahead, that...
Fund managers not so concerned on Grexit
Jun 24, 2015 08:25 am UTC| Insights & Views
Today is another day of meeting by Euro zone finance ministers, who are rushing to close a deal and present an acceptable proposal before Euro zone leaders reconvene in Brussels for two day summit. Though the agenda for...