Guide to today’s important data and events
Jun 24, 2015 05:06 am UTC| Insights & Views
Lot of economic dockets scheduled for today. Focus is on GDP data from US. Data released so far - China - CB leading economic index stayed at 1.1 in May. Upcoming - France - First quarter GDP to be released at...
Commodities snapshot (precious & industrial)
Jun 22, 2015 17:14 pm UTC| Insights & Views
Metals pack is down today as dollar bounced back somewhat. Performance this week at a glance in chart table - Gold - Gold dropped sharply from $1200 area. Todays range $1201-1182. Optimism over Greek deal moved...
Currency snapshot (commodity pairs)
Jun 22, 2015 16:31 pm UTC| Insights & Views
Dollar index trading at 94.17 (+0.09%) Strength meter (today so far) - Aussie -0.57%, Kiwi -0.65%, Loonie -0.53%. Strength meter (since last week) - Aussie -0.57%, Kiwi -0.65%, Loonie -0.53%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 22, 2015 16:19 pm UTC| Insights & Views
Dollar index trading at 94.07 (-0.02%). Strength meter (today so far) - Euro +0.22%, Franc -0.26%, Yen -0.55%, GBP -0.32% Strength meter (since last week) - Euro +0.22%, Franc -0.26%, Yen -0.55%, GBP -0.32% EUR/USD...
Funds reduces dollar longs to lowest since summer last year
Jun 22, 2015 15:32 pm UTC| Insights & Views
CFTCs fund stat hardly represents the total market however it provides glimpse of insight, what fund managers are putting their money into. Latest report released on Friday showed, fund managers have reduced their USD...
Shekel soars against dollar over BOI comments
Jun 22, 2015 15:02 pm UTC| Insights & Views
Bank of Israel slashed investors hope that it will deploy unconventional policy measures to boost economy and inflation. Bank of Israel (BOI) left policy rates unchanged as expected at 0.1%, however comments at press...
Euro likely to remain buoyant even without any deal tonight
Jun 22, 2015 13:54 pm UTC| Insights & Views
Euro zone finance ministers meet ended just early, without any resolution. Greece has submitted two proposals, one last night and one in todays morning. However both of them remains still a bit far from what could be...