Currency snapshot (major pairs)
Jun 16, 2015 16:06 pm UTC| Insights & Views
Dollar index trading at 95.09 (+0.28%). Strength meter (today so far) - Euro -0.40%, Franc -0.31%, Yen -0.01%, GBP +0.13% Strength meter (since last week) - Euro -0.27%, Franc -0.57%, Yen -0.06%, GBP +0.41% EUR/USD...
Jun 16, 2015 15:46 pm UTC| Insights & Views
Energy pack is mixed while oil is up, gas is down. Weekly performance at a glance in chart table. Oil (WTI) - WTI continuing the range trade, ahead of FED policy tomorrow. Todays range $60.4 -59.4. Target for the...
Commodities snapshot (precious & industrial)
Jun 16, 2015 15:29 pm UTC| Insights & Views
Precious metals are treading water, while industrial remains weak. Performance this week at a glance in chart table - Gold - Gold is treading water ahead of FOMC monetary policy tomorrow. Todays range - $1188 -...
Brazilian real at risk of demand slowdown
Jun 16, 2015 14:43 pm UTC| Insights & Views
Gloomy news keeps on hitting Brazil. Latest data reveal, facing headwinds from higher inflation, lower value of Brazilian Real, higher interest rate is leading consumers to spend lesser. Since December last year, retail...
Grexit is still not under most fund managers’ consideration
Jun 16, 2015 14:09 pm UTC| Insights & Views
According to survey by Bank of America Meryl Lynch (BAML) most of the fund managers are not under impression that Greece might have to leave Euro zone. The survey which takes into account more than 200 fund managers,...
US stocks at risk of earnings decline
Jun 16, 2015 13:35 pm UTC| Insights & Views
With US Federal Reserve looking to hike rates, investors and companies have postponed their investments unsure of what a first rate hike might bring. So it is likely that US earnings might suffer in the second quarter...
FxWirePro: Speculate EUR/GBP with futures, hedge with put spreads
Jun 16, 2015 13:26 pm UTC| Insights & Views
Germans ZEW sentiment index negative numbers today have set the tone sending yields lower, unless a Greek solution presents itself.ZEW index disappointed the streets by flashing at 31.5 which is a way below forecasts at...
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report