Gold investment demand might have bottomed, ETF demand hasn’t
Jun 16, 2015 12:44 pm UTC| Insights & Views
First quarter report from World Gold Council (WGC) after many quarters of outflow money flew back into Gold investment assets. However, only 9.2% of all the gold investment demand in first quarter of 2015. Outflow from...
Europe needs policies to battle unemployment more than deflation
Jun 16, 2015 12:04 pm UTC| Insights & Views
With European Central Bank (ECB) providing the necessary support, European Government and European investment banks should deploy policies, which would bring back Europeans back into jobs. Inflation through monetary...
FxWirePro: AUD/USD straddle likely to fetch assured gains around 200 pips
Jun 16, 2015 12:02 pm UTC| Insights & Views
FX option strategy: Long Straddles (AUD/USD)With a view of non-directional trend is anticipated in medium term backed by RBAs lackluster comments on exchange rate, we recommend this currency option strategy.Buy 30D...
Aussie dollar edgy on RBA’s lackluster comments
Jun 16, 2015 11:58 am UTC| Insights & Views
The RBA seems to be slightly constructive on trades with China; the rhetoric on the exchange rate if Aussie dollar was similar, with emphasis that it needs to be lower for a "sustained period".There was further discussion...
Surge in dollar likely to impact US current account adversely
Jun 16, 2015 10:51 am UTC| Insights & Views
The mining sectors contraction and the stronger US dollar factored in the fall of 0.2% in US industrial production for May month.The bright note was NAHB homebuilder sentiment, which rose to 59 matching Septembers...
No legal hurdles for ECB’s OMT anymore
Jun 16, 2015 10:38 am UTC| Insights & Views
Today final hurdle for European Central Banks controversial government bond buying got cleared by European court of justice. According to the courts decision European Central Banks (ECB) buying of government securities...
UK deflation short lived but disinflationary pressure persistent
Jun 16, 2015 09:36 am UTC| Insights & Views
Lot of noises were made and headlines filled after UK moved into deflation as measured by annual change in CPI moved into deflationary zone in April for the first time since sixties. Todays inflationary data indicated UK...
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report