French 10 year yield widens to 15 month high against Germany
Jun 16, 2015 08:55 am UTC| Insights & Views
As legendary bond investor suggested historic opportunity to go short in German bund, we have suggested selling French counterpart and to go long in German French spread. After months of lagging, the expected trade might...
Add longs on EUR/JPY digital calls ahead of +ve Zew index & Japan’s –ve trade balance
Jun 16, 2015 08:35 am UTC| Insights & Views
The EUR/JPY tug of war is clearly smelt ahead of the high impact data indicators are scheduled to be released later during European session.Germans Zew economic sentiment index is lined up 1st that has been forecasted to...
Shorting WTI straddles fetch certain yields; best suitable for current range-bound trend
Jun 16, 2015 08:14 am UTC| Insights & Views
As stated in our previous post also the range bounded trend for this commodity remains intact.We dont think prices to act drastically and evidence huge gap. The price band for this commodity is to remain within 56 on south...
WTI futures better choice over Brent futures; US crude banks upon inventory levels
Jun 16, 2015 08:08 am UTC| Insights & Views
Oil prices will rise in the long run, but in the short run there will be a pullback. Supply has been increasing, therefore adding pressure on oil prices in the short term.But long term projections of oil prices are on...
Jun 16, 2015 07:46 am UTC| Insights & Views
Today inflation reading will be published from UK at 8:30 GMT. Data set includes Consumer Price index (CPI), producer price index (PPI), and retail price index. Inflation readings will be closely monitored by both...
Guide to today’s important data and events
Jun 16, 2015 07:13 am UTC| Insights & Views
Lot of economic dockets are scheduled for today. However risks associated are moderate. Data released so far - Australia - New motor vehicles rose 0.8% in May from a year ago, much lower than prior 2.8% in April. Sales...
FxWirePro: Yen unmoved by Kuroda's remarks, Apply 1:2 call spread for USD/JPY
Jun 16, 2015 07:05 am UTC| Insights & Views
USD/JPY saw a 50-point rally as BoJ Gov Kuroda felt the need to clarify his comments from last week.BoJ Governor Kuroda said he was not trying to influence or predict the level of the exchange rate in his comments last...
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report