Shinzo Abe’s approval ratings join Yen on the slide
Jun 15, 2015 10:45 am UTC| Insights & Views
In 2015, Japans popular Prime Minister Shinzo Abe is not looking so popular anymore. Latest record shows, poll ratings are at their lowest since taking up his second spell in office in 2012. Weekend poll showed Mr. Abes...
WPI deflation unlikely to provoke RBI to jump the gun
Jun 15, 2015 10:42 am UTC| Insights & Views
Just a few weeks back Reserve Bank of Indias governor Raghu Ram Rajan has cut rates for third time this year, however continued deflation as measured by Indias wholesale price index (WPI) unlikely to make him jump the gun...
FxWirePro: Deploy Diagonal Call Spread on Falling Wedge
Jun 15, 2015 09:01 am UTC| Insights & Views
Options Strategy: (XAU/USD) Diagonal call spreadFor current technical situation as explained our earlier post, this strategy can be employed to hedge the FX commodity exposure.On hedging grounds, We recommend buying 60D...
Expect XAU/USD upswings on Falling Wedge but instant trend reversal unlikely
Jun 15, 2015 08:57 am UTC| Insights & Views
Both on weekly and monthly graphs of this precious metal prices, falling wedge pattern has been spotted out.Upswings are expected for sure but instant trend reversal still unlikely.Break below 1175.35 levels can be seen...
Greek tension takes toll on European assets
Jun 15, 2015 08:55 am UTC| Insights & Views
European assets are taking a besting today as walks broke abruptly and inconclusively among Greek government officials and Euro zone creditors. Greek government is going to face hard time, if it fails to live up to the...
Swiss economy shows signs of life after first quarter setback
Jun 15, 2015 08:15 am UTC| Insights & Views
Swiss economy is still suffering as Franc shock is slipping through real economy. Swiss National Bank (SNB) unexpectedly removed 1.20 EUR/CHF peg, leading to heavy appreciation in Francs value. CPI and PPI remains...
Gold hedge funds edgy ahead of Fed's meet
Jun 15, 2015 07:43 am UTC| Insights & Views
Bullion updates:Holdings in SPDR Gold Trust, the worlds largest gold-backed exchange-traded fund, fell 0.03 % to 703.98 tonnes on Friday, the lowest since 2008 due to US Fed meeting on interest rate policy.According to US...
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report