US dollar is weak, yield is not
Jun 11, 2015 12:49 pm UTC| Insights & Views
US dollar is weakening against major counterparts steadily as Dollar index failed to break above 97.7 area. Fall in US dollar have been significantly large. After Fridays stronger than expected jobs report provided the...
US really needs stronger retail sales
Jun 11, 2015 12:03 pm UTC| Insights & Views
Today at 12:30 GMT, US Census Bureau will declare retail sales figure for May. In April retail sales excluding autos grew by 0.1%, while headline figure failed to grow at all. Today market is expecting solid growth in...
Zero-cost-collars for bullion market bulls
Jun 11, 2015 11:33 am UTC| Insights & Views
The turbulent bullion market seems to be quite controlled in European session.Bulls looking to capture the swings on the eve of expectation surrounding over good set of US retail activity backed by recent surge in auto...
Gold lingering as dollar gains ahead of US retail activity data
Jun 11, 2015 10:52 am UTC| Insights & Views
The US dollar index was up about 0.45% to 95.02 earlier today.As a result, Gold futures for August delivery dropped $3.30 or 0.28 in percentage terms, to trade at $1182.20 a troy ounce during earlier European session.The...
Can Australia keep employing its people?
Jun 11, 2015 10:30 am UTC| Insights & Views
Today Australia released unemployment report that showed further improvement took place in May. Full time employment rose by 147,000 and part time employment rose by 273,000, which pushed unemployment rate lower to 6.1%...
Confront NZD/USD’s steep declines with Calendar Spreads
Jun 11, 2015 09:04 am UTC| Insights & Views
Unexpected and inevitably imposed OCR rate cut by RBNZ are adding fuel to bearish momentum on NZD/USD fluctuation.However, near term crucial support is seen at 0.6817 levels if further dips below 0.700 levels on closing...
Risk Bank still likely to reduce rates in spite of inflation comeback
Jun 11, 2015 08:46 am UTC| Insights & Views
Swedish Krona is cheering higher today as report showed that inflation returned in May. However it is too early to say the deflationary pressure have subsided. Prices dropped by -0.2% y/y in April after positive inflation...