Crude oil seems ready to move higher
Jun 10, 2015 13:00 pm UTC| Insights & Views
Crude oil after five weeks of consolidation around $56-62/barrel, looks ready to push ahead higher once again today. Fundamentally speaking supply glut still remains a concern. According to latest data, Saudi Arabia,...
Trade ATM digital AUD/USD puts but call spreads for hedging
Jun 10, 2015 13:00 pm UTC| Insights & Views
Glenn Stevens the RBA governor reveals below key elements in his speech today.He confirms economy has not grown as per the expectation.Glenn Stevens is open for further monetary easing in order to ensure sustainable...
Swiss 10 year joins bund in the run
Jun 10, 2015 12:13 pm UTC| Insights & Views
Bund is not alone and Switzerland joins in along with other Euro zone countries in latest bond market rout. As German 10 year yield moved beyond 1% today, highest level since September last year, Swiss 10 year is back...
A glimpse on why Indian corporates disregard FX hedging
Jun 10, 2015 12:09 pm UTC| Insights & Views
It is noted that more than 50% of Indian companies in the BSE 500 index (excluding banking and financial services) have operating structures that have net foreign currency expenditures.They are debt driven companies who...
Jun 10, 2015 11:35 am UTC| Insights & Views
Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 21:00 GMT. Economic condition - New Zealands economy overall remained robust throughout past years however as of recent...
Upbeat retail sales of US stimulates economy
Jun 10, 2015 11:29 am UTC| Insights & Views
The Census Bureau will report on retail activity tomorrow and we expect this to be the strongest report in recent times. Hence, it is expected that much of the recent weakness to reverse in May.Impact on Fed: Better retail...
Sluggish UK manufacturing output; long binary calls & EOD put spreads
Jun 10, 2015 10:59 am UTC| Insights & Views
Mark Carney speaks today who will provide a summary of the monetary policy outlook.On the data front, manufacturing output MoM at -0.4% has disappointed the streets forecast at 0.1% that has not helped by export demand...