Currency snapshot (major pairs)
Jun 09, 2015 15:43 pm UTC| Insights & Views
Dollar index trading at 95.28 (-0.04%). Strength meter (today so far) - Euro -0.11%, Franc -0.30%, Yen +0.22%, GBP +0.10% Strength meter (since last week) - Euro +1.44%, Franc +0.99%, Yen +1.01%, GBP +0.60% EUR/USD...
Jun 09, 2015 15:25 pm UTC| Insights & Views
Energy pack is sharply up today. Weekly performance at a glance in chart table. Oil (WTI) - WTI seems ready to challenge doji high around $63 and move higher. Todays range $60.2 -58.2. Target for the downside is...
Jun 09, 2015 15:04 pm UTC| Insights & Views
Equities are trading in red today over Greek concern and FED hike expectation over stronger Non-farm. Performance this week at a glance in chart table - SP 500 - SP is down, amid global risk aversion. Todays range...
German 10 year yield is back threatening 1%
Jun 09, 2015 14:26 pm UTC| Insights & Views
After last Wednesdays attempt to break above 1%, 10 year yields are once again back today threatening the level. After failed attempt last week, yields dropped towards 0.82% and kept hovering around the level. Today it...
OPEC’s quota doesn’t mean much as members boost output
Jun 09, 2015 13:57 pm UTC| Insights & Views
In spite of rebound in oil price, supply glut in global crude oil market remains persistent. OPEC members met in Vienna to discuss their strategies related to oil market this month and left the production target 30...
Euro’s roller coaster ride traps traders both side
Jun 09, 2015 13:18 pm UTC| Insights & Views
Traders are getting trapped with stop losses getting hit as Euro continues its roller coaster ride since April. Euro made bottom on 15th April around 1.05 against dollar and rose steadily from there to reach 1.145 by...
Chinese import volumes increase trade surplus
Jun 09, 2015 13:02 pm UTC| Insights & Views
Chinas trade surplus has widened remarkably in recent quarters reflecting both falling import prices and weak import volumes.In particular, Chinas oil import bill fell by US$42.9 billion from a year ago in 1Q15,...