Canadian dollar jumping to surge on healthy housing business
Jun 09, 2015 06:20 am UTC| Insights & Views
The Canadian new building permits rose way beyond forecasted numbers in April fuelling optimism over the health of the countrys real estate sector official data showed on Monday.The statistic Canada reported these numbers...
Jun 08, 2015 13:46 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, as global sentiment deteriorated. Todays...
Currency snapshot (major pairs)
Jun 08, 2015 13:22 pm UTC| Insights & Views
Dollar index trading at 95.93 (-0.44%). Strength meter (today so far) - Euro +0.72%, Franc +0.23%, Yen +0.35%, GBP +0.10% Strength meter (since last week) - Euro +0.72%, Franc +0.23%, Yen +0.35%, GBP +0.10% EUR/USD...
BPS safeguards US traders’ cost of hedging
Jun 08, 2015 12:58 pm UTC| Insights & Views
The dollar remained mostly advancing against the major baskets of currencies after an above forecastUS jobs reportbolstered expectations for a rate hike from the Federal Reserve later this year.The US has added 280k jobs...
Commodities snapshot (precious & industrial)
Jun 08, 2015 12:56 pm UTC| Insights & Views
Metals are the weak in spite of dollar weakness. Performance this week at a glance in chart table - Gold - Gold is up from Fridays low, still below $1178 level. Todays range $1177-1169. Gold might reach $1152 area,...
Jun 08, 2015 12:42 pm UTC| Insights & Views
Energy pack is down today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is treading water awaiting further cues. Todays range $59.2 -58.4. WTI struggling to break the dojis as it continues...
Chinese economy likely to pick up in Q2
Jun 08, 2015 12:15 pm UTC| Insights & Views
The Chinese economy has been slowing and yet it is projected by many analysts as a sustainable bull market, little ambiguous? Yet it is believable.There has been a disparity between gross domestic product (GDP) growth and...