Weaker yen heats up currency war possibility in Asia
Jun 04, 2015 12:23 pm UTC| Insights & Views
Alarm bells are ringing all over Asia this week as yen touched thirteen year low against dollar at 125. Bells are hitting loudest in South Korea another export oriented economy, similar to Japan as Won hit below 9 mark...
Risk reward ratio on shortside attracts trading prospects
Jun 04, 2015 12:18 pm UTC| Insights & Views
Euro erased losses against greenback after the ECB kept the rates on hold.ECB held its benchmark interest rate at 0.05% which is in line with streets expectations.Draghis firm stand on its asset purchase would be a booster...
Cheaper Vega on GBP/USD strangles
Jun 04, 2015 11:51 am UTC| Insights & Views
Todays Bank of England MPC meeting has left rate policy unchanged which was quite expected upfront.Well, the data events for current calendar and market focus is on the US labour market report and the looming series of...
Don’t read too much into Greek stalemate now
Jun 04, 2015 11:45 am UTC| Insights & Views
Greek Prime Minister Mr. Alexis Tsipras, has rejected the final proposal offered to him by European Union president Jean Clause Juncker last night. However that does not mean that Greek deal is not coming. Greek Prime...
Super relaxed Draghi fuelled latest bond market rout
Jun 04, 2015 11:17 am UTC| Insights & Views
European Central Banks president Mario Draghis super relaxed attitude towards higher bond yields and volatility fuelled another set of rout in European bond market especially at longer end of the curve. Key comments from...
KRW eyes on Euro as a hedging alternative amid Grexit mess; IV adds fuel to chaos
Jun 04, 2015 10:27 am UTC| Insights & Views
On hedging front, the prevailing hot issues of Greece adds more pressure on Euro as Asian pairs started being choosy on Euro for cheap hedging cost perspectives.As shown in the nutshell it is figured out that from last...
CSI 300 shows reselience and extreme volatility
Jun 04, 2015 10:22 am UTC| Insights & Views
High level of volatility while considered as bad for stock markets, Chinese traders are learning not only to live with it but push the index higher. These are no signs as of now that Chinese stock Dragon is standing...