Jun 03, 2015 07:25 am UTC| Insights & Views
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 12:30 GMT. Meeting is to be held in Frankfurt. Current policy...
Guide to today’s important data and events
Jun 03, 2015 06:45 am UTC| Insights & Views
Lot of economic dockets to be released today withhigh risk associated. Focus is on Euro zone inflation. Data released so far - Australia - GDP came better than expected in the first quarter, growing 0.9% q/q and 2.3%...
GBP/USD short term trend reversal, Delta on ATM call lures for hedging
Jun 03, 2015 06:28 am UTC| Insights & Views
Technical updates:The currency cross has taken support and began bouncing back exactly at 100% retracement soon after breaching the lower channel line at 1.52 levels.As shown in the daily graph the pair had breached lower...
Construction activity (Purchasing &Supply) fuels UK economic growth
Jun 03, 2015 06:22 am UTC| Insights & Views
Construction PMI in UK is printed positively at 55.9 which is a way beyond forecast at 55.1. We expect this positive number has to boost the economic growth.As a result, the pound climbed up against the US dollar on...
Jun 02, 2015 15:24 pm UTC| Insights & Views
Equities are red across globe today. Performance this week at a glance in chart table - SP 500 - SP is down as weaker factory orders pose doubts on US economic strength. ISM New York came at 54 in May, lower than...
Jun 02, 2015 15:00 pm UTC| Insights & Views
Energy pack is trading in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has broken above $61, failed to hold on to gains. Todays range $61.2-60.1 WTI still remains vulnerable but might...
Commodities snapshot (precious & industrial)
Jun 02, 2015 14:39 pm UTC| Insights & Views
Metals performance is lacklustre despite weaker dollar. Performance this week at a glance in chart table - Gold - Gold is up today, but dropped sharply below $1200 mark yesterday. Likely to consolidate ahead of NFP...