NPV of ATM Call Option signifies ideal hedging cost on NZDUSD
May 20, 2015 13:18 pm UTC| Insights & Views
FOMC Meeting Minutes: This evenings minutes of the FOMC April meeting will also be scrutinized for variations in individual outlooks rather than providing any significant guidance on the likely timing of a rise in the...
US oil ban lift off could become reality sooner than expected
May 20, 2015 13:13 pm UTC| Insights & Views
Oil market participants have been focusing on risk supply risk arising from Iranian sanction liftoff, however a greater risk now looms in horizon and that is US export ban liftoff which has been in play since 1970 to...
US swing producers pose challenge to Saudi Arabia’s oversupply strategy
May 20, 2015 12:21 pm UTC| Insights & Views
Saudi Arabia has ignored calls for any production cut instead pursuing oversupply strategy to push prices lower in a bid to crowd out the market. Lower price was expected to push producers in North America to cut...
Crude oil lingering on EIA inventory reports
May 20, 2015 12:12 pm UTC| Insights & Views
EIA Crude inventories to be announced today: Inventory level of crude oil in the US decreased by 2.191 BBL/1Million in the week ended May 9th, 2015 as reported by the US EIA (Energy Information administration). It also...
May 20, 2015 11:26 am UTC| Insights & Views
Today US Federal Reserve will release minutes of its April meeting at 18:00 GMT. Minutes release usually add to high market volatility, however todays minutes may not provide much of a direction to dollar. However it is...
New capacity addition fuels natural gas demand
May 20, 2015 08:58 am UTC| Insights & Views
Natural gas is trading in Bullish tone especially for last three weeks. Price has challenged key resistance area around $3.03/mmbtu and traded as high as $3.11/mmbtu. Price is up almost 25% from its recent low around...
May 20, 2015 08:39 am UTC| Insights & Views
Japans Q1 GDP was better than expected at 0.6% QoQ, 2.4% annualized while forecast was at 0.4% as reported by the Cabinet Office, Japan.Indonesia left rates on hold as anticipated.Shanghai stock index goes up 3.1%, but not...