
Aussie reverses longest winning streak since 2009
Oct 13, 2015 13:04 pm UTC| Insights & Views
Australian Dollar has taken a back seat today, after its longest winning streak since 2009, as it advanced for past 9 days covering more than 350 pips gain against Dollar. Today Chinese trade data which showed, Chinas...
IEA counters OPEC with weaker growth forecast
Oct 13, 2015 12:35 pm UTC| Insights & Views
International Energy Agency (IEA) counters OPECs optimistic forecast for demand growth with its own expectations of much weaker number. OPEC now expects global oil demand to grow from 91.4 million barrels/day in 2014 to...

Events in Syria unlikely a key driver for oil prices
Oct 13, 2015 11:54 am UTC| Insights & Views
Violent conflicts have dramatically affected oil prices, especially when they occur in the Middle East. The potential for disruptions in supply, tend to send prices skyward. However, the rebound in the price of oil over...
New BOE MPC hire Gertjan Vlieghe is a mild dove
Oct 13, 2015 11:44 am UTC| Insights & Views Central Banks
Newest member of Monetary Policy Committee (MPC) of Bank of England (BOE) Gertjan Vlieghe, today in his first parliamentary hearing sounded as mild dove, though he reiterated majority view that rate hike is likely to be...

Sniffing a peg break series - HKD peg under pressure, trapped in FED hike and Chinese slowdown
Oct 13, 2015 11:18 am UTC| Insights & Views Central Banks
For almost a month Hong Kong Dollar peg is under strain on the strong side, prompting authorities to intervene in the market. Though, theoretically a central bank can protect a peg, on strong domestic currency side by...

Dollar breaks PDH, after 5 days of consecutive decline
Oct 13, 2015 10:34 am UTC| Insights & Views
After five days of consecutive decline, FXCM US Dollar index turned the corner and from interim support channel, suggesting there could be further gains in Dollar, though there is risk of further fall and break of interim...
Volkswagen scandal hits German sentiment hard
Oct 13, 2015 09:40 am UTC| Insights & Views
Sentiment has soured sharply among Germanys economist, analysts and business elite over the Volkswagen scandal. German car maker has installed micro-chip in its diesel cars to cheat environment scrutiny around the world...