
Sweet recovery in sugar, raises hopes for soft commodities
Oct 09, 2015 14:55 pm UTC| Insights & Views
Sugar price has reached highest level at least in seven months. March contract traded as high as 14.39 cents/pound. According to some analysts, dryness in India and harvest delays in Brazil have contributed to the...
Oct 09, 2015 13:37 pm UTC| Insights & Views
Bonds across globe were the best performer after US Federal Reserve chose to wait for further improvement in inflation and abroad before pulling the trigger in September meeting, however reverses some of the gains in...
Brazil’s Debt-to-GDP ratio hints poor fiscal data on the back of S&P downgrade
Oct 09, 2015 13:36 pm UTC| Insights & Views
Brazil loses its investment grade rating at SP, Outlook still Negative, on the contrary, Brazils fiscal situation must be resolved in the coming weeks. We observe, in August the consolidated public sector accounts posted a...
FxWirePro: Natural gas outlook – upside limited, focus on weather
Oct 09, 2015 12:55 pm UTC| Insights & Views
Natural gas taken support from $2.4/mmbtu has risen somewhat to trade around $2.5/mmbtu, however in spite of recent drop and improvement of mood towards commodity segment, upside could be very much limited in natural gas,...

FxWirePro: Copper outlook – Long in short term, short in long term – targets included
Oct 09, 2015 12:16 pm UTC| Insights & Views
Copper is well trapped under two force of Bulls and Bears. Bulls are pushing prices higher as weak payroll report last week raised the possibility that FED will keep interest rates unchanged and maintain ZRP (Zero...

Goldman Sachs, UBS slash metal price outlook, unimpressed by Glencore production cut
Oct 09, 2015 11:28 am UTC| Insights & Views
Glencores decision to cut zinc production by 500,000 tons is boosting prices today. Zinc is up 10% already, which makes it biggest single day rally in 26 years. However that is not stopping the investment banks to cut...

BoE rate hike likely in Feb 2016, subsequent higher rates to make GBP stronger
Oct 09, 2015 11:02 am UTC| Insights & Views Central Banks
The Bank of England kept its interest rates steady on Thursday as expected and showed no sign it was close to raising interest rates. Votes were split 8-1 once again to hold rates at a record lows, but the MPC voted...