UK construction output slows down in spite of supply shortage

Sep 11, 2015 09:10 am UTC| Insights & Views Economy

According to latest data, UK construction output contracted by 1% in July from June, while economists were expecting growth of 0.5%. This week Halifax house prices showed property prices in UK went up 2.7% in August,...

Why recovery in Nickel price won’t be easy to come by?

Sep 11, 2015 09:08 am UTC| Insights & Views

Nickel price was trading around $50,000/ton before financial crisis and after six years from the crisis and so much of stimulus from global central banks, Nickel is hovering around $10,000/ton. Nickel price will not be...

FxWirePro: Rising IV, negative delta risk reversal ahead of Fed’s meet keeps USD/JPY elevated – short put ladder for swing trading

Sep 11, 2015 07:44 am UTC| Insights & Views

We anticipate the Yen would continue to gain in future although upswings for the moment are rallying on this pair but any abrupt swings may turn adversely as we think todays upswing is not that robust and long lasting, so...

Guide to today’s important data and events

Sep 11, 2015 05:53 am UTC| Insights & Views

Not many economic dockets scheduled for today, all with low to medium risks associated. Upcoming - Germany - Consumer price index to be released at 6:00 GMT. No major impact expected over Euro, might generate...

Commodities snapshot (precious & industrial)

Sep 10, 2015 18:42 pm UTC| Insights & Views

Metal pack is trading in green today. Performance this week at a glance in chart table - Gold - Gold is marginally up from support around $1100 area. Todays range - $1115-$1103 Sell gold with target around $1070 area...

Commodities snapshot (energy)

Sep 10, 2015 17:42 pm UTC| Insights & Views

Energy pack is in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is recovering from yesterdays loss. Todays range $46-43.3 WTI is currently trading at $45.6/barrel. Immediate support lies...

Currency snapshot (commodity pairs)

Sep 10, 2015 17:30 pm UTC| Insights & Views

Dollar index trading at 95.54 (-0.42%) Strength meter (today so far) - Aussie +1.66%, Kiwi +0.61%, Loonie +0.55%. Strength meter (since last week) - Aussie +2.36%, Kiwi +0.35%, Loonie +0.50%. AUD/USD - Trading at...