Why Euro less bothered over fresh Greek election?
Aug 21, 2015 15:32 pm UTC| Insights & Views
Euro is up close to percent against Dollar today, in spite of Greek Prime Minister Alexis Tsipras resigning office making way for a snap election next month, September 20th. Why Euro is less bothered on Greek...

Flash PMI gives reason to doubt US’s resilience
Aug 21, 2015 14:38 pm UTC| Insights & Views
Preliminary reading of Markit manufacturing PMI dipped to 52.9 in August compared to final reading of 53.8 in July. Analysts were expecting no change. Key highlights Business conditions dropped to 22 months low in...

FXWirePro: Kiwi to test 0.7 resistance against Dollar
Aug 21, 2015 13:54 pm UTC| Insights & Views
New Zealand Dollar has been among the worst hit developed market currencies this year. While Reserve bank of New Zealand might ease policy rates further to provide support to the ailing economy, hit hard by slowdown in...

VIX rose to highest since September rout
Aug 21, 2015 13:11 pm UTC| Insights & Views
Chicago Board Options Exchange SP volatility Index, known as VIX in short rose to highest since September rout in equity market. It used as fear gauge by market participants. As of now it seems, it is unlikely to...

FxWirePro: Short WTI crude futures or arbitrage
Aug 21, 2015 12:51 pm UTC| Insights & Views
Trade tips: Commodity futures and options Weekly technicals suggest still a healthy sell indications as RSI remained well below 30 levels (overbought region) and signaling downward convergence with the slumping prices...
Vega risks of WTI crude explains when to employ vertical BPS
Aug 21, 2015 12:48 pm UTC| Insights & Views
As per our forecasts WTI crude oil futures (CL!1) has been extending its loses from last months highs at around 59 levels to 47.44 in first stage and again below 42.22 levels (our 2nd target). Currently, on NYME,WTI crude...
What hit gold today and what lies ahead?
Aug 21, 2015 12:37 pm UTC| Insights & Views
Gold after rising sharply beyond $1150 area (our target) to trade as high as $1168, dropped sharply towards $1150 area. So what has hit gold today Key resistance - $1168-70/troy ounce is a key resistance for Gold....