
PBoC’s buying provides confidence to gold bugs
Aug 17, 2015 14:21 pm UTC| Insights & Views Central Banks
Gold bugs have started the week on happier note today, as report released by Peoples Bank of China (PBoC) showed that it has been active buyer in the gold market. Why China reporting gold reserve: In a bid to win...

Greek government faces confidence vote
Aug 17, 2015 13:43 pm UTC| Insights & Views
Last week on Friday, Greek government was able to pass the third bail-out program of 86 billion but not without heavy damage. 222 members of the parliament, voted in favor of the deal, while 64 voted against it and 11...
Bail in clause hit Greek banks today
Aug 17, 2015 13:24 pm UTC| Insights & Views
Euro zone finance ministers on Friday have agreed to new three year bail-out program under which Greek government will receive an assistance of 86 billion over the years of the program. However, the news has not been good...

Aug 17, 2015 13:12 pm UTC| Insights & Views
Observe price behavior of USDCAD as it has been showing demand and supply equation exactly at trendline supports and resistance lines with technical indicators to substantiate.For instance, the pair experienced supports...
Aug 17, 2015 12:44 pm UTC| Insights & Views
CFTC commitment of traders report was released on Friday (14th August) and cover positions up to Tuesday (11th August). COT report is not a complete presenter of entire market positions, since future market is relatively...

Lesson from history – FED hike and inflation expectations
Aug 17, 2015 12:43 pm UTC| Insights & Views
Whole focus of the market this year has been looming rate hike from FED. While policy officials have indicated that they are looking at various data points which would show further improvement in US labor market and make...
Commodity futures index (CRB) edges down on PBoC’s devaluation mechanism
Aug 17, 2015 12:06 pm UTC| Insights & Views
The solidifying the strength of USD and apprehensions over Chinese economy has been pressuring commodity markets. The CRB commodity index, the most tracked commodity futures index, is down 14 percent so far this year. The...