Brent- WTI widens as stockpile increase
Feb 19, 2015 14:51 pm UTC| Insights & Views
Brent crude oil also known as UK oil fell to near parity on mid-January 2015 with its American counterpart West Texas Intermediate (WTI), since then the spread has increased giving it the upper hand over WTI. Our take on...
Growth in US slowed most among G7 counterparts
Feb 19, 2015 14:33 pm UTC| Insights & Views
Despite the growth optimism and positive outlook for the US economy, it is important to look at the GDP growth data in a different angle. Kindly note that India is not a G7 country, included to compare the growth of...
Federal Reserve minutes- inflation view
Feb 19, 2015 10:50 am UTC| Insights & Views
Yesterday at 19:00 GMT Federal Reserve (FED) published its monetary policy meeting minutes. Dollar suffered against its counterparts, after the release of the report since market observed some dovish tone in the report....
Inflation decelerates in Euro zone
Feb 19, 2015 09:55 am UTC| Insights & Views
Today one of the measures for euro area inflation was published at 7.45 am GMT. Todays Consumer Price Index (CPI) for January came at -1.1% mom and -0.4% YoY basis. Euro did not move much, as expected since market was...
Key points of latest Greek proposal
Feb 19, 2015 08:53 am UTC| Insights & Views
In the latest stand off between the Greek government and the Euro zone creditors continue. The Greeks have proposed a draft. Important points in the proposal- Greek government challenges the role of TROIKA (ECB, IMF,...
Awaiting first ever ECB minutes
Feb 19, 2015 07:26 am UTC| Insights & Views
Today European Central Bank (ECB) is going to publish the accounts of the January governing council meet at 12:30 pm GMT. In the January meet, ECB governing council announced Quantitative easing (QE) of 60 billion a...
FOMC minutes ahead, where is the dollar standing
Feb 18, 2015 17:04 pm UTC| Insights & Views
The minutes of last FOMC meeting will be published today at 7 pm GMT. Dollar so far has not moved much for the day as market awaits the release. Several notes- Evaluating the scenarios it seems, for todays reaction,...