
Improved fundamental factors drive sooner Fed’s rate hike
Jul 24, 2015 07:44 am UTC| Insights & Views
The recent unemployment data added to estimations for an upcoming U.S. rate hike after Federal Reserve ChairYellen gave hints on last week that the central bank is likely to raise rates at some point this year. A total of...
Lowest US unemployment claims raise hopes for Fed's rate hike but US equities remain sluggish
Jul 24, 2015 05:53 am UTC| Insights & Views
The weekly jobless claims of the US printed in at 255K their lowest level since 1973. These numbers have beaten the forecasts at 279K and also from the previous flash at 281K. We think these improved jobless numbers...

Currency snapshot (major pairs)
Jul 23, 2015 16:09 pm UTC| Insights & Views
Dollar index trading at 97.2 (-0.14%). Strength meter (today so far) - Euro +0.48%, Franc +0.17%, Yen +0.07%, GBP -0.52% Strength meter (since last week) - Euro +1.41%, Franc +0.28%, Yen +0.04%, GBP -0.43% EUR/USD...

Currency snapshot (commodity pairs)
Jul 23, 2015 16:05 pm UTC| Insights & Views
Dollar index trading at 97.24 (-0.10%) Strength meter (today so far) - Aussie +0.03%, Kiwi +0.43%, Loonie +0.19%. Strength meter (since last week) - Aussie +0.10%, Kiwi +2.06%, Loonie -0.55%. AUD/USD - Trading at...

Commodities snapshot (precious & industrial)
Jul 23, 2015 15:16 pm UTC| Insights & Views
Metals pack tried to gain back ground today, however found sellers at key resistance.. Performance this week at a glance in chart table - Gold - Gold tested $1100 mark, however failed to hold gains as initial jobless...

Jul 23, 2015 14:59 pm UTC| Insights & Views
Energy pack is marginally up today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has broken key level at $50/barrel. Todays range $49-49.6 WTI is likely to fall towards $42 area. The drop might...

Housing segment shows clear signs of inflation
Jul 23, 2015 13:31 pm UTC| Insights & Views
If one is looking for inflation in US, one needs only to look at housing market, where prices are rising steadily. Median sales price for both new homes and existing homes has crossed their pre-crisis peak. At the peak...