
May 29, 2015 12:21 pm UTC| Insights & Views
Today second estimate of US first quarter GDP will be released at 12:30 GMT. Market is expecting bad first quarter for US economy. Past trends - US has so far been on solid growth path, rising 5% and 2.2% in previous...

Oil shock might threaten European bank's exposure
May 29, 2015 11:54 am UTC| Insights & Views
Talks have been flying since crude oil price started collapsing in June 2014 and finally tumbled by more than 50% in 2015, that lower oil price will be causing havoc for oil exporting economies and will be beneficial for...

Real estate stands out as better investments in Euro Area
May 29, 2015 11:48 am UTC| Insights & Views
One thing is certain that European Central Bank (ECB) has once again brought Euro zone economy back from abyss and this time around economy has rebounded with a bang. With cheap money flowing from ECB at 60 billion/month...

USD/CAD likely to breach channel line
May 29, 2015 11:12 am UTC| Insights & Views
Technical Currency Derivatives Watch: USD/CADPair is currently testing resistance at 1.2428 which is nearing upper channel line. So, 1.2428 has been a crucial resistance for spike up to reach next upper channel. And it is...
Why is bull rally climbing on USD/CAD
May 29, 2015 11:09 am UTC| Insights & Views
The U.S. dollar rose to fresh six-week highs against its Canadian counterpart on Thursday.US jobless claims rose more than expected.Expectations for a U.S. rate hike in the near future.On the flip side, Canada has showed...

Middle East enjoys low production cost, suffers high fiscal breakeven
May 29, 2015 10:21 am UTC| Insights & Views
Saudi Arabia is pursuing strategy to crowd out the high cost producers from the market which has faced criticism from some while others remain in line with Saudis. The overproduction strategy seems viable since average...

CAPE indicates opportunity in Europe, while US is stretched
May 29, 2015 09:14 am UTC| Insights & Views
Fundamentally speaking US stock market seem somewhat stretched, as measured from CAPE ratio. Cyclically Adjusted Price to Earnings (CAPE) ratio was developed by is a valuation measure developed by Nobel Laureate Robert...