May 28, 2015 11:59 am UTC| Insights & Views
Market participants are in confusion over the contrarian commentary from Greece and Euro zone officials. Greek officials have commented a deal is imminent and drafting to start on Wednesday and within moments it is played...

US realtors are bullish, turn FED officials hawkish
May 28, 2015 11:29 am UTC| Insights & Views
All housing market stats are surprising to upside this April. Building permits rose by almost 10% m/m while Housing starts grew by 20%. New home sales grew by 6.8% while existing home sales was slightly down but still...
Short hedge on AUD/JPY currency futures
May 28, 2015 10:52 am UTC| Insights & Views
The Japanese yen weakened on Thursday as the market assessed the April months retail sales and the prospects for continued easy monetary policy. Retail sales rose 5% YoY in April, the first rise in four months.The Japanese...

Lower oil revenue adds pressure on Riyal peg
May 28, 2015 10:36 am UTC| Insights & Views
Saudi Arabian Riyal has been pegged to US Dollar since 2003, officially at 3.75. This year the peg is experiencing pressure and volatility as dwindling oil revenue puts pressure on Saudi coffer. It was during 2008/09...

Supply glut back in focus as crude stocks rise
May 28, 2015 09:50 am UTC| Insights & Views
Crude oil supply glut is once again back in focus as API data shows storage increased this after three consecutive decline. Both the crude benchmarks are suffering from continued supply glut in the spot market that just...

Deep OTM Put offers Theta benefits on PRBS of AUD/NZD
May 28, 2015 09:15 am UTC| Insights & Views
Fonterra cut its forecast dairy payout for the 2014/2015 season from to per kilo of milk solids.But its opening forecast of for the 2015/16 season was higher than consensus (of around ). Fonterra cited improved...

May 28, 2015 08:56 am UTC| Insights & Views
Several sentiment indicators to be released from Euro zone at 9:00 GMT, today. The data most likely to show that sentiment has improved in May in spite of ongoing Greek debt debacle. In April overall sentiment moved down,...