Guide to today’s important data and events
May 27, 2015 07:18 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on BOC rate decision. Data released so far - Australia - Westpac leading index rose 0.1% m/m in April. Construction work done for the first quarter dropped by...
Streets tend to disregard policy change by BoC
May 27, 2015 07:15 am UTC| Insights & Views
BoC Interest Rate Decision: Todays Bank of Canada policy meeting is unlikely to lead to any policy change. The benchmark interest rate in Canada was last recorded at 0.75%.Whats hindering policy change: The recent rebound...

Put call parity of GBP/USD straddle
May 27, 2015 06:49 am UTC| Insights & Views
Here the portfolio contains the same expiration value with two different currency derivatives instruments of same underlying currency then they must have the same present value.Else, arbitrager can go long on the...
Greece crisis – highlights of G7 summit; US likely to insist EU to address issues meticulously
May 27, 2015 05:47 am UTC| Insights & Views
It is going to be a quite day for new economic data with no releases of note. The G7 finance ministers and governors of central banks begin a three day summit today in Germany but little concrete is expected.The Vital...

Currency snapshot (commodity pairs)
May 26, 2015 15:03 pm UTC| Insights & Views
Dollar index trading at 97.2 (+0.85%). Strength meter (today so far) - Aussie -1.02%, Kiwi -0.88%, Loonie -0.93%. Strength meter (since last week) - Aussie -1.05%, Kiwi -0.77%, Loonie -1.24%. AUD/USD - Trading at...

Currency snapshot (major pairs)
May 26, 2015 14:46 pm UTC| Insights & Views
Dollar index trading at 97.3 (+0.95%). Strength meter (today so far) - Euro -0.75%, Franc -0.45%, Yen -1.27%%, GBP -0.65% Strength meter (since last week) - Euro -1.07%, Franc -0.77%, Yen -1.39%, GBP -0.70% EUR/USD...

Commodities snapshot (precious & industrial)
May 26, 2015 14:10 pm UTC| Insights & Views
Metals lost grounds further as dollar strengthen today. Performance this week at a glance in chart table - Gold - Gold has broken below $1200 mark and further downside looks very likely. Bearish target is coming...