
May 21, 2015 13:58 pm UTC| Insights & Views
Energy pack is in consolidation mode. Weekly performance at a glance in chart table. Oil (WTI) - WTI moved higher taking cues from FED minutes as rate hike seem to be pushed and $58 provided the necessary...
Russia’s worst nightmare closes in
May 21, 2015 13:28 pm UTC| Insights & Views
Russia over past few years has been facing tough challenges over its economy and currency. Last year, Ruble has depreciated from just 35 to 80 per dollar. Central bank had to push interest rates as high as...
Indian policy makers firm on GST bill, INR under stress
May 21, 2015 13:26 pm UTC| Insights & Views
GST transformation uncertain in short term Abnormal FII outflow unlikely, adds pressure on legislators GST to set new tone on future capex plans Skepticism on MAT notices (68 notices) that have been issued earlier FII...
What else can save dollar? US Jobless data worse than forecast
May 21, 2015 12:56 pm UTC| Insights & Views
Data events today to produce ruckus in dollar:Manufacturing PMI: Current forecasts remains at 54.6 whilethis was decreased to 54.10 in April of 2015 from 55.70 in March of 2015.Jobless claims MoM: Dollar has been crawling...

Crack spread shows higher demand for end product and spot buying
May 21, 2015 12:47 pm UTC| Insights & Views
Crude oil price has fallen since last summer and still down more than 40% in spite of recent bounce back of more than 30%. While Crude oil market remains oversupplied and share prices have production companies have fallen...
Manufacturing shows signs of comeback in UK
May 21, 2015 12:14 pm UTC| Insights & Views
Manufacturing which has been lagging services sector in UK, showing signs of comeback, according to Confederation of British Industry (CBI). Moreover, improvement in the manufacturing industry was backed by both domestic...

EURGBP steep decline no trace of bouncing back; write covered put
May 21, 2015 11:53 am UTC| Insights & Views
Can the below events draw EURGBPs slumps to a halt..? Any which ways we suspect. ECB Monetary Policy Meeting that details the complete record of the ECB Governing Boards most recent meetings and shed lights on economic...