
US swing producers pose challenge to Saudi Arabia’s oversupply strategy
May 20, 2015 12:21 pm UTC| Insights & Views
Saudi Arabia has ignored calls for any production cut instead pursuing oversupply strategy to push prices lower in a bid to crowd out the market. Lower price was expected to push producers in North America to cut...

Crude oil lingering on EIA inventory reports
May 20, 2015 12:12 pm UTC| Insights & Views
EIA Crude inventories to be announced today: Inventory level of crude oil in the US decreased by 2.191 BBL/1Million in the week ended May 9th, 2015 as reported by the US EIA (Energy Information administration). It also...
May 20, 2015 11:26 am UTC| Insights & Views
Today US Federal Reserve will release minutes of its April meeting at 18:00 GMT. Minutes release usually add to high market volatility, however todays minutes may not provide much of a direction to dollar. However it is...

New capacity addition fuels natural gas demand
May 20, 2015 08:58 am UTC| Insights & Views
Natural gas is trading in Bullish tone especially for last three weeks. Price has challenged key resistance area around $3.03/mmbtu and traded as high as $3.11/mmbtu. Price is up almost 25% from its recent low around...
May 20, 2015 08:39 am UTC| Insights & Views
Japans Q1 GDP was better than expected at 0.6% QoQ, 2.4% annualized while forecast was at 0.4% as reported by the Cabinet Office, Japan.Indonesia left rates on hold as anticipated.Shanghai stock index goes up 3.1%, but not...

Steady MPC votes would provide support to pound
May 20, 2015 08:12 am UTC| Insights & Views
Pound traders are awaiting BOE minutes as pound has taken a heavy hit over weaker than expected inflation data yesterday amid stronger dollar. Bank of England (BOE) minutes will be released at 8.30 am GMT. Pound is...
Low volatility portrays Condor Spreads construction on USD/CHF
May 20, 2015 08:10 am UTC| Insights & Views
ZEW/Credit Suisse Economic Sentiment Index: ZEW Economic Sentiment Index in Switzerland increased to -23.20 in April of 2015 from -37.90 in March of 2015 as reported by the Centre for European Economic Research (ZEW). UBS...