
Currency snapshot (commodity pairs)
May 21, 2015 14:43 pm UTC| Insights & Views
Dollar index trading at 95.37 (-0.23%). Strength meter (today so far) - Aussie -0.02%, Kiwi +0.10%, Loonie -0.08%. Strength meter (since last week) - Aussie -1.89%, Kiwi -2.08%, Loonie -1.70%. AUD/USD - Trading at...

Commodities snapshot (precious & industrial)
May 21, 2015 14:21 pm UTC| Insights & Views
Metals are having another dull day. Performance this week at a glance in chart table - Gold - Bulls are once again struggling to pose a comeback in spite of dollar weakness and dovish FOMC minutes. Gold is...

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...