Brent crude edgy on worries of declining US oil rig count, hedge through futures
May 12, 2015 11:33 am UTC| Insights & Views
Brent crude oil decreased to 64.25 USD/BBL in May from 64.57 USD/BBL in April of 2015. Brent is beginning the new week of trading largely unchanged at $65.36 per barrel.In recent past it was perfect gamble on the US oil...

Labor market indicator say’s no hurry for FED
May 12, 2015 10:59 am UTC| Insights & Views
Last Friday NFP report showed 223,000 people were added to payroll making Marchs drop in employment gains a temporary phenomenon. However all labor market indicators are not as encouraging as NFP report. Last night US...
Rising yields across world, dwindle dollar’s yield advantage
May 12, 2015 10:13 am UTC| Insights & Views
Dollar is taking heavy hit today across board as yield are now rising beyond treasuries and at much faster rate. German 10 year yield has reached close to its Thursday high of 0.75%. Now trading at 0.728%, up nearly 13...
UK industries improved, domestic demand remains weak
May 12, 2015 09:46 am UTC| Insights & Views
UKs manufacturing and industrial production surprised on the upside in March as todays data showed. Manufacturing rose 1.1% in March on yearly basis and rose 0.4% m/m and industrial production rose 0.5% m/m and 0.7% on...

India’s April inflation to crawl up again, troubles rupee
May 12, 2015 09:32 am UTC| Insights & Views
It is expected that Indias headline CPI for April 2015 will likely print at around 5.21% YoY, a tad higher than the March CPI print of 5.17% YoY and well within the RBIs target of 6% by January 2016.At this point in time,...
Mexico plants optimism in its strengthening economy
May 12, 2015 08:37 am UTC| Insights & Views
IP growth sluggish in Q1 on passive US demand: We project further modest growth in March at 1.7% YoY to complete Q1 growth at 1.4% YoY versus growth of 2.0% in Q3 and 2.4% in Q4. The manufacturing sector led the slowdown...
Aussie jobless, low inflation rates points to slowing wages
May 12, 2015 08:29 am UTC| Insights & Views
Aprils unemployment rate: The jobless rate in Australia has increased to 6.20% in April of 2015 from last months 6.10%. Despite some month by month volatility, the jobless rate has been floating and stabilized between Q4...