
Currency snapshot (commodity pairs)
May 18, 2015 14:16 pm UTC| Insights & Views
Dollar index trading at 93.97 (+0.80%). Strength meter (today so far) - Aussie -0.47%, Kiwi -1.05%, Loonie -1.01%. Strength meter (since last week) - Aussie -0.47%, Kiwi -1.05%, Loonie -1.01%. AUD/USD - Trading at...

Currency snapshot (major pairs)
May 18, 2015 14:00 pm UTC| Insights & Views
Dollar index trading at 93.86 (+0.68%). Strength meter (today so far) - Euro -0.80%, Franc -0.70%, Yen -0.43%, GBP -0.27% Strength meter (since last week) - Euro -0.80%, Franc -0.70%, Yen -0.43%, GBP -0.27% EUR/USD...
Crude moves up as fighting resumes in Yemen
May 18, 2015 13:34 pm UTC| Insights & Views
Crude oil shrugged of slump sharply today, over rising tensions in Middle East. Key updates - Saudi Arabia resumed bombing today, as five day truce ended and ignoring the call from UN to extend the truce to ensure...
More pressure piling up on Euro due to series of data releases
May 18, 2015 13:25 pm UTC| Insights & Views
Euro looks under pressure against all G7 currencies owing to this week full of significant data releases.The European markets will be reacting to a whole host of economic data coming out this week, says Nick Parsons of...

China steel prices points to further woes
May 18, 2015 12:55 pm UTC| Insights & Views
Chinese central bank, Peoples bank of China (PBOC) has cut interest rates three times in last six months along with cuts in reserve requirement ratio, margin requirement for second house purchase in a bid to boost Chinas...
Increased implied volatility in US draws attention on Credit Options
May 18, 2015 12:42 pm UTC| Insights & Views
IG yields up, HY yields down: It was a contrasting performance as both IG and HY saw spreads rally but IG yields headed higher to 1.46%, from 1.35% last week. In contrast, HY saw its yield stable and dropping to 3.95%...

Gold and silver indicates further dollar weakness
May 18, 2015 12:30 pm UTC| Insights & Views
Gold is currently trading at $1225/troy ounce, above its resistance around $1224 area and silver today has been testing 3 month high and looks very close to breaking above and move higher. Both of them are indicating that...