
Commodities snapshot (precious & industrial)
Apr 09, 2015 14:30 pm UTC| Insights & Views
Metals performance are mixed in todays trading, precious pack is down while industrial remains up. Performance this week at a glance in chart table - Gold - Gold marginally lost grounds today, however maintaining well...

Lower coal price claims victims
Apr 09, 2015 13:12 pm UTC| Insights & Views
Central Appalachian metallurgical and thermal coal producer Xinergy and its 25 subsidiaries have filed for Chapter 11 bankruptcy in Virginia. Price of thermal coal, this year dropped below $50/ ton as demand from china...

Currency snapshot (commodity pairs)
Apr 09, 2015 12:57 pm UTC| Insights & Views
Dollar index trading at 98.12 (+0.07%). Strength meter (today so far) - Aussie +0.70%, Kiwi +0.74%, Loonie +14%. Strength meter (since last week) - Aussie +1.96%, Kiwi +0.58%, Loonie -0.40%. AUD/USD - Trading at...

Currency snapshot (major pairs)
Apr 09, 2015 12:33 pm UTC| Insights & Views
Dollar index trading at 98.15 (-0.10%). Strength meter (today so far) - Euro -0.09%, Franc -0.24%, Yen +0.17%, GBP -0.28% Strength meter (since last week) - Euro -1.73%, Franc -1.77%, Yen -0.83%, GBP -0.52% EUR/USD...

Worsening current account to weigh on Pound
Apr 09, 2015 11:41 am UTC| Insights & Views
Today UK trade statistics were published from office of national statistics (ONS), which showed current account deficit widened, especially in goods and with EU. Key highlights - UKs deficit on trade in goods and...

Top currency performer in 2015 – Ruble
Apr 09, 2015 10:58 am UTC| Insights & Views
Ruble after dismal performance last year, is the best performer this year. Ruble is up, 12.5% against dollar, 22% against Euro and 18% against pound. It even appreciated 10.5% against Swiss Franc. However, due to last...
FED becomes victim of currency wars
Apr 09, 2015 10:14 am UTC| Insights & Views
Latest FOMC minutes released yesterday, shows FED officials remain worried about strength of the Dollar which has pushed policymakers to rethink rate hike. In 2013, during emerging market currency fallout, currency war...