Steady MPC votes might push pound higher
Apr 22, 2015 07:54 am UTC| Insights & Views
Pound traders are awaiting BOE minutes and might keep mute until the release. Bank of England (BOE) minutes will be released at 8.30 am GMT. Pound is trading around 1.496 this morning, showing strength this week with...
Crude falls as Saudis’ stop bombing, might be temporary
Apr 22, 2015 07:21 am UTC| Insights & Views
Saudi Arabia on Tuesday announced an end to Operation Decisive Storm, its coalition bombing campaign against Houthi rebels in Yemen. Crude oils bulls failed to maintain their ground on announcement giving up most of the...
Guide to today’s important data and events
Apr 22, 2015 07:19 am UTC| Insights & Views
Economic dockets are less today, with low risk associated. Data released so far - Australia - Westpac leading index dropped by -0.3% in March compared to 0.1% growth prior. Consumer price index grew at slower pace of...
Euro collapse continues as German investors face dilemma over Greece threats
Apr 22, 2015 06:10 am UTC| Insights & Views
The Centre for European Economic Research(ZEW) is signaling the further plunge in downgraded Euro currency caused by the Greeces exiting threats. This has been evidenced in the Germaninvestor sentiment index followed by...

Commodities snapshot (precious & industrial)
Apr 21, 2015 15:39 pm UTC| Insights & Views
Metals remained lackluster amid weaker dollar today in New York session. Performance this week at a glance in chart table - Gold - Gold is trading in a small range today, as bulls keep providing support around $1193...

Apr 21, 2015 15:19 pm UTC| Insights & Views
Energy segment performance is mixed so far this week. Weekly performance at a glance in chart table Oil (WTI) - WTI is gaining grounds this week, after bulls broke $54 level last week, as suggested earlier WTI might...

Apr 21, 2015 14:51 pm UTC| Insights & Views
Equities are all trading in green today, boosted by global risk on sentiment. Performance this week at a glance in chart table - SP 500 - US benchmark gained over 2100 level, however marginally up today. Redbook...