
Commodities snapshot (precious & industrial)
Jan 03, 2017 13:21 pm UTC| Commentary
Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is marginally higher despite a stronger dollar. Likely to slide towards $1090 per troy ounce. Todays range $1159-1145 Gold...

Jan 03, 2017 13:16 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is sharply higher as production cut kicks in. Todays range $55.2-53.8 With an OPEC and non-OPEC deal done,...

Currency snapshot (commodity pairs)
Jan 03, 2017 13:12 pm UTC| Commentary
Dollar index trading at 103.43 (+0.53%) Strength meter (today so far) Aussie +0.33%, Kiwi -0.16%, Loonie -0.04% Strength meter (since last week) Aussie +0.56%, Kiwi +0.33%, Loonie -0.15% AUD/USD Trading at...

Jan 03, 2017 13:07 pm UTC| Technicals Commentary
On intraday charts (4H charts), despite the upswings in thelast couple of trading sessions, we traced out an engulfing bearish candle pattern at 1.0695 levels after testing resistance at 21SMA that evidences the weakness...

Currency snapshot (major pairs)
Jan 03, 2017 13:07 pm UTC| Commentary
Dollar index trading at 103.43 (+0.53%) Strength meter (today so far) Euro -0.64%, Franc -0.62%, Yen -0.61%, GBP -0.02% Strength meter (since last week) Euro -1.14%, Franc -1.32%, Yen -1.19%, GBP -0.49% EUR/USD...
Canadian bonds sag following firmness in energy prices; TSX to open positive
Jan 03, 2017 12:52 pm UTC| Commentary
The Canadian bonds started 2017 on a weaker note Tuesday as investors moved away from safe-haven buying following firmness in energy prices. The yield on the benchmark 10-year bond, which moves inversely to its price,...
China worries likely shadow metal markets in 2017
Jan 03, 2017 12:39 pm UTC| Commentary
Metalsended the year 2016 in a positive tone; as a pack, the returns on metals were only second to energy, which found support in the OPEC and N-OPEC deals. For example, iron ore the key ingredient for steelmaking,...