Currency snapshot (commodity pairs)
Feb 24, 2016 14:50 pm UTC| Commentary
Dollar index trading at 97.77 (+0.34%) Strength meter (today so far) - Aussie -0.62%, Kiwi -0.48%, Loonie -0.40% Strength meter (since last week) - Aussie +1.51%, Kiwi +1.15%, Loonie +0.33% AUD/USD - Trading at...
Feb 24, 2016 14:40 pm UTC| Commentary
Equities are all red in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...
Feb 24, 2016 14:05 pm UTC| Commentary
Energy pack is red in todays trading. Weekly performance at a glance in chart table. Oil (WTI) - Saudi oil minister Ali Naimis no production cut comments, taking its toll over WTI, which is sharply down since last...
API reports surplus, while WTI awaits EIA report – calls updated
Feb 24, 2016 12:36 pm UTC| Commentary
WTI edged lower as Saudi oil minister Ali al-Naimi waters production cut hopes. Key factors at play in Crude market Venezuelas efforts and upbeat mood after recent production freeze announcement got watered down...
Norway’s weak oil investments likely to weigh on economy
Feb 24, 2016 11:59 am UTC| Commentary Economy
Norways Q1 oil investment survey suggested that oil investments declined by 14% in 2016 as compared to 2015 levels. The print was weaker than Norges Banks forecast of 11% decline. The decline was due to a 6 billion NOK...
Briferendum series: Brexit concern is local, not global
Feb 24, 2016 11:56 am UTC| Commentary
Concerns surrounding Britains referendum has already flattened Pound, since market opened on Monday. From Fridays closing at 1.44 against Dollar, Pound has fallen sharply against Dollar and now trading at 1.388 against...
Oil prices decline over Saudi Arabia and Iran disagreements
Feb 24, 2016 11:24 am UTC| Commentary
Oil prices continue to remain volatile as Brent and WTI declined by more than 4% yesterday. As a result, they lost most of the gains they had attained on the previous day. In the morning session, oil prices continued to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects