
Commodities snapshot (precious & industrial)
Dec 07, 2015 14:42 pm UTC| Commentary
Metal pack is red today. Performance this week at a glance in chart table - Gold - Gold is marginally down over profit bookings. Todays range $1078-1087 Gold is currently trading at $1080/troy ounce. Immediate...

Currency snapshot (commodity pairs)
Dec 07, 2015 14:05 pm UTC| Commentary
Dollar index trading at 98.81 (+0.47%) Strength meter (today so far) - Aussie -0.71%, Kiwi -1.33%, Loonie -0.92%. Strength meter (since last week) - Aussie -0.71%, Kiwi -1.33%, Loonie -0.92%. AUD/USD - Trading at...

Dec 07, 2015 13:51 pm UTC| Commentary
Energy pack is in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is sharply down as OPEC scrapped its ceiling in Fridays meeting. Todays range $40-$38.7 WTI is currently trading at...
Goldman Sachs revises its Euro sub-parity call
Dec 07, 2015 13:05 pm UTC| Commentary
United States largest investment followed in the footsteps of many analysts and banks revising their target for Euro/Dollar parity. We have also revised our call for parity from near term to medium term. We in the near...
Energy takes toll on Norwegian manufacturing
Dec 07, 2015 12:42 pm UTC| Commentary Economy
Fall in energy prices, Norways top exports is taking heavy toll in overall a manufacturing, extraction and mining sector. This slowdown is likely to worsen outlook for the country and its job market. Norway notably...
No sign of improvement in Taiwan exports
Dec 07, 2015 12:41 pm UTC| Commentary Economy
Taiwans exports are declined by 16.9% year on year in November against -11.0% in October. This is the largest fall since August 2009. On a month on month seasonally adjusted shipment exports are dropped by 3.8%., which...

FxWirePro: Euro outlook – upside possibilities in short term
Dec 07, 2015 11:49 am UTC| Commentary
After Thursdays massive recovery in Euro, post European Central Banks (ECB), larger than ever disappointing stimulus, we are scaling back out near term outlook and call for parity. However it is important to distinguish...