Nov 09, 2015 16:13 pm UTC| Insights & Views
Energy pack is trading in red. Weekly performance at a glance in chart table. Oil (WTI) WTI continuing its post-NFP sell off, further downside remains open. Todays range $43.6-45.1 WTI is currently trading...
Commodities snapshot (precious & industrial)
Nov 09, 2015 15:58 pm UTC| Insights & Views
Metal pack is trading in red. Performance this week at a glance in chart table Gold Gold bulls are lacking conviction and gold is on the verge of falling for ninth consecutive days. Gold is currently trading at...
Currency snapshot (major pairs)
Nov 09, 2015 15:43 pm UTC| Insights & Views
Dollar index trading at 99.11 (-0.08%). Strength meter (today so far) - Euro +0.13%, Franc +0.04%, Yen -0.08%, GBP +0.35% Strength meter (since last week) - Euro +0.13%, Franc +0.04%, Yen -0.08%, GBP...
HSBC, market maker in Yuan-Franc
Nov 09, 2015 14:41 pm UTC| Insights & Views
Another evidence that China is in no mood to step down reform but to accelerate it in its bid not only to gain Yuan a seat at International Monetary Funds (IMF) Special Drawing Rights (SDR) basket but to increase global...
Gold bulls lack conviction even after 8 days of consecutive decline
Nov 09, 2015 13:05 pm UTC| Insights & Views
Even after 8 days of consecutive decline, gold bulls are still struggling to find a minimum rhythm to break the bear momentum. In past decade Gold has declined only three times for eight consecutive days and once for...
NFP report and Bihar election hit Rupee hard
Nov 09, 2015 11:30 am UTC| Insights & Views
Fridays non-farm payroll report, coupled with current governments setback in Bihar election has seriously unsettled Rupee, which is back trading close to its all-time low against Dollar. Rupee in the spot market is...
Key ideas that will drive foreign exchange markets ahead
Nov 09, 2015 11:09 am UTC| Insights & Views
Economic, monetary, and political developments in the US (within the developed world) and in China (within the emerging-market world) will continue to drive market sentiment across asset classes. Tensions are de-escalated...
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