Oil rises as bullish bets by speculators rose and rigs fell
Sep 21, 2015 13:44 pm UTC| Insights & Views
Oil price recovered sharply today from Fridays sharp sell offs as COT report released by CFTC after market closes on Friday that speculators, namely hedge funds have increased their bullish bets by most in two...
New Zealand – signs of domestic revival
Sep 21, 2015 12:41 pm UTC| Insights & Views
While commodity prices, agricultural and Milk is weighing on New Zealands economic outlook and its currency, domestic economy is showing recovery led by consumers. As per latest data from Reserve bank of New Zealand...
FxWirePro: Brent and WTI crude futures time spreads – the speculative trade ideas
Sep 21, 2015 12:40 pm UTC| Insights & Views
We recommend shorting NYMEX WTI futures contract of the March16 expiry against that of June16 contract. This calendar spread is trading below $0.40 /month, less than the storage costs in the Cushing area. With our revised...
U.S. policy measures support crude price but supply glut keeps it still edgy
Sep 21, 2015 12:35 pm UTC| Insights & Views
The underlying fact for ongoing drops of crude oil prices being supply glut, oil prices are broadly unchanged from last week as market participants awaited three key decisions from different branches of the US government...
Local macros and elections keep TRY on stress but dovish Fed’s stance bolsters continued rally
Sep 21, 2015 12:29 pm UTC| Insights & Views
Inflation projections noticeably grew higher approached almost 8% in CBTs September survey. And in addition to that Kurdish activists turned down to show their consent to any unilateral ceasefire, which had to be expected,...
MNI business barometer China – Future looks bleaker
Sep 21, 2015 12:11 pm UTC| Insights & Views
There seems to be no respite for Chinese weakness as business barometer by Market News International (MNI) showed further pull back. The MNI China Business Indicator showed sentiment fell in September, dropping 8.4...
Deflating German PPI likely to add pressure on ECB to act further
Sep 21, 2015 11:20 am UTC| Insights & Views
German gauge for factory prices continued to drop for 25 consecutive month and in August it dropped more than median expectation of the market. Producer prices dropped by -0.5% in August from July, down -1.7% on yearly...
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