Aug 24, 2015 15:08 pm UTC| Insights & Views
Energy pack is trading in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI dropped further below to trade as low as $37.7/barrel. Todays range $37.7-40.5 Massive selloffs over China remains...
Currency snapshot (commodity pairs)
Aug 24, 2015 14:56 pm UTC| Insights & Views
Dollar index trading at 93.12 (-1.76%) Strength meter (today so far) - Aussie -1.26%, Kiwi -2.35%, Loonie -0.13%. Strength meter (since last week) - Aussie -1.26%, Kiwi -2.35%, Loonie -0.13%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Aug 24, 2015 14:31 pm UTC| Insights & Views
Dollar index trading at 92.90 (-2%). Strength meter (today so far) - Euro +2.4%, Franc +1.23%, Yen +1.2%, GBP +0.43% Strength meter (since last week) - Euro +2.4%, Franc +1.23%, Yen +1.2%, GBP...
Commodities snapshot (precious & industrial)
Aug 24, 2015 13:48 pm UTC| Insights & Views
Metal pack down, while gold holds on. Performance this week at a glance in chart table - Gold Golds is trading above $1160 area gaining on safe haven bids. Todays range - $1170-$1150. Gold is currently trading...
Aug 24, 2015 13:38 pm UTC| Insights & Views
Equities are worst performer today. Performance this week at a glance in chart table. SP 500 SP future is down more than 5% for the day. Todays range 1974-1872. Chicago FED national activity index rose to...
Chinese crisis - a necessary measure, not a slowdown
Aug 24, 2015 13:03 pm UTC| Insights & Views
Chinas economic slowdown and a spiky fall in its stock market herald not a crisis but a necessary modification for the worlds 2nd largest economy. New evidence of easing growth in China hammered global cues from Friday and...
FxWirePro: Trade ideas - Latin American exotic pairs
Aug 24, 2015 12:49 pm UTC| Insights & Views
The Brazilian economy likely contracted -2.7% YoY in Q2, and recent momentum leads us to cut our 2015 and 2016 growth forecasts substantially. Demand destruction at home is leading to a correction in the current account...
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects