Currency snapshot (commodity pairs)
Jul 02, 2015 15:49 pm UTC| Insights & Views
Dollar index trading at 96.02 (-0.25%) Strength meter (today so far) - Aussie -0.07%, Kiwi +0.22%, Loonie +0.20%. Strength meter (since last week) - Aussie -0.26%, Kiwi -1.62%, Loonie -1.48%. AUD/USD - Trading at...
Jul 02, 2015 15:25 pm UTC| Insights & Views
Equities are all mixed today. Performance this week at a glance in chart table - SP 500 - SP is down today over profit booking before long and important weekend. NFP report showed payroll gains of 223,000 in June...
Commodities snapshot (precious & industrial)
Jul 02, 2015 14:50 pm UTC| Insights & Views
Metals are down today, as dollar maintained firmness. Performance this week at a glance in chart table - Gold - Gold is down today despite weaker than expected Non-farm. Todays range - $1156-$1169 Gold is currently...
Jul 02, 2015 14:29 pm UTC| Insights & Views
Energy pack is trading in red. Weekly performance at a glance in chart table. Oil (WTI) - WTI got support from weaker non-farm payroll data. Todays range $57.7-56.7 Target for the downside is coming around...
Euro group chair raise the stakes at Sunday’s referendum
Jul 02, 2015 13:53 pm UTC| Insights & Views
Dutch finance minister and Euro group chair, Jeroen Dijsselbloem has taken hard stance over Greek referendum on next Sunday. Speaking to parliamentary committee if the outcome of Sundays referendum is no, Greece will have...
With resignations looing, Tsipras team likely to camp tough in favor of NO
Jul 02, 2015 13:28 pm UTC| Insights & Views
Greek finance minister Yanis Varoufakis said that he would resign if people choose Yes to accept the lenders proposals. Mr. Varoufakis went as far as saying that he would cut off his arm before signing the accord. Greek...
FxWirePro: Trade US NFP using USD/CAD covered straddles
Jul 02, 2015 12:57 pm UTC| Insights & Views
Todays US key data (Unemployment claims) release for June has been flashed at 5.3% which is almost in line with streets expectation at 5.4% but little poor. But we reckon this as not a drastic market mover for loonie as...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects