Shorting WTI straddles fetch certain yields; best suitable for current range-bound trend
Jun 16, 2015 08:14 am UTC| Insights & Views
As stated in our previous post also the range bounded trend for this commodity remains intact.We dont think prices to act drastically and evidence huge gap. The price band for this commodity is to remain within 56 on south...
WTI futures better choice over Brent futures; US crude banks upon inventory levels
Jun 16, 2015 08:08 am UTC| Insights & Views
Oil prices will rise in the long run, but in the short run there will be a pullback. Supply has been increasing, therefore adding pressure on oil prices in the short term.But long term projections of oil prices are on...
Jun 16, 2015 07:46 am UTC| Insights & Views
Today inflation reading will be published from UK at 8:30 GMT. Data set includes Consumer Price index (CPI), producer price index (PPI), and retail price index. Inflation readings will be closely monitored by both...
Guide to today’s important data and events
Jun 16, 2015 07:13 am UTC| Insights & Views
Lot of economic dockets are scheduled for today. However risks associated are moderate. Data released so far - Australia - New motor vehicles rose 0.8% in May from a year ago, much lower than prior 2.8% in April. Sales...
FxWirePro: Yen unmoved by Kuroda's remarks, Apply 1:2 call spread for USD/JPY
Jun 16, 2015 07:05 am UTC| Insights & Views
USD/JPY saw a 50-point rally as BoJ Gov Kuroda felt the need to clarify his comments from last week.BoJ Governor Kuroda said he was not trying to influence or predict the level of the exchange rate in his comments last...
FxWirePro: USD/CAD +ve delta binary calls likely to yield 15-20 pips
Jun 16, 2015 06:12 am UTC| Insights & Views
We emphasize the pullbacks in USD/CAD to support at 1.2312 and 1.2306 should be viewed as a buying opportunity as the current correction matures. A close above resistance against the June high at 1.2561 will be required...
Intraday trade with vega EUR/USD binary
Jun 16, 2015 05:51 am UTC| Insights & Views
Uncertainties lingering around the outcome of negotiations between Greece and its creditors remain the principal focus in the euro area, with further discussions today by the Euro Working Group ahead of the Euro group...
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
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight