FxWirePro: Natural gas outlook – upside limited, focus on weather
Oct 09, 2015 12:55 pm UTC| Insights & Views
Natural gas taken support from $2.4/mmbtu has risen somewhat to trade around $2.5/mmbtu, however in spite of recent drop and improvement of mood towards commodity segment, upside could be very much limited in natural gas,...

FxWirePro: Copper outlook – Long in short term, short in long term – targets included
Oct 09, 2015 12:16 pm UTC| Insights & Views
Copper is well trapped under two force of Bulls and Bears. Bulls are pushing prices higher as weak payroll report last week raised the possibility that FED will keep interest rates unchanged and maintain ZRP (Zero...

Goldman Sachs, UBS slash metal price outlook, unimpressed by Glencore production cut
Oct 09, 2015 11:28 am UTC| Insights & Views
Glencores decision to cut zinc production by 500,000 tons is boosting prices today. Zinc is up 10% already, which makes it biggest single day rally in 26 years. However that is not stopping the investment banks to cut...

BoE rate hike likely in Feb 2016, subsequent higher rates to make GBP stronger
Oct 09, 2015 11:02 am UTC| Insights & Views Central Banks
The Bank of England kept its interest rates steady on Thursday as expected and showed no sign it was close to raising interest rates. Votes were split 8-1 once again to hold rates at a record lows, but the MPC voted...

David Cameron’s affordable housing promise at risk as construction output slows further
Oct 09, 2015 10:21 am UTC| Insights & Views
UK Prime Minister David Cameron I party conference this year announced that his government will take up measures to make the houses more affordable in UK as well as London. Property prices in London have sky-rocketed after...
Inflation remains biggest worry of FED
Oct 09, 2015 09:28 am UTC| Insights & Views Central Banks
Latest FOMC minutes released last night revealed what FOMC participants chose to skip lift off in September, as inflation remains biggest concern for most of the policymakers. Policymakers are worried that recent adverse...
FxWirePro: BoK stands pat, USD/KRW IRS trade ideas
Oct 09, 2015 09:18 am UTC| Insights & Views Central Banks
The Bank of Korea kept its benchmark rate steady on 11 September, as widely expected. Alongside the decision, BoKs governor Lee mentioned growth is still likely to hit the Banks 2.8% target this year. His comments that the...