
Aug 20, 2015 17:02 pm UTC| Insights & Views
Energy pack is mixed today, while oil is down, gas is up. Weekly performance at a glance in chart table. Oil (WTI) - WTI is trying to pose a comeback, however struggling since sellers still remain large enough to push...

New political uncertainty hits Greece
Aug 20, 2015 16:25 pm UTC| Insights & Views
Greek Prime Minister Alexis Tsipras is set to resign today after he lost his majority over bailout votes, in which almost 1/3rd of his party members revolted against third bailout package from Euro zone partners. The...

Is Reminbi devaluation a move of desperation?
Aug 20, 2015 15:33 pm UTC| Insights & Views
Peoples Bank of China (PBoC) last week devalued Yuan/Renminbi for three consecutive days. Offshore Renminbi fell from 6.2 against Dollar to trade as low as 6.59. However hovering close to 6.44 as of now against Dollar...

Natural gas bulls defend range floor
Aug 20, 2015 14:50 pm UTC| Insights & Views
Natural gas bulls were able to defend the range floor through FOMC minutes yesterday and Energy information Administrations (EIA) weekly inventory report today, suggesting bulls might push prices again higher to test the...

Chinese volatility spills over to Europe
Aug 20, 2015 14:21 pm UTC| Insights & Views
Chinese stock market is the most volatile in the world. At the peak of the crash, 5 day average of realized volatility reached close to 10% for its benchmark stock index Shanghai Composite. It has fallen substantially over...

Aug 20, 2015 13:27 pm UTC| Insights & Views
Pound and Dollar trade is war between two hawkish central bank. While FED is clearly ahead of Bank of England (BOE) this year, it is the subsequent hikes and contraction of balance sheet that will decide the pairs...
UK’s underlying economic current remains strong
Aug 20, 2015 12:55 pm UTC| Insights & Views
In spite of stronger Pound creating headwinds for exports and rate hike from Bank of England (BOE) looming ahead, UKs economy continued to show signs of improvement. According to latest survey from conference...