
WTI drops to new six-year low as supply glut remains a US phenomenon
Aug 14, 2015 12:03 pm UTC| Insights & Views
Today WTI dropped to new six year low since the rout started 14 months ago, in June 2014. WTI CFDs (contract for difference) traded as low as $39.55/barrel. Today at one point, Brent - WTI spread rose to almost...

Caution Warranted on GBP Longs
Aug 14, 2015 11:37 am UTC| Insights & Views
Cable sold off modestly on the day after BoEs first Super Thursday release of its rate decision, Quarterly Inflation Report and Minutes were taken dovishly by the markets. British construction output returned to moderate...

Euro is the new safe haven for European stocks
Aug 14, 2015 11:02 am UTC| Insights & Views
In recent past we have been arguing that Euro might be acting as a safe haven currency as massive policy easing from European Central bank has given it some characteristics of a safe haven currency. As of now, European...
Guide to today’s important data and events
Aug 14, 2015 09:49 am UTC| Insights & Views
Not many economic dockets scheduled for today, focus is on Euro zone GDP. Data released so far - France - Preliminary reading showed, Frances GDP failed to grow in second quarter from first, up 1% on yearly basis. Non...

Aug 14, 2015 08:46 am UTC| Insights & Views
As you can make out from the nutshell, bulls gaining buying interest as 1W ATM contracts showing positive flashes but this is yet to be confirmed in long run even on technical charts. The same ATM contracts for next 6...
FxWirePro: GBP/JPY calls ratio spread as trend to remain sideways or slightly bullish
Aug 14, 2015 07:13 am UTC| Insights & Views
Although EOD chart suggests some bearish signals such as shooting star appeared at 194.222, this should not be deemed as reversal as leading oscillators moving in convergence with the stagnant range 194.363 to 192.288 from...

Aug 14, 2015 06:42 am UTC| Insights & Views
Option Currency Hedging: Debit Put spreadsNo doubt upswings are rallying on this pair but any abrupt swings may turn adversely as we think the current uptrend is not that robust and long lasting, so weve tailored our...