Aug 03, 2015 12:34 pm UTC| Insights & Views
CFTC commitment of traders report was released on Friday (31st July) and cover positions up to Tuesday (28th July). COT report is not a complete presenter of entire market positions, since future market is relatively...

FxWirePro: AUD/USD delta risk-reversal signifies overpriced puts; HY gamma spreads for IV riddle
Aug 03, 2015 12:30 pm UTC| Insights & Views
Rationale: Prevailing implied volatility rates for AUD/USD ATM 1M-6M contracts are in range of 12% to 14%. But higher negative delta risk reversal indicates put contracts have been relatively costlier. In the nutshell,...

Difficult to keep good Koruna down
Aug 03, 2015 12:21 pm UTC| Insights & Views
The Czech National Banks (CNB) peg with Euro is clearly under threat as it is and going to be difficult to keep the good Czech Koruna down. Latest manufacturing PMI report showed, while many economies in Euro zone are not...

US personal consumption expenditure (June) preview
Aug 03, 2015 12:01 pm UTC| Insights & Views
Personal consumption, income data along with PCE price index would be released from US at 12:30 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend to...

Aug 03, 2015 11:37 am UTC| Insights & Views
Technical Inference:Bears in bullion market are testing channel line support at 1071 levels on weekly basis but prices are most likely to remain in range (1070-1105 levels), if it manages to hold then the marginal bounces...

Slowing Chinese economy needs more attention over stock market
Aug 03, 2015 11:16 am UTC| Insights & Views
Latest PMI report points at continued slowdown of Chinas robust manufacturing sector. Over the weekend, release of Chinas official PMI pointed at stalled growth for July with a reading of 50. Today, Caixin official PMI...

ECB’s quantitative easing increases European trading volume
Aug 03, 2015 10:38 am UTC| Insights & Views
European Central Bank (ECB) started its securities purchase program on March 2015 with 60 billion purchase per month. This massive and unprecedented easing by ECB has resulted in investors pouring money to the regions...