IMF takes hard stance on Euro-Greco negotiation
Jul 17, 2015 14:25 pm UTC| Insights & Views
International Monetary Fund (IMF) will not be part of bailout plan, unless the full plan is laid out. As of now Greece has taken measures approved by the parliament, which will make it eligible for a third bailout...

QE plus more likely from ECB than taper
Jul 17, 2015 13:48 pm UTC| Insights & Views
June report shows that in spite of rise in inflation expectations, actual headline annual inflation remained weak at 0.2%, with countries like Greece, Slovenia, Cyprus, and Lithuania in deflationary territory. European...

FxWirePro: Vega suggests long USD/CAD iron butterfly for complacent bulls
Jul 17, 2015 13:11 pm UTC| Insights & Views
We can still extract returns from this pair even though exhausted bulls who think long lasting non-stop streak of bull run to take halt at this point. Yes, thats quite achievable from iron butterfly strategy.To execute...

Loonie going in dangerous zone as CAD remains indirectly proportional to crude
Jul 17, 2015 13:08 pm UTC| Insights & Views
The Fedis leaning towards rate hike mode, while the [Bank of Canada]is in a rate cut mode. The BoC is cutting its key interest rate for the second time this year, citing a larger-than-expected first half contraction and a...

Stock bulls once again profited on short volatility trades
Jul 17, 2015 13:03 pm UTC| Insights & Views
Yet another failed attempt from bears to break the SP 500, most stubborn of all indices. Greek crisis and increased possibility of a disorderly exit from Euro zone led SP 500 to test 2040 support area to prevail once...

Chinese fund flow as volatile as stock market itself
Jul 17, 2015 12:35 pm UTC| Insights & Views
Chinese stock market is the most volatile in the world, though in recent days daily as well as intra-day volatility has come down a lot. Few days back, 5 day average of realized volatility reached more than 7%, however...

Jul 17, 2015 11:57 am UTC| Insights & Views
Technical Inference:The precious metal has been tumbling consecutively from last couple of weeks but as stated in our earlier post it is testing support at around 1145 levels to bounce back. Falling wedge formation has...