No trace of buying interests in WTI crude
Jul 16, 2015 10:25 am UTC| Insights & Views
WTI crude oil futures (CL!1) extending losses from last weeks 52.74 to 51.80. On NYME,crude oil futures for August delivery slumped 94 cents to trade at $51.80 a barrel during Europe morning hours. Prices were at around...
No appetite for Mexico’s oil pool
Jul 16, 2015 10:10 am UTC| Insights & Views
Mexicos oil hope suffers serious backlash from oil companies. Government auction to tender oil and gas blocks suffered serious hit. Notably it was Mexicos first oil and gas tender in history. No large scale major oil...
Regional outlook supports Yellen’s upbeat tone
Jul 16, 2015 09:48 am UTC| Insights & Views
As last night, US Fed Chair Janet Yellen sounded upbeat on US economic activities and interest rate hike, the Beige book showed that US regional economic activity is picking up. Beige book is released by US Federal...

All remaining FOMC meeting becomes possible rate changers
Jul 16, 2015 09:41 am UTC| Insights & Views
Most crucial question facing this year for both FED and market participants is that when US Federal Reserve will hike rates for the first time since 2006? To be more precise which of the remaining FOMC meetings will be...
“Greek debt-to-GDP ratio” cause of concern for IMF’s threat to stay away from bailout pact
Jul 16, 2015 09:25 am UTC| Insights & Views
Debt to GDP ratio: IMF threatens to pull out on back of European Commission issued its own, less stark forecast yesterday in which it mentioned the Greek debt-to-GDP ratio would be 165% in 2020 and 150% in 2022 if Athens...

FxWirePro: Hedge GBP/JPY with debit put spread to participate in uptrend
Jul 16, 2015 07:52 am UTC| Insights & Views
Among G10 pool, sterling received a shot in the arm from hawkish BoE governor Carney, who said that "the point at which interest rates may begin to rise is moving closer given the performance of the economy".But for today...
Jul 16, 2015 07:41 am UTC| Insights & Views
Technical Insights (GBP/JPY):On intraday chart, the pair has made a breakout of neckline at around 192.376 levels.Overall pattern on the pair fixes it bullish view for a 196.10-20 and its been a neckline breach of the...