Sanctions on Iran to prevail despite Iran’s nuke pact but crude taking a ‘hit’; short strangles
Jul 14, 2015 13:16 pm UTC| Insights & Views
Iran nuke deal which will restrain Irans nuke activity and it struck with the deal with the hopes of much needed relief to Iran by lifting its economic sanctions. But the sanctions imposed on Iran will not be lifted until...
Who will pay what in Greece’s third bailout?
Jul 14, 2015 13:10 pm UTC| Insights & Views
European lenders have delivered a deal, to avert any disorderly exit of Greece from Euro zone. The package proposed by lenders is much larger at 86 billion than 53.5 billion asked by Greek Prime Minister Alexis...

Iran deal good for emerging Asia
Jul 14, 2015 12:40 pm UTC| Insights & Views
Iran has secured a nuclear accord with major world powers which will keep an Iranian Nuclear bomb at bay in return for sanctions removal. Deal is yet to be passed by US congress, however US president Barrack Obama has...
Jul 14, 2015 12:33 pm UTC| Insights & Views
Technical glance: (GBP/JPY)On weekly chart of this pair shows doji pattern on market peak which means an earlier trend reversal is boiling on. In additional to that there are hanging man patterns candles occurred at...

Jul 14, 2015 12:03 pm UTC| Insights & Views
US retail sales statistics for June will be released at 12:30 GMT, today. Why retail sales and US consumers are important? Domestic consumption of goods contribute about 25% of GDP or around $ 4 trillion as of...
Euro area Industrial production report highly concerning
Jul 14, 2015 11:59 am UTC| Insights & Views
Euro area industrial production dropped by -0.4% in May on monthly basis, which stands as worst decline since October last year. However production is still up by 1.6% from a year ago. Which sectors remain a drag to...
German and Italian data calm down euro sell-off stress after Greece bailout
Jul 14, 2015 11:43 am UTC| Insights & Views
The German ZEW has softened for three consecutive months, partly on the back of Greek-related tensions. On the other hand, euro area industrial production has disappointed with a contraction of -0.4% in May from over...