Iran done deal weighs on oil, time to buy IRR
Jul 14, 2015 10:55 am UTC| Insights & Views
Six major world powers (US, UK, France, Russia, Japan and Germany) sealed a nuclear deal with Iran, which is at one hand likely to curb Irans nuclear ambition for decades and free up Iranian crude in already oversupplied...

FxWirePro: Hedge and speculate XAU/USD using Spreads and Combinations
Jul 14, 2015 10:47 am UTC| Insights & Views
The precious metal has been tumbling consecutively from last couple of weekly but it seems to test support at 1145.58 to bounce back. Falling wedge formation has occurred on weekly charting, since this is bullish pattern...

Bullion market hopes end of losing streak on wedge formation
Jul 14, 2015 10:42 am UTC| Insights & Views
Gold dropped 1% on Monday as the dollar gained against the euro after leaders struck a deal to negotiate a Greek bailout, while signals the USFederal Reserve was still on track to raise rates this year also weighed. Greece...

BOE’s Carney gives pound a lift
Jul 14, 2015 10:31 am UTC| Insights & Views
Bank of England (BOE) Governor Mark Carney maintained his hawkish outlook, pushing pound higher against all of its major trading partners. Speaking at a Treasury Committee hearing BOE governor Mr. Carney said that the...

Why inflation remains low in UK?
Jul 14, 2015 09:45 am UTC| Insights & Views
Inflation continues to stand between Bank of England (BOE) and its first rate hike after the 2008/09 crisis. Todays data showed, despite rising wages, growing GDP and improvement in retail sales, not only head line...
Guide to today’s important data and events
Jul 14, 2015 08:27 am UTC| Insights & Views
Lot of economic dockets scheduled for today, with high risks associated. Data released so far - Australia - National Australia banks business conditions rose to 11 in June from 6 prior, business confidence rose to 10...
Singapore's Q2 GDP growth alert overpriced USD/SGD ATM calls; spreads also seem expensive
Jul 14, 2015 07:31 am UTC| Insights & Views
The Singapores Q2 GDP showed a deeper contraction of -4.6% QoQ SAAR (+1.7% YoY) over previous quarter which is well below forecasts at 0.9%. The fall reversed a 4.2% gain inQ1.A glimpse on currency derivatives:...