
Jul 20, 2015 17:42 pm UTC| Insights & Views
Energy pack is in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is testing key level at $50/barrel. $54 area proved to be crucial resistance. Todays range $51.6-50.4 WTI is likely to...

Currency snapshot (major pairs)
Jul 20, 2015 17:14 pm UTC| Insights & Views
Dollar index trading at 97.88 (-0.08%). Strength meter (today so far) - Euro +0.22%, Franc -0.25%, Yen -0.17%, GBP -0.11% Strength meter (since last week) - Euro +0.22%, Franc -0.25%, Yen -0.17%, GBP -0.11% EUR/USD...

Jul 20, 2015 16:42 pm UTC| Insights & Views
Equities are all trading in green today as risk on sentiment returned. Performance this week at a glance in chart table - SP 500 - SP is marginally higher today, as VIX dropped to 18 month low. SP 500 is currently...

Commodities snapshot (precious & industrial)
Jul 20, 2015 15:53 pm UTC| Insights & Views
Metals, especially precious pack heavily down today. Performance this week at a glance in chart table - Gold - Gold dropped to lowest in 5 years as dollar gained ground. Todays range - $1135-$1085 Gold target is...

Pound struggles along with Yield
Jul 20, 2015 15:12 pm UTC| Insights & Views
Pound struggles to move higher against dollar this week, as UK 2 year yield is failing to push higher. UK short yields are struggling since Friday, as outlook remains clouded. Two forces are at work here. Bank of...

What’s not moving in China must move
Jul 20, 2015 14:37 pm UTC| Insights & Views
In last one year Chinese benchmark stock index, Shanghai composite moved up more than 150%, Chinese tech heavy Shenzhen index was up around 200%. From June Shanghai Composite dropped more than 50%. In last one year...

Big ETF outflow preceded today’s gold crash
Jul 20, 2015 13:53 pm UTC| Insights & Views
On Friday, gold tracking ETFs suffered worst daily outflow in since 2013. Investors pulled out $443.1 million according to Markit. Last week total outflow was $539 million, largest since March this year. ETF data shows,...