
Commodities snapshot (precious & industrial)
Jul 09, 2015 16:04 pm UTC| Insights & Views
Metals are trading in green today. Performance this week at a glance in chart table - Gold - Gold is up today, getting some bids of risk aversion and bouncing from support area. Chinese stocks bounce back improved the...

Jul 09, 2015 15:44 pm UTC| Insights & Views
Energy pack is mixed, while oil is up, gas is in red. Weekly performance at a glance in chart table. Oil (WTI) - WTI likely to maintain downside as 8 week range got broken to downside last week. WTI bounced back...

Jul 09, 2015 15:21 pm UTC| Insights & Views
Natural gas after prices after failing to clear above $2.85 resistance area, broken key support around $2.7/mmbtu. Natural gas is currently trading at $2.67/mmbtu. Today US Energy Information Administration (EIA)...
Greece presents Russian Gas deal worth € 2 billion
Jul 09, 2015 14:34 pm UTC| Insights & Views
Greek crisis seems to have no end to surprises. While Greece is trying to negotiate a third bailout deal with its creditors which is estimated to be sealed off by Sunday, Greek Energy Minister Panayiotis Lafazanis has...

Copper to move higher to test resistance areas
Jul 09, 2015 13:59 pm UTC| Insights & Views
Copper rose sharply after reaching crucial support area as Chinese concern eased somewhat as stock index rose 5.8% today, since the government took whatever it takes approach to cut short the fall. However as of now, it...
Dollar seems healthier but edgy on Fed’s decision; prefer ATM put in spreads
Jul 09, 2015 13:17 pm UTC| Insights & Views
Coming the day after the Budget and the Greek uncertainty so high, it seems difficult to imagine that even the hawks would choose this July MPC meeting to switch their vote in favor of a hike. So we anticipate that there...

Gold gains on safe haven bids – calls updated
Jul 09, 2015 13:17 pm UTC| Insights & Views
Today gold price is gaining ground as tension over China market eased somewhat. It seems gold might also be benefiting from safe haven bids. Whats driving gold higher? Metals as well as other commodities are moving up...