
Jun 01, 2015 14:42 pm UTC| Insights & Views
Energy pack is trading inred today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has bounced back last week from $56.7, strong dollar is suppressing bulls. WTI still remains vulnerable but might...

Commodities snapshot (precious & industrial)
Jun 01, 2015 14:24 pm UTC| Insights & Views
Metals are mixed today, precious is gaining while industrial falls. Performance this week at a glance in chart table - Gold - Gold has broken above $1200 mark. Likely to test $1224 resistance area once more. Gold...

Jun 01, 2015 13:45 pm UTC| Insights & Views
After starting the week in Strong footing Dollar was pushed back after PCE data revealed consumers refrained from increasing spending, while personal income improved. PCE details from US indicated that personal income...
Japanese low yield attracting bond issuers in Yen
Jun 01, 2015 13:12 pm UTC| Insights & Views
Record easing by Bank of Japan (BOJ) is making Yen attractive to issue bonds in. Lower yields in Yen and its upward trend against dollar makes it even more attractive for US based borrowers who are expecting their end...
Tough call on USDINR range-bound zone on RBI’s policy
Jun 01, 2015 13:05 pm UTC| Insights & Views
Inflation easing and may have bottomed out: The new series of CPI data evidences that inflation may have bottomed out and may not continue to slow. And we do not wait for the RBIs target of 6% YoY by January 2016 to be...

Almanac spreads of EUR/GBP to hedge downside risks
Jun 01, 2015 12:39 pm UTC| Insights & Views
Lots of bearish stuffs are boiling on this pair. The formation of descending triangle on EURGBP pair is seen on weekly chart.We watch out watch for a move below triangle support at 0.7114 that will drag the pair to further...

Oil rebound boosts Russian growth forecast
Jun 01, 2015 12:34 pm UTC| Insights & Views
It seems that economists have been too pessimistic on Russia, with drop in oil prices and increased competition from Middle East oil producers and now they are turning to revise their projections. The World Bank has...