May 20, 2015 11:26 am UTC| Insights & Views
Today US Federal Reserve will release minutes of its April meeting at 18:00 GMT. Minutes release usually add to high market volatility, however todays minutes may not provide much of a direction to dollar. However it is...

New capacity addition fuels natural gas demand
May 20, 2015 08:58 am UTC| Insights & Views
Natural gas is trading in Bullish tone especially for last three weeks. Price has challenged key resistance area around $3.03/mmbtu and traded as high as $3.11/mmbtu. Price is up almost 25% from its recent low around...
May 20, 2015 08:39 am UTC| Insights & Views
Japans Q1 GDP was better than expected at 0.6% QoQ, 2.4% annualized while forecast was at 0.4% as reported by the Cabinet Office, Japan.Indonesia left rates on hold as anticipated.Shanghai stock index goes up 3.1%, but not...

Steady MPC votes would provide support to pound
May 20, 2015 08:12 am UTC| Insights & Views
Pound traders are awaiting BOE minutes as pound has taken a heavy hit over weaker than expected inflation data yesterday amid stronger dollar. Bank of England (BOE) minutes will be released at 8.30 am GMT. Pound is...
Low volatility portrays Condor Spreads construction on USD/CHF
May 20, 2015 08:10 am UTC| Insights & Views
ZEW/Credit Suisse Economic Sentiment Index: ZEW Economic Sentiment Index in Switzerland increased to -23.20 in April of 2015 from -37.90 in March of 2015 as reported by the Centre for European Economic Research (ZEW). UBS...
BoE’s rates on-hold likely to stabilize Pounds
May 20, 2015 07:41 am UTC| Insights & Views
BOEs MPC meeting minutes: This event is scheduled today that signals how interest rates regulations would be. Bank of Englands Monetary Policy Committee voted to maintain the bank rate at 0.5% at its 11th May 2015...

Expect another crude drawdown in today’s EIA crude stock report
May 20, 2015 07:37 am UTC| Insights & Views
Today would be third consecutive week, if US Energy Information Administrations (EIA) weekly inventory shows another drawdown. Last week inventory dropped by 2.19 million barrels and market is expecting another drawdown...