Weaker dollar intensify demand for Crude Oil
May 08, 2015 11:38 am UTC| Insights & Views
US benchmark West Texas Intermediate (WTI) for June delivery eased eight cents to USD 58.86 while Brent crude for June gained seven cents to USD 65.61 in late-morning trade. WTI tumbled USD 1.99 in New York and Brent...
Securities to watch in today’s payroll –
May 08, 2015 11:31 am UTC| Insights & Views
Today at 12:30 GMT, Aprils job report would be released in US. Market is expecting job gain of around 220K for the month of April. Previous month was disappointing with only 126,000 people joining the payroll....
UK’s EU referendum pose lesser risk now than three years ago
May 08, 2015 11:01 am UTC| Insights & Views
UKs conservative party is set to win an outright majority in 2015 election. This overall stands as a good news as it would be easier for Mr. Davis Cameron to push for policies. With right policies growth could speed up in...

Upswings on EURJPY rally, minor gains on BPS
May 08, 2015 10:33 am UTC| Insights & Views
The BoJ left its asset purchase program unchanged at both of its two April meetings despite some political (and then market) uncertainty to the contrary.Given our skepticism that there would be a fresh policy message,...

UK need to reverse record trade deficit for longer term sustainability
May 08, 2015 10:09 am UTC| Insights & Views
While UKs service sector remains strong and envy for countries around world, its worsening goods trade balance remains Achilles Heel for pound. Today, office of National Statistics (ONS) released trade balance details for...

Rising volatility poses challenge for traders
May 08, 2015 09:10 am UTC| Insights & Views
Volatility in developed market currencies are posing biggest challenge for professional and retail traders as with higher volatilities come with greater risk, along with risk of stopping out of trades. On other hand higher...

Aussie faces challenge as Chinese import slows down
May 08, 2015 08:30 am UTC| Insights & Views
Aussie bull once again failed to break above key resistance around 0.80 as dollar strengthen last night over bund yields drop. Todays Chinese trade statistics provided further blow to Aussie bulls. Chinese trade balance...