Guide to today’s important data and events
May 05, 2015 07:37 am UTC| Insights & Views
Relatively low economic dockets with moderate risk are scheduled for today. Data released so far - Australia - Trade deficit for March, shrank to -1.3 billion, with exports and imports both shrinking by 2%. Reserve...

China distorting German exports adding weakness to Euro growth
May 05, 2015 06:47 am UTC| Insights & Views
In March, we expect the German trade surplus to have amounted to 21.9bn, up from 19.5bn in February. Exports are expected to have increased by 0.2% MoM, following the rise of 1.4% MoM in February (-2.1%), while imports are...

Order bookings and surge in export volumes boosting dollar strength
May 05, 2015 05:41 am UTC| Insights & Views
As per the monthly report released by U.S. Census Bureau that factory orders for the month of April rose 2.1% which was more than the estimates of a 2.0% gain. This is strengthened by a surge in manufacturing of motor...

May 04, 2015 15:09 pm UTC| Insights & Views
Equities are all trading in green today, after massive selloff of last week. Performance this week at a glance in chart table - SP 500 - SP might be moving to test all time high around 2125, currently trading at 2118...

Currency snapshot (commodity pairs)
May 04, 2015 14:40 pm UTC| Insights & Views
Dollar index trading at 95.39 (+0.18%). Strength meter (today so far) - Aussie +0.08%, Kiwi +0.24%, Loonie +0.45%. Strength meter (since last week) - Aussie +0.08%, Kiwi +0.24%, Loonie +0.45%. AUD/USD - Trading at...

Currency snapshot (major pairs)
May 04, 2015 14:15 pm UTC| Insights & Views
Dollar index trading at 95.33 (+0.12%). Strength meter (today so far) - Euro -0.23%, Franc -0.09%, Yen +0.02%, GBP -0.03% Strength meter (since last week) - Euro -0.23%, Franc -0.09%, Yen +0.02%, GBP -0.03% EUR/USD...

Commodities snapshot (precious & industrial)
May 04, 2015 13:48 pm UTC| Insights & Views
Precious pack remains worst performer, in spite of weaker dollar. Performance this week at a glance in chart table - Gold - Gold bears were being halted at $1178 support and whereas bulls are struggling above $1200...