
Contango shrinks as crude rises
Mar 24, 2015 12:48 pm UTC| Insights & Views
Crude oil rebounded sharply after Federal Reserve issued dovish statement and forecast. However oil arbitrageurs have less to cheer for. Crude is up by almost 15% and six months contango dropped about 30%. What is...

Oil rise as dollar falls – warning signs
Mar 24, 2015 12:17 pm UTC| Insights & Views
The chart above shows two contrasting securities, WTI crude oil and Dow jones FXCM US dollar Index. WTI crude is trading at 47.61, up 0.3% today. Dollar index is trading at 96.7, down 0.25% today. As can be seen, FXCM...

Mar 24, 2015 11:26 am UTC| Insights & Views
Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors. CPI is scheduled to be released at 12:30 GMT. Why important? FEDs dual mandate is price stability and maximum...
Mar 24, 2015 10:37 am UTC| Insights & Views
Today Euro zone PMI released across Europe showed improvement is continuing across countries. France - Economic activities continue to weaken. Manufacturing PMI contracted by 48.2, however growth is seen in services...

Mar 24, 2015 10:04 am UTC| Insights & Views
Oil price has rebound sharply after fall interest rate and economic projection by FOMC participants led to short term dollar demise. Rebound in oil and sharp decline in number of oil rigs in US raised the possibility that...

Mar 24, 2015 08:54 am UTC| Insights & Views
Today inflation reading will be published from UK at 9:30 GMT. Data set includes Consumer Price index (CPI), producer price index (PPI), and retail price index. Inflation readings that faltered recently are the top most...

Mar 24, 2015 08:21 am UTC| Insights & Views
Today preliminary reading for HSBC Chinese manufacturing PMI was released. It provided further evidence that Chinese economy is slowing down. PMI reading fell to 11 month low at 49.2 compared to a previous 50.7. A...