China worries linger in market as steel price drops past 11.5 year low in September
Sep 30, 2015 13:48 pm UTC| Insights & Views
Despite risk-on in favor today, worries over China continues to linger in the market, especially in the commodity segment. And with commodities continuing their rout, recent Glencore share sell offs suggests equity markets...
Fed heads statements keep dollar in ambiguity – currency strength in snail’s pace
Sep 30, 2015 13:24 pm UTC| Insights & Views
The markets rate hike expectations are still lingering around dollar as the regional fed heads are manipulating this much awaited monetary policy outcome. William Dudley, the Fed President of New York and John Williams,...
FxWirePro: Stay stiff with Strips as delta risk reversal indicates dollar’s gains against euro
Sep 30, 2015 13:10 pm UTC| Insights & Views
The ATM volatility and delta risk reversal of EURUSD, divulge that the fact that pair would experience little downside pressure in next 1-6 months future with reducing volatilities. The higher side volatility of EURUSD ATM...
Investors’ warm up to improved US labor market in September
Sep 30, 2015 12:29 pm UTC| Insights & Views
Today ADP employment numbers were released from US for the month of September. ADP number shows US economy and its labour markets are quite resilient, in spite of recent slowdown There are two things to note even in the...
SNB to adopt wait-and-see policy in response to ECB's move
Sep 30, 2015 12:20 pm UTC| Insights & Views
The Swiss National Bank delivered its monetary policy announcement on Sept 17th, where it left the policy mix unchanged as broadly expected, in an effort to rein in the Swiss franc, which it said remained "significantly...
API reports surplus, while WTI awaits EIA report – calls updated
Sep 30, 2015 12:11 pm UTC| Insights & Views
Crude oil (WTI) is finding support around $43/barrel critical support area, however struggling to break above $48/barrel interim resistance. WTI price now is in triangular consolidation, suggesting breakout ahead as we...
Rajan’s monetary policy to add more impetus to Indian equities and treasury yields
Sep 30, 2015 12:06 pm UTC| Insights & Views
The Reserve Bank of India (RBI), in its 4th bi-monthly monetary policy statement, 2015-16, on Tuesday, cut the policy repo rate by 50 basis points to 6.75%. The Rajan came up with the upbeat monetary policy numbers...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects