Guide to today’s important data and events
Sep 11, 2015 05:53 am UTC| Insights & Views
Not many economic dockets scheduled for today, all with low to medium risks associated. Upcoming - Germany - Consumer price index to be released at 6:00 GMT. No major impact expected over Euro, might generate...
Commodities snapshot (precious & industrial)
Sep 10, 2015 18:42 pm UTC| Insights & Views
Metal pack is trading in green today. Performance this week at a glance in chart table - Gold - Gold is marginally up from support around $1100 area. Todays range - $1115-$1103 Sell gold with target around $1070 area...
Sep 10, 2015 17:42 pm UTC| Insights & Views
Energy pack is in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is recovering from yesterdays loss. Todays range $46-43.3 WTI is currently trading at $45.6/barrel. Immediate support lies...
Currency snapshot (commodity pairs)
Sep 10, 2015 17:30 pm UTC| Insights & Views
Dollar index trading at 95.54 (-0.42%) Strength meter (today so far) - Aussie +1.66%, Kiwi +0.61%, Loonie +0.55%. Strength meter (since last week) - Aussie +2.36%, Kiwi +0.35%, Loonie +0.50%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Sep 10, 2015 17:18 pm UTC| Insights & Views
Dollar index trading at 95.60 (-0.36%). Strength meter (today so far) - Euro +0.48%, Franc +0.30%, Yen -0.27%, GBP +0.55% Strength meter (since last week) - Euro +1.15%, Franc -0.06%, Yen -1.29%, GBP +1.81% EUR/USD...
Enough of that suspense, hike rates – To FED from EM
Sep 10, 2015 16:52 pm UTC| Insights & Views
Who would have thought it would be emerging markets calling for a hike in September, when everyone thought they would prefer no. And our beloved World Bank was issuing warnings to FED that a rate hike next week would...
WTI is likely to weaken beyond financial crisis low if key support gets cleared around $43/barrel
Sep 10, 2015 15:00 pm UTC| Insights & Views
Today is the third day when WTI is testing key support area around $43/barrel and so far bulls havent given in to gravity. In spite of recent report from US Energy Information Administration (EIA) over slowdown in US...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects