Aug 19, 2015 15:20 pm UTC| Insights & Views
Energy pack is mixed today, while oil is down, gas is up. Weekly performance at a glance in chart table. Oil (WTI) - WTI is the worst performer today, as inventory posted surprise gains. Todays range...
Suppressed volatility heading for volatility bursts for Chinese equities
Aug 19, 2015 14:59 pm UTC| Insights & Views
China truly stands as top risk of 2015 as the current government struggles to prevent a stock market meltdown, hard landing of economy and to manage its currency in a bid to gain a seat in IMFs currency basket. While...
EIA lowers forecast for crude prices
Aug 19, 2015 14:24 pm UTC| Insights & Views
It seems when it comes to crude there is no end of bad news for now. USs Energy Information Administration (EIA) lowered its forecast for crude oil prices, sharply from last months estimate. According to EIA, WTI prices...
API reports deficit, while crude awaits EIA report
Aug 19, 2015 13:55 pm UTC| Insights & Views
Crude oil is finding some bids around $40/barrel, might be on the process of forming a key interim bottom. WTI is currently trading at $42.7/barrel, up from its recent low around $39.5/barrel. Key factors at play in Crude...
Poll shows UK’s EU referendum at mercy of swing voters
Aug 19, 2015 13:15 pm UTC| Insights & Views
UKs EU referendum proposed by Prime Minister David Cameron before the election, where a No might lead to UKs exit from European Union if an ongoing negotiations between European Union and UK goes sour. Though both parties...
Dollar inching higher as Fed’s minutes today likely to present clarity
Aug 19, 2015 13:05 pm UTC| Insights & Views
Todays FOMC minutes would probably confirm that the liftoff date is approaching but without any precise obligation to the September meeting. The particular interest will be in the discussion of labour market conditions and...
Aug 19, 2015 12:56 pm UTC| Insights & Views
Long term charts evidences the saucer pattern on this pair, a rounding bottom of the prolonged downtrend can used to suggest that the long term trend is reversed. Currently the pair is testing trendline support at 1.3070...
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