Aug 31, 2015 15:24 pm UTC| Insights & Views
After massive 10 week decline oil has posed overwhelming comeback in the last two days of the previous week, where price jumped as much as much as 18%. Though most of the Bull Run can be attributed to short covering, we...
Bond market volatility shows tensions regarding U.S. policy reversal
Aug 31, 2015 14:48 pm UTC| Insights & Views
Bond market is not where one usually finds lots of volatility, however that may not be the case this year. Bond market is experiencing an unusually high volatility this year and by one measure it is on its way to...
FxWirePro: Gold might test $1160 area
Aug 31, 2015 14:03 pm UTC| Insights & Views Commentary Technicals
While fundamental is still against Gold, given a rate hike from FED, looming ahead and low inflationary environment. Moreover low volatility environment is not suitable for gold bugs, as gold remains clearly out of...
India’s growth underwhelms, putting INR at risk of further slide
Aug 31, 2015 13:20 pm UTC| Insights & Views
Indias growth disappointed to the downside for the first quarter. Indian economy expanded at 7%, compared to 7.5% prior. Analyst and economist were expecting similar growth as prior, however weaken export and lack of...
Standard & Poor sees greater downside risks to gold
Aug 31, 2015 13:17 pm UTC| Insights & Views
Rating agency Standard Poor has cut its forecast for gold sharply to $1150/ troy ounce for 2015-2017, down $50/ troy ounce from its January forecast. After posting one of its best performance through financial crisis...
FxWirePro: EUR/CAD option collar for swing trading
Aug 31, 2015 12:50 pm UTC| Insights & Views
Its been a wild last week for financial markets, sharp declines in equity prices on Monday added to losses racked-up in the week prior. And Tuesday wasnt much better. But on Wednesday, global equity cues improved along...
Imports to reduce U.S trade deficit
Aug 31, 2015 12:24 pm UTC| Insights & Views Economy
The US trade deficit is projected to turn down remarkably in July, narrowing to $41.81B from $43.84B the month before, with import activity falling on account of falling energy prices while export activity should rise...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight