Commodities snapshot (precious & industrial)
Aug 10, 2015 15:15 pm UTC| Insights & Views
Metals trading in green today. Performance this week at a glance in chart table - Gold - Gold has broken above $1100 area. Todays range - $1089-$1105. Gold is likely to reach as high as $1150 area if support around...
Aug 10, 2015 14:57 pm UTC| Insights & Views
Equities started the week in relatively strong footing. Performance this week at a glance in chart table - SP 500 - SP sharply higher today due to global risk on theme. Todays range 2101-2077. US labor market...
Aug 10, 2015 14:31 pm UTC| Insights & Views
Energy pack is mixed in todays trading, while gas and Brent is up WTI dropped. Weekly performance at a glance in chart table. Oil (WTI) - WTI started the week on relatively weaker footing compared to other energy...
Aug 10, 2015 13:45 pm UTC| Insights & Views
CFTC commitment of traders report was released on Friday (7th August) and cover positions up to Tuesday (4th August). COT report is not a complete presenter of entire market positions, since future market is relatively...
Aug 10, 2015 13:16 pm UTC| Insights & Views
We stated last week that the recent oil price slumps kept down Norges bank by rate cuts and in turn NOK has weakened significantly over the summer, driven lower by an extremely dovish Norges Bank as well as renewed...
FxWirePro: USD/CAD covered call on rallies as pair nearing trendline resistance
Aug 10, 2015 12:36 pm UTC| Insights & Views
USD/CAD is currently trading at 1.3136 levels which is likely heading towards trend line resistance at around 1.3268 levels. So if options trader decides to write September month 1.3107 covered call for C$139.16 and...
Risk-reward favors buying Kiwi
Aug 10, 2015 12:23 pm UTC| Insights & Views
It is a fact that New Zealands economy is facing heavy headwinds this year over slowdown in China and continued drop in global dairy prices. It is also a fact that New Zealand Dollar has fallen sharply this year, making...
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