Jul 31, 2015 15:27 pm UTC| Insights & Views
Energy pack is in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI bulls were halted at key resistance of $50 around yesterday, and fell further today. Todays range $48.6-47.3 WTI jump back...
Jul 31, 2015 14:51 pm UTC| Insights & Views
Greek Prime Minister Alexis Tsipras seems to be managing well his divided party, which was revealed over last two voting of bailout conditions, in which 39 members of his party either abstained or voted against his...
New favorite phrase from FED explains today’s move
Jul 31, 2015 14:35 pm UTC| Insights & Views
Market participants have a new favorite phrase from FOMC last Wednesday. FOMC in its latest statement mentioned that the participants are waiting for "some further improvement" in the labor market. Market participants...
Chinese trade surplus too reliant on US – Part 2
Jul 31, 2015 14:17 pm UTC| Insights & Views
In previous thread, Chinese trade surplus too reliant on US - Part 1 available at http://www.econotimes.com/Chinese-trade-surplus-too-reliant-on-US--Part-1-70096 we have shown how Chinas annual trade balance (goods) roared...
Workers’ pay reveals fragility of dollar bulls
Jul 31, 2015 13:09 pm UTC| Insights & Views
Todays employment cost index, which has historically been a low key data, just added heavy volatility in the market and revealed how fragile dollar bulls have become. Dollar bulls are clearly not having their best times...
Jul 31, 2015 13:06 pm UTC| Insights & Views
We spotted out a hanging man formation is almost likely on weekly charts on upswings with just US session remaining of this weekend but there was no clarity from leading oscillators but looking stronger even though both...
Commodity slumps, central banks’ interventions and their impact on USD/CAD valuations
Jul 31, 2015 12:33 pm UTC| Insights & Views
BoCs unexpected moves: Majority of the recent adverse impact on CAD has focused on the interest rate dynamic as the BoCs unexpected rate cut. But shifting correlations raise another downside risk associated not with rate...
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