Commodities snapshot (precious & industrial)
Jul 30, 2015 16:16 pm UTC| Insights & Views
Metals are trading in red post FOMC. Performance this week at a glance in chart table - Gold - Gold was rejected at $1100 mark however finding bids around $1080 mark. Todays range - $1098-$1082. Gold is likely to...
Currency snapshot (commodity pairs)
Jul 30, 2015 15:41 pm UTC| Insights & Views
Dollar index trading at 97.54 (+0.39%) Strength meter (today so far) - Aussie -0.25%, Kiwi -1.00%, Loonie -0.63%. Strength meter (since last week) - Aussie -0.01%, Kiwi +0.17%, Loonie +0.09%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jul 30, 2015 15:23 pm UTC| Insights & Views
Dollar index trading at 97.57 (+0.43%). Strength meter (today so far) - Euro -0.50%, Franc -0.18%, Yen -0.30%, GBP +0.10% Strength meter (since last week) - Euro -0.48%, Franc -0.75%, Yen -0.46%, GBP +0.68% EUR/USD...
Pound faces tough resistance against dollar – calls updated
Jul 30, 2015 14:42 pm UTC| Insights & Views
Pound is relatively buoyant and trading strong against most major counterparts as Bank of England (BOE) is likely to be next in line after FED in hiking rates. However pound bulls seem to be facing tough resistance...
Dollar moves indicate investors' dilemma
Jul 30, 2015 14:17 pm UTC| Insights & Views
Investors might be facing a dilemma over, how to trade dollar, to go long or to go short. Preliminary estimate on US second quarter GDP was released today, which showed that US economy is expected to grow by 2.3%, after...
Chinese trade surplus too reliant on US – Part 1
Jul 30, 2015 13:38 pm UTC| Insights & Views
China still stands as worlds largest exporter, however its trade surplus is too concentrated on US. This is likely to pose problems for Worlds second largest economy going ahead. It would be fair to say that China is too...
Jul 30, 2015 13:02 pm UTC| Insights & Views
The government organizations, popularly known as the national team, comprising of Securities Finance Corporation (SFC), large insurance houses, state owned brokers, fund that holds governments stake in financial...
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
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