Iron ore rout leaves Aussie on weak footing
Jul 08, 2015 12:10 pm UTC| Insights & Views
Chinese stock melt down is causing massive headwinds for commodities across globe, which in turn likely to add downside pressure to commodity currencies. Benchmark iron ore (62% content), which is major ingredient for...
FxWirePro: Writing WTI crude strangle yields speculation opportunity
Jul 08, 2015 11:34 am UTC| Insights & Views
Crude Oil Option Derivative Radar: WTI crudeMarket surges 5-10%, traders mint money, Market crashes bears make handsome money, But what during sideway trends. Thats the beauty of derivative strategies and swing trading.We...
WTI crude: Trend line breach confirmed with doji and gap down candle; fails to form harami
Jul 08, 2015 11:19 am UTC| Insights & Views
Our recent target achieved at below US$55 a barrel!! Aftermaths of long lasting Greece turmoil, lingering dollar strength and the dramas of crude inventory levels in Western Texas Intermediate oil mines have managed to...
Irritation over Greece boils and bursts European parliament
Jul 08, 2015 11:14 am UTC| Insights & Views
Greek Prime Minister, Alexis Tsipras is having hard time in European parliament after his speech. Key highlights from the speech - Mr. Tsipras is not blaming anyone as wicked foreigners instead blames Greek...
Another deadline in Greek talks, hardly means much
Jul 08, 2015 10:27 am UTC| Insights & Views
After so many deadlines and misses in Greek negotiation it is hard to rely on yet another deadline, which is being called as the final by European creditors, after which Greece will be left to its fate. Greek Prime...
Massive risk aversion hits market hard over Greece and China
Jul 08, 2015 09:43 am UTC| Insights & Views
Massive risk aversion is spreading across markets. According to asset managers, Greek situation in Europe is accompanied by Stock market meltdown in China. In fact Chinese melt down pose greater risk to world...
Guide to today’s important data and events
Jul 08, 2015 08:34 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on FOMC minutes from FED. Data released so far: Japan - Eco watchers survey shows current situation condition dropped to 51 from 53.3 prior and outlook...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects