Commodities snapshot (precious & industrial)
Jun 15, 2015 15:49 pm UTC| Insights & Views
Precious metals are treading water, while industrial remains weak. Performance this week at a glance in chart table - Gold - Gold is creeping up today. Todays range - $1190 - $1172 Gold might reach $1152 area, since...
Key highlights of Draghi testimony on Greece
Jun 15, 2015 14:35 pm UTC| Insights & Views
European Central Bank president Mario Draghi is testifying before a European Parliament committee. Key highlights on Greece - Draghi reiterated that European Central Bank is a rule based organization, so whatever its...
Higher inflation expectations without earnings growth would make FED rethink rate hike
Jun 15, 2015 13:58 pm UTC| Insights & Views
Every market participants and economists around the world will focus on Wednesday to view what is US Federal Reserves stance, when it comes to hiking rates. With US unemployment rate close to, what FED officials consider...
Euro prepares to embrace volatility, implied measure hits highest since 2011
Jun 15, 2015 13:16 pm UTC| Insights & Views
Euro traders are becoming anxious over the fate of single currency as many in the market as well as in political circle are in doubt that European Monetary Union (EMU) may not survive as a whole. Greece might have to...
Rouble likely to remain strong in spite of 100 basis points cut
Jun 15, 2015 12:45 pm UTC| Insights & Views
Russian Central bank has moved against expectation to provide relief to ailing economy. As FIFA scandal hit Russian market pushing Rouble close to 55 against dollar from below 50 within two weeks. Todays move by the...
Two main issues that intensifying Greece turmoil
Jun 15, 2015 12:34 pm UTC| Insights & Views
European markets seem to be under stress due to the talks between Greece and its creditors which collapsed this weekend.As a result the panic in Euro zone is that Greece could default on its debt obligation if no agreement...
FxWirePro: Hedge GBP/USD with 2:1 PBRS, most likely to breach trend line support
Jun 15, 2015 12:04 pm UTC| Insights & Views
As a sharp sell call by slow stochastic as %D line cross over exactly above 80 levels, this bearish view is also supported with 14 day RSI.Currency Derivatives Insights: (GBPUSD)With a hedging perspective of GBP FX...
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