Jun 10, 2015 14:05 pm UTC| Insights & Views
Energy pack is having another positive day. Weekly performance at a glance in chart table. Oil (WTI) - WTI seems ready to challenge doji high around $63 and move higher. Todays range $61.8 -60.4. Target for the...
Jun 10, 2015 13:50 pm UTC| Insights & Views
Equities are pairing losses after massive loss since last week. Performance this week at a glance in chart table - SP 500 - SP is up today, looking to move above 2100 mark. Todays range 2092-2081. Weak dollar...
ATM binary USD/JPY puts likely to extract more profits
Jun 10, 2015 13:30 pm UTC| Insights & Views
The data showed better than expected machinery orders and in the corporate goods price index boosting the yen.In Japan core machinery orders for April jumped 3.8% well above the 2.0% MoM drop expected and the corporate...
Crude oil seems ready to move higher
Jun 10, 2015 13:00 pm UTC| Insights & Views
Crude oil after five weeks of consolidation around $56-62/barrel, looks ready to push ahead higher once again today. Fundamentally speaking supply glut still remains a concern. According to latest data, Saudi Arabia,...
Trade ATM digital AUD/USD puts but call spreads for hedging
Jun 10, 2015 13:00 pm UTC| Insights & Views
Glenn Stevens the RBA governor reveals below key elements in his speech today.He confirms economy has not grown as per the expectation.Glenn Stevens is open for further monetary easing in order to ensure sustainable...
Swiss 10 year joins bund in the run
Jun 10, 2015 12:13 pm UTC| Insights & Views
Bund is not alone and Switzerland joins in along with other Euro zone countries in latest bond market rout. As German 10 year yield moved beyond 1% today, highest level since September last year, Swiss 10 year is back...
A glimpse on why Indian corporates disregard FX hedging
Jun 10, 2015 12:09 pm UTC| Insights & Views
It is noted that more than 50% of Indian companies in the BSE 500 index (excluding banking and financial services) have operating structures that have net foreign currency expenditures.They are debt driven companies who...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects