Commodities snapshot (precious & industrial)
Mar 16, 2015 17:44 pm UTC| Insights & Views
Metals failed to gain today despite weaker dollar. Performance this week at a glance in chart table - Gold - Gold is the worst performer in todays trading even failed to advance after disappointing data was published...
Mar 16, 2015 17:10 pm UTC| Insights & Views
Equities are gaining todays trading however performance is diverging across board. Performance this week at a glance in chart table - SP 500 - US benchmark has taken support at 2040 level and squared off further of the...
Currency snapshot (commodity pairs)
Mar 16, 2015 16:38 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) gaining intra days trading from a broad based weakness in dollar. A chart and table is attached for explanation. Aussie gained in todays trading after the currency snapped back from the...
Oil companies step up pressure over oil export ban
Mar 16, 2015 14:44 pm UTC| Insights & Views
As expected, oil companies in US argued strongly to lift the ban on export which traps domestically produced crude oil from exporting in raw form. Ryan Lance, CEO of ConocoPhillips was in Washington last week to persuade...
Euro to change international trade flows
Mar 16, 2015 13:58 pm UTC| Insights & Views
Euro during 2000-2008 saw remarkable rise in its value against other currencies when it rose from below par to 1.6 against dollar. During 2011 Eurozone financial crisis Euro fell close to 1.18 against dollar but that fall...
Greece Germany relation review
Mar 16, 2015 12:24 pm UTC| Insights & Views
To the financial level the relation is more of a creditor and debtor for which the terms of conditions for payments as well as repayments are being negotiated over the meetings. So far a common accord has not been...
Why Finnish election is important?
Mar 16, 2015 11:51 am UTC| Insights & Views
Parliamentary elections in Finland is set for April 19, 2015. Finland has a coalition ruling led by centre right Prime Minister Alexander Stubb. Polls show that current government may not be able to hold powers in the...
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