Great Indian budget to be presented tomorrow
Feb 27, 2015 14:06 pm UTC| Insights & Views
Tomorrow would definitely be a big day for investors, industrialists and the Modi government in India. The Union budget is to be presented tomorrow. Good news is that investors will be able to buy sell shares as the...
Currency snapshot (commodity pairs)
Feb 27, 2015 13:22 pm UTC| Insights & Views
Commodity pairs (AUD, NZD, CAD) are performing better this week over the majors even after yesterdays sharp fall over US data. A chart and table is attached for explanation. Aussie is the worst performer of the lot...
Currency snapshot (major pairs)
Feb 27, 2015 12:29 pm UTC| Insights & Views
Dollar is treading water after yesterdays sharp gain over stronger durable goods order and rise in weekly wages. The performance remained mixed against the majors (EUR, GBP, JPY, CHF) so far this week. A chart and table...
Yuan finally falls against king dollar
Feb 27, 2015 12:07 pm UTC| Insights & Views
One way bet on the Chinese Yuan might be coming to an end as the currency dropped to a 28 month low against the dollar today. Currency is currently trading at 6.295 against the dollar lowest level since October...
WTI and its producers lose more than counterparts
Feb 27, 2015 11:17 am UTC| Insights & Views
Recent data suggest that the stock piling in the US has climbed to levels not seen in at least 80 years. As restriction remains over US oil exports, the stock piling is not expected to ease in months ahead. Producers...
Gold is not necessarily in decline
Feb 27, 2015 10:33 am UTC| Insights & Views
In the current environment of deflationary pressure, rising dollar and central bank easing looking at the gold price as quoted in CME one could presume that good day for gold is over for now. Year 2015 may not be...
Treasury yields failing to provide queue to dollar
Feb 27, 2015 09:42 am UTC| Insights & Views
Dollar rally has been fuelled by the prospect of a rate hike by Federal Reserve (FED) this year by divergent monetary policy pursued by other major central banks. At one point it will be vital for the rates to...
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