
India’s manufacturing PMI supports RBI's 50 bps rate cut
Oct 01, 2015 06:59 am UTC| Insights & Views
This week, Reserve Bank of India (RBI) led by eminent economist Raghuram Rajan took unprecedented step to reduce policy rates by 50 basis points (bps) compared to market expectations of just 25 bps. RBI pointed at lower...

Oct 01, 2015 06:43 am UTC| Insights & Views
The pair was neither unsustainable breaking above the resistance at 121.678 levels no does it breach below support at 118.942 on the downside on weekly charts, leading RSI oscillator showing convergence with falling...
Guide to today’s important data and events
Oct 01, 2015 06:19 am UTC| Insights & Views
Lot of economic dockets to be released today, some with high risks associated. Data released so far - China - Official manufacturing PMI came at 49.8 compared to 49.7 prior and non-manufacturing PMI came at 53.4 same...

Currency snapshot (major pairs)
Sep 30, 2015 17:24 pm UTC| Insights & Views
Dollar index trading at 96.10 (+0.10%). Strength meter (today so far) - Euro -0.70%, Franc -0.45%, Yen +0.07%, GBP -0.17% Strength meter (since last week) - Euro +0.34%, Franc +0.75%, Yen +0.48%, GBP -0.13% EUR/USD...

Currency snapshot (commodity pairs)
Sep 30, 2015 17:09 pm UTC| Insights & Views
Dollar index trading at 96.30 (+0.42%) Strength meter (today so far) - Aussie +0.14%, Kiwi +0.57%, Loonie +0.20%. Strength meter (since last week) - Aussie -0.09%, Kiwi +0.24%, Loonie -0.54%. AUD/USD - Trading at...

Sep 30, 2015 15:14 pm UTC| Insights & Views
Energy pack is mixed, while gas is down, oil trading in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is continuing its consolidation, however market squeeze suggests breakout ahead....

Commodities snapshot (precious & industrial)
Sep 30, 2015 15:01 pm UTC| Insights & Views
Metal pack is mixed in todays trading. Performance this week at a glance in chart table - Gold - Gold dropped further as lesser appetite for the yellow metal prevails. Todays range - $1128-$1111 Gold is currently...