Commodity futures index (CRB) edges down on PBoC’s devaluation mechanism
Aug 17, 2015 12:06 pm UTC| Insights & Views
The solidifying the strength of USD and apprehensions over Chinese economy has been pressuring commodity markets. The CRB commodity index, the most tracked commodity futures index, is down 14 percent so far this year. The...

Pound’s consolidation likely to end with volatility burst
Aug 17, 2015 11:52 am UTC| Insights & Views
Pound on 6th of August had taken support of rising trend line, which has been in place since May, 2015, however as of now, it seems that it is not a sufficient condition for pound to break its recent...

WTI benchmark shows signs of extreme sentiment
Aug 17, 2015 11:08 am UTC| Insights & Views
North-American benchmark WTI is showing signs of extreme sentiment, which suggests that there might be reversal ahead. Kindly note that extreme sentiment doesnt necessarily result in immediate reversal, as a matter of...

Crude rout dents US inflation expectations
Aug 17, 2015 10:35 am UTC| Insights & Views
US crude benchmark WTI, last week dropped to new 6 year low resulting in deterioration of inflation expectation among investors. Last week US inflation expectations, as measured by 5y-5y forward inflation expectations...

SARB likely to accommodate further Rand weakness
Aug 17, 2015 10:21 am UTC| Insights & Views
South Africa was hit hard by PBOC devaluation last week. The move came as a further blow to an already battered South Africas economy, plagued by electricity shortages, labour unrest, mining-sector decline and a weak...
Guide to today’s important data and events
Aug 17, 2015 09:50 am UTC| Insights & Views
Not many economic dockets scheduled for today, risks associated are low. Data released so far: Switzerland - Retail sales dropped by -0.9% in June from a year ago. Japan - preliminary reading shows Japan...
More relief for Greece, September EUR/USD futures to extend LIBOR curve
Aug 17, 2015 07:10 am UTC| Insights & Views
Eurozone FMs have accepted Greeces 3rd salvage program on Friday in euro group meeting. The European Commission proclaimed in a report that it was prepared to pay out "new loans of up to 86 Billion over the next three...