
Commodities snapshot (precious & industrial)
Jul 21, 2015 17:20 pm UTC| Insights & Views
Metals, especially precious pack heavily down today. Performance this week at a glance in chart table - Gold - Gold is hovering around $1100 as traders scale next move. Todays range - $1110-$1096 Gold is currently...

Currency snapshot (commodity pairs)
Jul 21, 2015 16:51 pm UTC| Insights & Views
Dollar index trading at 97.31 (-0.75%) Strength meter (today so far) - Aussie +0.84%, Kiwi +0.96%, Loonie +0.32%. Strength meter (since last week) - Aussie +0.92%, Kiwi +1.98%, Loonie +0.12%. AUD/USD - Trading at...

Jul 21, 2015 16:21 pm UTC| Insights & Views
Energy pack is in consolidation today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is continuing its testing of key level at $50/barrel. Todays range $51.4-50 WTI is likely to fall towards $42...

Currency snapshot (major pairs)
Jul 21, 2015 15:40 pm UTC| Insights & Views
Dollar index trading at 97.30 (-0.76%). Strength meter (today so far) - Euro +0.88%, Franc +0.46%, Yen +0.32%, GBP -0.09% Strength meter (since last week) - Euro +0.90%, Franc +0.18%, Yen +0.12%, GBP -0.30% EUR/USD...

Sugar turns bitter in Brazil as prices drop
Jul 21, 2015 15:08 pm UTC| Insights & Views
Sugar prices dropped to 6.5 year low yesterday, when prices tumbled by 4.5%. In 2011, price reached $35 per pound. Since then prices have kept tumbling to reach $11.5/pound. Yesterday, price dropped $11.35/ pound. Such...

Hungary gets easing while forint gets positive boost
Jul 21, 2015 15:00 pm UTC| Insights & Views
Hungarian Forint is up 1.3% so far against dollar, in spite of Central Bank cutting rates. Market was expecting a rate cut but in tune of 10 basis points but the central bank overwhelmed the market by providing rate cut...

China’s large capital account outflow raises concern
Jul 21, 2015 13:26 pm UTC| Insights & Views
Chinese Forex reserve is declining at fastest pace on record. Chinese forex reserve is still the largest in the world and reasonably high enough, however if it keeps falling steadily it is likely to raise concerns over...