
WTI Crude Inventory signifies Demand/Supply equation
Jun 11, 2015 06:16 am UTC| Insights & Views
US benchmark West Texas Intermediate for July delivery advanced USD 1.29 to USD 61.43 a barrel on the New York Mercantile Exchange.The US Department of Energys inventory report for the week ending June 5 showed US crude...

RBNZ delivers, Kiwi hangs on to 0.7 against dollar
Jun 11, 2015 05:05 am UTC| Insights & Views
Reserve bank of New Zealand (RBNZ) has delivered a rate cut as promised. Kiwi dropped sharply, in spite of unanimous expectation of a cut today among market participants. Key highlights - RBNZ has reduced rates by 25...
Guide to today’s important data and events
Jun 11, 2015 05:01 am UTC| Insights & Views
Not many economic dockets scheduled for today with moderate to high risk associated. Data released so far - Australia - unemployment rate dropped to 6%, with 42,000 added to payroll in May. Consumer inflation...

Currency snapshot (commodity pairs)
Jun 10, 2015 15:20 pm UTC| Insights & Views
Dollar index trading at 94.76 (-0.45%) Strength meter (today so far) - Aussie +0.92%, Kiwi +0.74%, Loonie +0.63%. Strength meter (since last week) - Aussie +1.92%, Kiwi +2.22%, Loonie +1.40%. AUD/USD - Trading at...

Currency snapshot (major pairs)
Jun 10, 2015 14:55 pm UTC| Insights & Views
Dollar index trading at 94.8 (-0.4%). Strength meter (today so far) - Euro -0.08%, Franc +0.06%, Yen +1.26%, GBP +0.81% Strength meter (since last week) - Euro +1.58%, Franc +1.10%, Yen +2.29%, GBP +1.70% EUR/USD...

Commodities snapshot (precious & industrial)
Jun 10, 2015 14:18 pm UTC| Insights & Views
Metals are gaining today over weakness in Dollar. Performance this week at a glance in chart table - Gold - Gold bounced back above $1180, traded as high as $1192. Todays range $1192-1175. Price suggests larger...

Jun 10, 2015 14:05 pm UTC| Insights & Views
Energy pack is having another positive day. Weekly performance at a glance in chart table. Oil (WTI) - WTI seems ready to challenge doji high around $63 and move higher. Todays range $61.8 -60.4. Target for the...