
Stronger German GDP might push Euro and yields to upside
May 22, 2015 05:21 am UTC| Insights & Views
Traders are awaiting first quarter GDP release from Germany at 6:00 GMT. Past trends - After 5% y/y growth in first quarter of 2011, growth had slowed down sharply over the Euro zone debt crisis to -1.6% in first...
Guide to today’s important data and events
May 22, 2015 05:18 am UTC| Insights & Views
Lot many economic dockets scheduled with high risk associated along with speeches from Central Bankers. Data released so far - China - Conference board leading economic index improved to 1.1 in April from...

BOJ to sit tight and hold policy steady
May 21, 2015 15:59 pm UTC| Insights & Views
Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours. Speech by Governor Kuroda is scheduled at 3:00 GMT. Current monetary policy - BOJ is holding policy rates near...

Currency snapshot (major pairs)
May 21, 2015 15:13 pm UTC| Insights & Views
Dollar index trading at 95.34 (-0.27%). Strength meter (today so far) - Euro +0.08%, Franc -0.07%, Yen -0.02%, GBP +0.79% Strength meter (since last week) - Euro -2.83%, Franc -2.15%, Yen -1.49%, GBP -0.38% EUR/USD...

Currency snapshot (commodity pairs)
May 21, 2015 14:43 pm UTC| Insights & Views
Dollar index trading at 95.37 (-0.23%). Strength meter (today so far) - Aussie -0.02%, Kiwi +0.10%, Loonie -0.08%. Strength meter (since last week) - Aussie -1.89%, Kiwi -2.08%, Loonie -1.70%. AUD/USD - Trading at...

Commodities snapshot (precious & industrial)
May 21, 2015 14:21 pm UTC| Insights & Views
Metals are having another dull day. Performance this week at a glance in chart table - Gold - Bulls are once again struggling to pose a comeback in spite of dollar weakness and dovish FOMC minutes. Gold is...

May 21, 2015 13:58 pm UTC| Insights & Views
Energy pack is in consolidation mode. Weekly performance at a glance in chart table. Oil (WTI) - WTI moved higher taking cues from FED minutes as rate hike seem to be pushed and $58 provided the necessary...