Yield spread adding pressure on the Pound
Feb 17, 2015 14:29 pm UTC| Insights & Views
The yield spread between the two year US treasury and UK Gilt has increased steadily, tilting the balance in favor of the US. The differential has risen sharply since the mid of 2014, as the Fed was nearing to the winding...
Short term important levels & snapshot – Currencies (Major)
Feb 17, 2015 13:07 pm UTC| Insights & Views
a) EUR/USD - News headlines growth outlook remains negative. Some of the economic data are turning positive throughout the Euro zone like Spanish GDP (2%), Euro area current account surplus (2.4% of GDP). Political...
Economic divergence exist, IMF reaffirms
Feb 17, 2015 08:39 am UTC| Insights & Views
Since the summer of 2014, US dollar has risen against all its major counterparts as well as most of its emerging market counterparts. US dollar Index currently trading at 94.36 and has risen consecutively for a record 7...
Oil supply glut still at large
Feb 16, 2015 15:18 pm UTC| Insights & Views
Since June 2014 crude oil has fallen more than 50% though in recent trades especially Brent crude showing some resilience. WTI is currently trading at $53/barrel and Brent trading above $62/barrel. The drop has so far been...
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