U.S. durable goods orders flat in August, equipment investment likely to be flat this year
Sep 29, 2016 04:43 am UTC| Commentary
U.S. durable goods orders remained flat in August and came in stronger than consensus expectations. The expected weakness was due to the likely fall in bookings for commercial aircraft, strengthened by a net decline in...
Asian markets rally after Yellen’s testifies and OPEC meeting, gold and silver higher
Sep 29, 2016 04:04 am UTC| Commentary
Asian indices were trading on a higher note on Thursday as markets concluded Yellens testifies and OPEC meeting in a positive note. According to the Yellens testifies, there is a still possibility of rate hike by Fed in...

Chart of the Day: European stocks not cheap
Sep 28, 2016 17:26 pm UTC| Commentary
This fine chart from the Deutsche Bank, which is currently in financial trouble addresses one of the issues in the European stock market. Stocks are overvalued from a historical angle. The benefits of alower euro are...
China's foreign debt returns to growth in Q2
Sep 28, 2016 15:51 pm UTC| Commentary
Chinas foreign-exchange regulator said Tuesday that the nations outstanding foreign debt returned to growth in the second quarter as companies deleveraging process drew to a close. Data published by State Administration of...
Norway sees no sign of any substantial rebound in consumption
Sep 28, 2016 15:32 pm UTC| Commentary
Data released by Statistics Norway earlier today showed that Norways retail sales rose by 0.4 percent m/m in August. The data missed Reuters consensus expectation for a rise of 0.7 percent. August retail sales bucked the...

Deutsche Bank troubles denting Germany’s role as European anchor
Sep 28, 2016 14:43 pm UTC| Commentary Business
Troubles continue at Deutsche Bank, one of Germanys largest financial institutions as U.S. government is considering imposing a fine of around $14 billion on the bank for selling faulty mortgage-backed securities in the...

Sep 28, 2016 14:20 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up today but remains under pressure as no freeze deal at sight. Instead, Iran insisted that it wants to...