All industry activity figures for April suggest Japan started Q2 on the front foot
Jun 21, 2016 13:36 pm UTC| Commentary
Japans Ministry of Economy, Trade and Industry data showed Tuesday that Japans all industry activity expanded at a faster pace in April. Data underscored that the economy started the second quarter on the front...
Indian economy grows despite poor indicators: Danske Report
Jun 21, 2016 13:18 pm UTC| Commentary Economy
Indias economic growth appears to be quite strong on the surface with a growth of 7.9 percent in first quarter. But there are certain reasons that suggest this is too good to be true. For five years, car sales have been...
Slight possibility of rate hike by the Fed in September
Jun 21, 2016 12:59 pm UTC| Commentary Central Banks
Prior to the subdued jobs report, the US Fed was readying markets for a rate hike in either June or July. Fed chair Janet Yellen, in her latest speech, did not reiterate that a rise in coming months might be...
Chart of the Day: Polluted world
Jun 21, 2016 12:58 pm UTC| Commentary
According to National Oceanic and Atmospheric Administration, Carbon dioxide levels in the Antarctic just hit 400 parts per million (ppm), which is considered as critical threshold. It was the last place on earth to...
Commodities snapshot (precious & industrial)
Jun 21, 2016 12:46 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold Gold is down today as Brexit fear fades. Todays range $1294-1269 Gold is currently trading at $1275/troy ounce. Immediate...
Jun 21, 2016 12:42 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down as investors scale back exposure to risky assets. Todays range $49.98 -49.1 WTI is currently...
US Treasuries slump as Brexit fears diminish, Yellen’s testimony eyed
Jun 21, 2016 12:38 pm UTC| Commentary
The US Treasuries saw selling across the curve on Tuesday during a relatively quiet session that saw little data of much significance in the US. Overall, downward pressure largely stemmed from considerable gains seen in...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects