Currency snapshot (commodity pairs)

Jun 21, 2016 12:18 pm UTC| Commentary

Dollar index trading at 93.59 (-0.02%) Strength meter (today so far) Aussie +0.6%, Kiwi +0.62%, Loonie +0.2% Strength meter (since last week) Aussie +1.36%, Kiwi +0.96%, Loonie +0.62% AUD/USD Trading at...

Currency snapshot (major pairs)

Jun 21, 2016 12:12 pm UTC| Commentary

Dollar index trading at 93.59 (-0.02%) Strength meter (today so far) Euro -0.06%, Franc +0.31%, Yen -0.81%, GBP +0.46% Strength meter (since last week) Euro +0.37%, Franc -0.04%, Yen -0.59%, GBP +2.74% EUR/USD...

Briferendum Series

Briferendum Series: Just two days to the referendum who in Europe are willing to part with Britain?

Jun 21, 2016 11:54 am UTC| Commentary

With just two days to the referendum, many of the European leaders of the Union, as well as some media houses from Europe has been making passionate pleas to the voters for voting to stay in the Union. Still there are some...

Chinese fiscal spending rises faster as downward pressure on the economy still persists

Jun 21, 2016 11:39 am UTC| Economy Commentary

In the aftermath of all the recent dataflow, we still see more targeted stimulus ahead. It is worth bearing in mind that fiscal spending picked up in May and this is going to continue as will the focus on infrastructure...

German investor sentiment rises on hopes of economic resilience; beats market consensus

Jun 21, 2016 11:21 am UTC| Commentary Economy

Germanys investor sentiments in June rose on hopes of economic resilience in the Eurozones largest economy, according to a survey by a private think tank, despite a weak global condition in thewake of Brexit referendum,...

Rising corporate bond defaults a serious concern for China’s bond market

Jun 21, 2016 11:17 am UTC| Commentary

In 2016, Chinas 10-year government bond yield rose 13 basis points to 2.95 percent through Monday. This was the only rise amongst similar-maturity sovereign debt in the 15 biggest economies globally. Chinas bonds have been...

CSRC to curtail speculation on shell companies

Jun 21, 2016 11:15 am UTC| Commentary

The China Securities Regulatory Commission (CSRC) is set to undertake actions in order to curtail speculation on shell companies set off by China concept stocks returning to the A-share market. The rules are likely to make...