
May 24, 2016 07:14 am UTC| Commentary
We are emphasizing on long term uncertainties ahead of series of event risks such as Brexit, Grexit and inflationary challenges etc. Various poll surveys still indicate lot of uncertainties lingering around EUR and...
US new homes sales likely recovered in April, advance goods balance expected to have widened
May 24, 2016 06:52 am UTC| Commentary
US new home sales are expected to have increased in April. Newly built homes are likely to have increased at a seasonally adjusted annual rate of 1.8% to 520,000 in April, noted Societe Generale in a research report. This...
German bunds climb on soft economic growth
May 24, 2016 06:37 am UTC| Commentary
The German bunds surged further on Tuesday after reading weaker than expected first quarter Gross Domestic Product (GDP) figure. Also, investors shifted to safe-haven buying amid losses in riskier assets including crude...
Firmer Apr inflation likely to narrow the odds of a RBI rate cut
May 24, 2016 06:30 am UTC| Commentary
The possibility of the Reserve Bank of India cutting rates further has eased out with the nations April inflation figures impressive. Other factors, apart from a basket of demand and supply dynamics have also played to...
Glenn Stevens, Iron ore and oil take toll on Aussie
May 24, 2016 06:10 am UTC| Commentary
Australias top exporting commodities, iron ore, oil, gas has been taking toll on Aussie since 21st April, and especially so after Reserve Bank of Australia (RBA) introduced a rate cut of 25 basis points. Aussie, which has...
US core inflation to remain above 2 pct in 2016, 2017
May 24, 2016 06:07 am UTC| Commentary
The FOMC appears to be at ease with the state of the US economy and seems to be eager to see through the weak Q1 activity data, exerting weight on continuing rebound in the labor market, said Barclays in a research report....
Singapore headline inflation seen tad lower on sluggish property market
May 24, 2016 05:48 am UTC| Commentary
Singapore first quarter headline inflation is expected to be tad lower from the last quarter on the backdrop of sluggishness in property market. The gross domestic figures to be released Wednesday shall remain weak amid...