Rebound in major currencies gives break to real rupee strength
Mar 31, 2016 06:58 am UTC| Commentary
In March, the Indian rupee gained over 3% against the US dollar after reaching record lows of 68.70 in February. The appreciation has assisted the unit to greatly reduce its year-to-date losses. However, the rupee still...
Russian economy to contract again in 2016, fundamentals to remain weak
Mar 31, 2016 06:37 am UTC| Commentary
In 2015, Russias economic growth contracted 3.7% y/y. The economy is being continuously impacted by economic sanctions by Europe and US, and by lower oil prices. According to World Bank, the Russian GDP growth is expected...
Japanese bond yields rise on expectation of strong U.S employment data
Mar 31, 2016 06:22 am UTC| Commentary
The Japanese 10-year bond prices slumped on Thursday as traders look to strong U.S. employment data for the next clue to the Federal Reserves interest-rate path. The benchmark 10-year bonds yield added 35.63% and 3-year...
Australia’s housing credit growth to remain strong in near future
Mar 31, 2016 06:19 am UTC| Commentary
Australias February credit growth came in slightly above market forecasts. Housing credit growth continues to be stable; however, in recent months, it has moderated slightly. Business credit growth continues to be...
FED Hike Aftermath Series: Checking the hike odds post-Yellen
Mar 31, 2016 06:16 am UTC| Commentary Central Banks
After initial FOMC projections cut jolt, rate hike odds were fast forwarding towards June as FOMC projected two rate hikes this year. So which could be the best month to increase rates than June if the hikes to be...

Mar 31, 2016 05:47 am UTC| Commentary
Office of National Statistics (ONS) will release final reading of third quarter GDP estimate. Pound traders are awaiting the release to take further cue from. Past trends UK GDP growth stands highest among...
Australian Bonds trade flat ahead of monetary policy meet
Mar 31, 2016 05:40 am UTC| Commentary
The Australian 10-year bond yield is unchanged on Thursday after snapping a long rally while tracking U.S. trends following a dovish stance from the US Federal Reserve Chair Janet Yellen on Tuesday. The benchmark 10-year...