Growth in Brazil’s intermediate and capital goods may hint at import substitution process
Mar 07, 2016 05:47 am UTC| Commentary Economy
Brazils industrial output unexpectedly grew 0.4% m/m sa in January after declining 0.5% in December, improving the trend slightly. But it still shrank 3.7% 3m/3m sa from 4%. Industrial output, in annual basis, shrank 13.8%...
Mar 07, 2016 05:15 am UTC| Commentary
Russias inflation in February slowed sharply to 8.1% y/y from Januarys 9.8% y/y. Inflation decelerated mostly due to base effects as monthly inflation was 2.2% in February 2015 due to pass-through from a severe...
Asian markets trading on a mix note despite positive US NFP job results
Mar 07, 2016 03:52 am UTC| Commentary
Asian markets are trading on a mix note on the start of the new week. In addition, global stock markets are affected by US NFP job results released on last Friday. February US non-farm payrolls far outpaced estimates on...
Mar 04, 2016 16:47 pm UTC| Commentary
Equities are all mixed in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...
BoC will probably leave interest rates unchanged next week
Mar 04, 2016 16:33 pm UTC| Commentary Central Banks
The Loonie tumbled more than 12% against the USD from the middle of October 2015 through the middle of January 2016 in a more or less one-way move. Import prices are rising on the back of the weaker currency, thus also...
Currency snapshot (commodity pairs)
Mar 04, 2016 16:03 pm UTC| Commentary
Dollar index trading at 97.33 (-0.34%) Strength meter (today so far) - Aussie +0.65%, Kiwi +0.8%, Loonie +0.17% Strength meter (since last week) - Aussie +3.95%, Kiwi +2.34%, Loonie +0.97% AUD/USD - Trading at...
Downside risks for EUR/USD rise
Mar 04, 2016 15:54 pm UTC| Commentary
Improved economic data and a somewhat stronger inflation pressure have for now dispelled the fears of a recession in the US that had temporarily dominated the markets. Todays NFP employment report turned positive,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects