Major Asian markets trading higher, Gold hovers around $1240
Mar 03, 2016 03:18 am UTC| Commentary
Most Asian markets are trading on a higher note on Thursday. Hang seng is the only index which is trading on a lower note. From the data front from US, ADP job data released with positive numbers at 214K m/m vs 193K m/m...
Stronger than expected Canada Q4 growth has little to cheer about
Mar 02, 2016 16:45 pm UTC| Commentary
Data released on Tuesday showed that Canadas Q4 GDP beat estimates, printed at +0.8%q/q annualized compared to consensus for 0.0%. December m/m GDP was also slightly firmer. But the detail was less encouraging. Growth...
Canada's Q1 16 GDP growth is likely to be quite tepid
Mar 02, 2016 15:57 pm UTC| Commentary
Canadian economy advanced only 1.2% in 2015, at almost half the pace posted in 2014. Growth is not nearly enough to assure adequate job creation. Canadas terms of trade (the price of exports relative to the price of...
Upbeat Brazil trade balance does not alleviate currency pressures
Mar 02, 2016 15:28 pm UTC| Commentary
Brazils Feb trade balance surprised on the upside, registering a surplus of $3.0bn, the largest for the month in the historical series. Year-to-date, the trade balance has accumulated a surplus of $4.0bn, compared with a...
Downside risks remain for the Aussie
Mar 02, 2016 15:02 pm UTC| Commentary
The Aussie out-performed after strong GDP data released on Wednesday morning. Australian real GDP expanded by a stronger than expected 0.6% Q/Q in Q4, resulting in a 3.0% annual gain - impressive figures given the...
Weak global manufacturing confidence suggests US Q1 16 industrial activity likely to remain subdued
Mar 02, 2016 14:41 pm UTC| Commentary
Barclays global manufacturing confidence deteriorated to -0.75 in February from -0.59 in January. New orders slipped further to -0.62 in February from -0.50 in January, while inventories index fell to -0.56 from...
Mar 02, 2016 13:37 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) - WTI bulls are consolidating around $34 key resistance area. Further rise is likely. Todays range $33.5-34.3 WTI is...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight