Old age population in US and China seen growing around same rate
Jan 20, 2016 07:04 am UTC| Commentary
China, amongst the emerging markets, has one of the oldest population age structures. There is only one year difference in the median age between the US and China. The 65+age cohort in China is expected to increase at...
Bears again take up charge of global markets after Monday pause
Jan 20, 2016 06:51 am UTC| Commentary
Bears have once again taken up control of the market, more forcefully today after small break on Monday. Monday US stock market was closed over Martin Luther King holiday, and bulls were able to stage some recovery around...
Markets divided over Central Bank of Brazil’s rate decision scheduled today
Jan 20, 2016 06:24 am UTC| Commentary
The Central Bank of Brazil will announce its latest COPOM rate decision today. According to Bloomberg, analysts forecast the central bank to raise the SELIC policy rate by 50bp to 14.75%. Traders expect the central bank to...
Oil dips again on Wednesday, API report ahead
Jan 20, 2016 06:20 am UTC| Commentary
(Correction The article has been edited to mention the news source as WBP Online) With rising worries over the global supply glut, oil prices continued their downward fall on Wednesday, with both benchmarks trading...
Guide to today’s important data and events
Jan 20, 2016 06:14 am UTC| Commentary
Lot of economic dockets scheduled for today and some with high risks associated. Upcoming - Germany - Producer price index for December to be released at 7:00 GMT. UK - Unemployment report to be released at 9:30...
Gold supported above $1090, intraday bias bullish
Jan 20, 2016 06:06 am UTC| Commentary
Gold is currently trading at $1092 levels, made intraday low at $1087 and high at $1093 levels. Intraday bias remains bullish in the back of safe heaven asset. Investors still remain worried over the global growth...
Daily Economic Outlook/ Jan 20
Jan 20, 2016 06:03 am UTC| Commentary
The December US CPI data due to be released today is likely to show a rise by 0.22pp to 0.7% y/y. The December housing starts and building permits are expected to continue on a strong upward trend.Decembers labour market...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects