
Fundamental evaluation series – Euro and policy divergence
Dec 02, 2015 11:08 am UTC| Commentary Central Banks
Recently there has been some concern over Euro/Dollar trade, while some analysts are pointing out that Euro might take further dip, especially with further easing from European Central Bank (ECB) as early as tomorrow,...

Gold remains unresponsive to disappointing US economic data
Dec 02, 2015 10:51 am UTC| Commentary
Gold price did not react to weak US economic data, or to the Weaker USD and ended tradinf virtually unchanged yesterday. The precious metal continues to trade around $1070 per troy ounce today morning. Market is clearly...
OPEC meeting to spark further price pressures on oil?
Dec 02, 2015 10:29 am UTC| Commentary
Two days more for OPEC meeting and oil prices remain under pressure. Brent price currently is less than $45 per barrel, caused due to the supply glut. OPEC member Venezuela made its appeal for a cut in production...
China's monetary policy to remain accomodative further as indebtedness clouds growth outlook
Dec 02, 2015 10:23 am UTC| Commentary
The local financial media in China reported that China has plans to swap another CNY11.5 trn local government debt to bonds, in next two years. At present, the volume outstanding in Chinas onshore bond markets is about CNY...

George Osborne’s ambitious plan and construction PMI remain in contrast
Dec 02, 2015 10:17 am UTC| Commentary Politics
In autumn economic outlook, UK finance chief George Osborne announced the most ambitious housing plan, in more than four decades. He has vision to build as much as 400,000 new houses across UK to rein over rise in property...
BoC’s likely to hike rates in imminent future
Dec 02, 2015 10:09 am UTC| Commentary Central Banks
Import prices in Canada have increased by 10.3% year on year and export prices by only 1.8%. As a result, terms of trade of the economy are becoming worse. This also leads to an inflationary pressure in the...
AUD appreciates on RBA Governor’s optimism, further potential seems limited
Dec 02, 2015 09:39 am UTC| Commentary
RBA governor Stevens appears to be optimistic about the Australian economy, which is how his speech in Perth today is being interpreted. That was not even able to support AUD further. Following the AUD rally yesterday...