Yen remains well bid amid heightened geo-political tensions
Nov 25, 2015 08:52 am UTC| Commentary
Heightened geo-political tension is keeping investors cautious, heading into mega-December. French people still struggling to come back from November 13th attack on Paris by ISIL militants, Belgian capital Brussels...
Politics in Turkey likely to weigh on Lira
Nov 25, 2015 08:45 am UTC| Commentary Politics
Turkeys Lira is slightly weighed on yesterday, which was moving against the last weeks rally, as the Russian fighter jet was seen by a military incident, shot down by Turkish forces. This could potentially lead to...
Losses faced by Poland's banks in Q4 weigh on Zloty
Nov 25, 2015 08:37 am UTC| Commentary
Polands currency PLN is weighed on by the additional losses that would be faced by Polish banks on their earnings, because they will be needing to pay for a co-operative bank, which has failed off-late. This bank owes PLN...
George Osborne to announce plans to tackle UK’s housing problem
Nov 25, 2015 08:23 am UTC| Commentary Economy
Today UK chancellor, George Osborne will present Autumn statement to the parliament around 12:30 GMT, where he is expected to announce measures to tackle UKs housing problem. For the past 5 year, while wages remained...
Italy to fight terrorism with culture
Nov 25, 2015 07:52 am UTC| Commentary
Vibrant Italian Prime Minister, 40 year old Matteo Renzi announced 2 billion additional spending plans, in the wake of November 13 attack on Paris. Half of that money would be used to reinforce security, while the rest...
US October Personal Income and Personal Spending likely rose
Nov 25, 2015 07:16 am UTC| Commentary
In U.S. both the personal income and personal spending rose by $18.6 bn and $15.6 bn respectively in September, accounting to 0.1% rise according to Bereau of Economic Analyasis.The Disposable Personal Income (DPI) also...
German economy likely to slowdown coming quarters
Nov 25, 2015 07:16 am UTC| Commentary
The manufacturing industry in German recorded its first positive contribution this year, after posting negative growth for two quarters. Finance and real estate also showed sign. Due to low commodities prices, the primary...