PBoC's RRR cut signals stepping-up of policy support
Apr 20, 2015 15:50 pm UTC| Commentary
PBoC cut the required reserve ratio (RRR) for Chinas banks on Sunday signaling a stepping-up of policy support. The cut also suggests that any concerns policymakers have about the rapid gains in equity prices have been put...
German ZEW headline index may have fallen slightly in April
Apr 20, 2015 15:37 pm UTC| Commentary
Marchs rise left German ZEW headline index at a one-year high of +54.8 and the rise in equity prices at the start of this month suggested that optimism had continued to build.However, rising risks of Grexit may have taken...
Soften GBP volatility curve as UK polls nearing
Apr 20, 2015 12:09 pm UTC| Commentary
Strategy: Neutral to Bullish Political pressure on the eve of UK elections has to be halt aside from currency risks. It may hurt British pounds against other major currency counterparts. However, other fundamentals are...
Oil prices post steepest weekly gains in years
Apr 20, 2015 10:02 am UTC| Commentary
Oil prices have risen by a further 1% to $64 per barrel (Brent) and a good $56 per barrel (WTI) as the new week begins, after having already surged by just shy of 10% and nearly 8% respectively last week. These were the...
Oil driven news factored in crude prices? A bulls eye on crude oil
Apr 20, 2015 07:18 am UTC| Commentary
Near term gains are still a luring factor for commodity traders, it is expected that bull run of crude oil to remain intact as the prices to trade higher continuing its positive impetus from the previous trading session....
Easter period supports Polish retail sales growth in March
Apr 20, 2015 06:44 am UTC| Commentary
Polish retail sales in March were mainly driven by food products sales and other sales in non-specialized stores. Due to low oil prices it is likely that fuel sales dropped by around 14% yoy.Societe Generale sees retail...
Polish industrial output growth to accelerate further in March
Apr 20, 2015 06:40 am UTC| Commentary
The Polish PMI reflected a decrease from 55.1 points to 54.8 points in March but still indicates the solid state of Polish industry.The acceleration in industrial output growth in March is also supported by the calendar...
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
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