
May 11, 2017 09:38 am UTC| Central Banks Research & Analysis Insights & Views
The two main overnight movers were the NZD and the CAD. The NZD is under pressure on the back of dovish rhetoric from Governor Wheeler, while the CAD reversed its oil price following gains after Moodys downgraded several...

May 11, 2017 07:41 am UTC| Technicals Insights & Views
After strong support at 1.8660, bulls have managed to bounce back with sharp rallies with convincing volumes. As a result, the bullish engulfing pattern candle is traced out (refer 4H chart). Current price, for now, has...
May 11, 2017 06:51 am UTC| Central Banks Research & Analysis Insights & Views
At its May interest rate review, the Reserve Bank of New Zealand kept the Official Cash Rate (OCR) on hold at 1.75%, as expected. However, the RBNZ also concluded that developments since the February Monetary Policy...
Budget bank levy: too big to fail, not too big to take a hit
May 11, 2017 00:26 am UTC| Insights & Views Economy
The budget announcement of a 0.06% levy on a subset of bank liabilities looks arbitrary, and is certainly politically opportunistic. But it could be rationalised as a response, albeit probably not the best response, to...

These three firms own corporate America
May 11, 2017 00:15 am UTC| Insights & Views Economy Investing
A fundamental change is underway in stock market investing, and the spin-off effects are poised to dramatically impact corporate America. In the past, individuals and large institutions mostly invested in actively...
Donald Trump fires FBI director and a new national nightmare takes hold
May 11, 2017 00:08 am UTC| Insights & Views Politics
Ever since Donald Trump took office amid revelations of Russian meddling in the 2016 election and his teams connections with the Kremlin, a monumental political time-bomb has been steadily ticking. But things took an...

May 10, 2017 13:29 pm UTC| Research & Analysis Insights & Views
Macro outlook: In the UK, Politics continues to dominate the headlines, with further signs that the UK and the EU are entering the Brexit negotiations some distance apart. PM May accuses the EU of interfering with...