Currency snapshot (major pairs)
Nov 11, 2015 15:26 pm UTC| Insights & Views
Dollar index trading at 98.95 (-0.25%). Strength meter (today so far) - Euro +0.07%, Franc +0.07%, Yen +0.09%, GBP +0.35% Strength meter (since last week) - Euro +0.04%, Franc +0.02%, Yen +0.11%, GBP...
Chinese economic concerns push copper to six year low
Nov 11, 2015 14:20 pm UTC| Insights & Views
Concerns over Chinese economy in wake of weaker than industrial production data has pushed copper to new six year low today. In CFD prices dropped to $2.196/pound, while LME quoted $ 4885/ ton. While retail sales have...
German 2 year yield fallen to new record low
Nov 11, 2015 13:41 pm UTC| Insights & Views
When everyone was thinking that European Central Bank (ECB) to cut deposit rates by another 10 basis points to -0.3%, and German bonds pricing it, it just started pricing a bit more. German 2 year yield has fallen to...
Emerging market crisis series – India – corporate vulnerability spreading to banks
Nov 11, 2015 11:49 am UTC| Insights & Views
Reserve Bank of India (RBI) governor Raghuram Rajan, who is an eminent economist, known as Paul Volcker of India (inflation slayer) and among the few who has warned on 2008/09 financial crisis upfront, has been shouting...
Renminbi series – China’s capital overdependence
Nov 11, 2015 10:28 am UTC| Insights & Views
Chinese stock market crash after rising more than 150% and Yuan devaluation have rattled global markets highlighting Chinas importance in world economy today, however these issues are really not Chinas problem but can be...
Political uncertainty to weigh on Portugal’s borrowing cost
Nov 11, 2015 09:27 am UTC| Insights & Views
Newly formed center-right minority government in Portugal has fallen, after a decisive parliamentary vote and now a socialist government, supported by leftist faction of the parliament is set to form government. Portugals...
Chinese data paint mixed picture
Nov 11, 2015 08:47 am UTC| Insights & Views
After projecting weakness through trade balance data (exports down -6.9% y/y, imports down -18.8% y/y) and inflation (CPI down -0.3% m/m in October, PPI down -5.9% y/y), next series of Chinese data released today painted a...
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