RBA to stand pat in Oct policy meet, weakness expected in exchange rate
Oct 05, 2015 11:19 am UTC| Insights & Views Central Banks
Australias current cash rate stands at a record low of just 2 percent after the RBA slashed rates by 25 basis points, or 0.25 per cent, in both February and May this year. Market and most analysts believe interest rates...
Eurozone services growth still solid but losing steam
Oct 05, 2015 10:43 am UTC| Insights & Views
Economic dockets from Euro zone are painting mixed picture of the region, while growth is definitely way stronger than it was during crisis of 2011/12, even much better than pre-QE, the turmoil in emerging markets is...
Eurozone consumers signal strength via retail trade
Oct 05, 2015 09:32 am UTC| Insights & Views
Euro zone consumers are living up to the theory that reformed European Monetary Union has one of the best growth dynamics in the world as of now. While weaker Euro is working its magic for exporters making their products...
Diminishing UK services growth a real worry for BOE to hike rates
Oct 05, 2015 08:58 am UTC| Insights & Views
Services sector remains the most prized asset of UK economy which generated more than $7 billion export surplus in 2014 and wage hike has been most prominent in that sector. Now latest PMI report shows that growth has...
Made in America fails to work for American Apparel, now filing bankruptcy
Oct 05, 2015 08:21 am UTC| Insights & Views
Teenage clothing retailer American Apparel, that posted $19.4 million loss for second quarter, its 10th such consecutive loss has now filed for US chapter 11 bankruptcy protection and said it had reached restructuring...
Guide to today’s important data and events
Oct 05, 2015 06:49 am UTC| Insights & Views
Lot of economic dockets scheduled for today, all with low to medium risks associated. Data released so far - Australia - ANZ job advertisements rose by 3.9% in September, compared to 1.3% in August. Japan - Labor...
FxWirePro: Gravestone Doji on AUD/NZD - bearish swings to prolong
Oct 05, 2015 06:37 am UTC| Insights & Views
We traced out bearish gravestone doji pattern around 1.1218 levels on weekly charts in earlier post, and leading oscillators to substantiate current price fluctuations.This bearish pattern doji is an extremely helpful for...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects