Effects of ECB QE disappears over rise in risk from Chinese slowdown
Oct 01, 2015 11:07 am UTC| Insights & Views
European PMI started the quarter in offbeat mode suggesting Europes economies are losing steam as most of the effects of European Central bank (ECB) dilutes. ECBs QE initially lifted Eurozone into inflation (CPI 0.3% in...
Europe’s PMI reading shows why further easing might be necessary
Oct 01, 2015 09:59 am UTC| Insights & Views
Euro zones PMI reported what was broadly expected by the market that regional economies are losing steam after rising from the ashes, riding on the optimism from European central Banks (ECB) record easing. Regional review...
Oct 01, 2015 09:27 am UTC| Insights & Views
EURAUD breaks channel line support once again at around 1.5917 levels previous to which it has formed spinning top as well but inching towards little upwards slowly, while weekly leading oscillators puzzle by signaling...
Job losses and weak growth haunt UK’s manufacturing sector
Oct 01, 2015 09:23 am UTC| Insights & Views
UKs manufacturing sector likely to weigh on bank of Englands (BOE) aspiration to hike rates at turn of the year. According to Markits report, manufacturing sector posted weakest quarter in past two years. BOE members has...
No recovery in sight as China’s business activity declines at fastest pace since 2009
Oct 01, 2015 07:47 am UTC| Insights & Views
Data keep on suggesting that Chinas slowdown if far from over. After Mondays earnings showed Chinas industrial profits contracted by -8.8%, todays PMI report suggests such contraction is likely to follow third...
FxWirePro: Kiwi dollar gains on positive notes from China but long term downtrend to resume
Oct 01, 2015 07:35 am UTC| Insights & Views
Kiwi dollar gained against U.S. dollar on the back of upbeat manufacturing numbers of China (manufacturing PMI increased from previous flash of 47.0 to the current flash at 47.2). Australia and New Zealand are the two...
India’s manufacturing PMI supports RBI's 50 bps rate cut
Oct 01, 2015 06:59 am UTC| Insights & Views
This week, Reserve Bank of India (RBI) led by eminent economist Raghuram Rajan took unprecedented step to reduce policy rates by 50 basis points (bps) compared to market expectations of just 25 bps. RBI pointed at lower...
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