Yen price squeeze, breakout ahead
Sep 24, 2015 11:13 am UTC| Insights & Views
Yen has moved to a small range against Dollar, since August when equity markets sold off sharply around the world after China chose to devalue Yuan officially. Yen had gained massive over that sell off. Dollar/Yen dropped...
Norwegian Krone falls below parity against Swedish Krona on surprise rate cut
Sep 24, 2015 10:12 am UTC| Insights & Views
Norwegian central bank surprised market today with a rate cut of 25 basis points and pushed Krone sharply down against all currencies. Since market was expecting policy hold, reaction has been very volatile. Key policy...
Japan’s factory employment drops first time in six months
Sep 24, 2015 09:31 am UTC| Insights & Views
Latest PMI report from Markit economic reveals continued weakness in Japans economy, which poses question over Abenomics as well as bank of Japans (BOJ) ability to revive the economy from decade old deflation. While...
Guide to today’s important data and events
Sep 24, 2015 09:06 am UTC| Insights & Views
Lot of economic dockets to be released today with low to medium risks associated. Data released so far Japan - Flash reading shows manufacturing PMI to drop to 50.9 in September from 51.7 in August. All industry...
RBI does everything to glitter INR but pressurized from external macros
Sep 24, 2015 08:50 am UTC| Insights & Views Central Banks
The Indian rupee has been relatively insulated from external pressures from US monetary policy and China. A narrowing in Indias current account deficit from 2013 levels, lower crude oil prices (India is heavily reliant on...
Sep 23, 2015 16:48 pm UTC| Insights & Views
Equities are all trading in green today. Performance this week at a glance in chart table - SP 500 - SP 500 is showing high volatility today, after initial drop in Asian hours it recovered through European session to...
Currency snapshot (commodity pairs)
Sep 23, 2015 15:41 pm UTC| Insights & Views
Dollar index trading at 96.33 (+0.02%) Strength meter (today so far) - Aussie -0.91%, Kiwi -0.44%, Loonie -0.25%. Strength meter (since last week) - Aussie -2.38%, Kiwi -2.02%, Loonie -0.68%. AUD/USD - Trading at...
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