Commodities snapshot (precious & industrial)
Aug 25, 2015 17:49 pm UTC| Insights & Views
Metal pack is mixed today, industrial is up, while precious is down. Performance this week at a glance in chart table - Gold Gold lost its shine investors return to equities as risk aversion faded. Todays range -...
Currency snapshot (commodity pairs)
Aug 25, 2015 16:56 pm UTC| Insights & Views
Dollar index trading at 94.60 (+1.27%) Strength meter (today so far) - Aussie +0.05%, Kiwi +0.91%, Loonie -0.23%. Strength meter (since last week) - Aussie -1.78%, Kiwi -2.37%, Loonie -1.03%. AUD/USD Trading at...
Currency snapshot (major pairs)
Aug 25, 2015 16:43 pm UTC| Insights & Views
Dollar index trading at 94.62 (+1.27%). Strength meter (today so far) - Euro -1.47%, Franc +1.66%, Yen -0.90%, GBP -0.43% Strength meter (since last week) - Euro +0.24%, Franc -0.33%, Yen +1.72%, GBP...
Prominent names call for QE4 from FED
Aug 25, 2015 16:15 pm UTC| Insights & Views Central Banks
Dont doubt it, you are reading it right. Recent financial market turmoil, dented confidence so much that some big names in the industry going further to doubting rate hike from US Federal Reserve next month to call for...
What to watch in this current market turmoil and rout
Aug 25, 2015 15:14 pm UTC| Insights & Views
With high volatility and global market rout it becomes increasingly difficult to decide on the trend or change of mood. For example, yesterday before market opened in US, extremely high volatility engulfed entire global...
PBoC’s stimulus unlikely to do much to prevent market turmoil
Aug 25, 2015 14:15 pm UTC| Insights & Views Central Banks
It may prove unwise to rely on Peoples Bank of Chinas (PBoC) measures to pop up financial markets. Sell offs already showed signs of reverse before the stimulus was announced. SP 500 jumped back sharply from 1830 area to...
Why US rate hike poses lesser risk to financial markets
Aug 25, 2015 13:46 pm UTC| Insights & Views
The actual rate hike from US Federal reserve poses much lesser risks than its anticipation. In anticipation of a rate hike from US Federal reserve has pushed US Dollar to its highest level in more than a decade and...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects