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...
What Yuan’s devaluation means global FX - why Yen is spread from this?
Aug 25, 2015 13:17 pm UTC| Insights & Views
A weaker CNY against the dollar pooled with the perils of slower Chinese growth would entail a number of relevant consequences for global currency baskets, as reflected by our new forecasts. In a nutshell, we see the...
FxWirePro: EUR/GBP’s slumps likely to resume back again
Aug 25, 2015 12:51 pm UTC| Insights & Views Technicals
Technical Glance and Trade Tips: Weekly technical charts that have shown continuous down-streak have now been back again. This pair had taken a brief pause while a slight recovery took place from 19th August, bounces...
Aug 25, 2015 12:40 pm UTC| Insights & Views
Gold has largely benefitted since China first devalued its currency on August 11th. Gold has reached our anticipated target area of $1150/ troy ounce and beyond to trade as high as $1168/troy ounce, testing key resistance...
Wave of stimulus measures from PBoC in bid to recover economy
Aug 25, 2015 12:16 pm UTC| Insights & Views Central Banks
Peoples Bank of China (PBoC) announced measures today to help the ailing economy to recover. PBoC reduced 1 year lending rates by 25 basis points to 4.6%. 1 year deposit rates were reduced by 25 basis points to...
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