Yields rises in UK over BOE hints
Jul 29, 2015 15:28 pm UTC| Insights & Views
Yields are clearly on the rise today as investors have finally started to align with comments from Bank of England (BOE) governor Mark carney, according to whom BOE is likely to follow FED and hike rates. UK 2 year...
India keeps shining as new FDI destination
Jul 29, 2015 14:56 pm UTC| Insights & Views
India is clearly shining the bright among emerging market darkness. After announcement by Foxconn, Apples largest vendor to invest in India to make it one of its largest manufacturing base, General Motors chief executive...
While weaker Euro boosts sales, dollar provides mean punch
Jul 29, 2015 14:35 pm UTC| Insights & Views
Weaker Euro is boosting revenues and profits of European companies but dollar is doing just the opposite for US companies. This earning season totally revealed that strong dollar is not being good for US economy, moreover...
What to watch out for in FOMC today –
Jul 29, 2015 14:00 pm UTC| Insights & Views
Today FOMC will announce its monetary policy decisions at 18:00 GMT. This will be todays most watched event as market participants will be trying to gauge not only for hints over first rate hike but how hawkish FED...
API reports deficit, while crude awaits EIA report
Jul 29, 2015 13:49 pm UTC| Insights & Views
Crude is trading at bearish territory but jumped back sharply from interim support around $46/barrel area. Todays report might work as key catalyst for crude oil market, though focus for today is on FOMC. Todays...
Expect highly volatile dollar today ahead of data season
Jul 29, 2015 13:34 pm UTC| Insights & Views
The US is to release figures on Q2 growth on Thursday, which were expected to show that the economy rebounded following a contraction in the Q1 after an unusually harsh winter. Data on Tuesday showed that US consumer...
FxWirePro: Sell Euro against Pound
Jul 29, 2015 12:57 pm UTC| Insights & Views
As monetary policy divergence is coming to focus with rate hike signal from Bank of England (BOE), Pound is likely to gain further against Euro. BOE governor Mark Carney has clearly signaled this month that if current...
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