Focus now shifts to special Euro zone leaders’ summit on Monday
Jun 19, 2015 08:37 am UTC| Insights & Views
As expected "NO DEAL" once more last night as Euro zone finance ministers held meeting in Luxembourg. Valdis Dombrovskis, the European Commission vice president in charge of euro issues, said that there was no deal yet,...
Medium-trend Yen recovery likely but call ratio spreads hedge major trend
Jun 19, 2015 07:52 am UTC| Insights & Views
Since it has been closely monitored the USDs fluctuations technically and its fundamentals, uptrend on USDJPY is intact.RSI (at 61.9618) evidencing bullish convergence even though bear candles appear in between.While %D...
BOJ shakes up rules – New charts and summary for future path and transparency
Jun 19, 2015 07:40 am UTC| Insights & Views
While Bank of Japan (BOJ) Governor Kuroda maintained monetary policy steady today, he shook up the policy frameworks heavily in order to ensure greater transparency to decision making and clear communication to financial...
Wall Street at record highs as index options look lucrative; dollar indirectly proportionate
Jun 19, 2015 07:11 am UTC| Insights & Views
In our opinion the US looking in good shape, accordingly indices strength is also reasonable.The Dow Jones gained 180.1 points (i.e. 1%) at 18,115.84.SP 500 rose 20.8 points (i.e. 0.99%) at 2,121.24.While NASDAQ surged...
Why could Fed remain obstinate on unchanged rate?
Jun 19, 2015 07:09 am UTC| Insights & Views
Does fed really consider rate hike in September? Or why could we ponder that rate hike remains untouched in September also?Why investment banks are so keen on feds rate decision?More interestingly shedding some light on...
PBOC’s policy easing might be stabilizing China
Jun 19, 2015 06:43 am UTC| Insights & Views
Policy easing by Peoples bank of China (PBOC) might be helping real economy to recover from the slump. Though it is little early to confirm, however some of the underlying data and sentiment is pointing to recovery, if...
CSI 300 suffers worst since financial crisis
Jun 19, 2015 04:44 am UTC| Insights & Views
Chinese stock dragon finally got hurt this week, however it is still premature to call and end to this massive bull rally. As of now, Shanghai Composite is trading at 4687 down from 5174 its recent high. The index is...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight