Funds reduces dollar longs to lowest since summer last year
Jun 22, 2015 15:32 pm UTC| Insights & Views
CFTCs fund stat hardly represents the total market however it provides glimpse of insight, what fund managers are putting their money into. Latest report released on Friday showed, fund managers have reduced their USD...
Shekel soars against dollar over BOI comments
Jun 22, 2015 15:02 pm UTC| Insights & Views
Bank of Israel slashed investors hope that it will deploy unconventional policy measures to boost economy and inflation. Bank of Israel (BOI) left policy rates unchanged as expected at 0.1%, however comments at press...
Euro likely to remain buoyant even without any deal tonight
Jun 22, 2015 13:54 pm UTC| Insights & Views
Euro zone finance ministers meet ended just early, without any resolution. Greece has submitted two proposals, one last night and one in todays morning. However both of them remains still a bit far from what could be...
Investors remain bullish over European equities over any other market
Jun 22, 2015 13:15 pm UTC| Insights & Views
According to latest survey by Barclays, investors remain optimistic over European equities the most this year while US and emerging market equities remain out of favor. According to survey by Barclays Inc. which...
Risk -reward favors to buy Euro against pound and Yen
Jun 22, 2015 11:24 am UTC| Insights & Views
European leaders are all gathering in Brussels to resolve the Greek crisis and to reach a deal that would keep Greece from exiting the Euro zone. Euro remains a good buy against major counterparts as a deal could push it...
ECB raises Greek ELA ahead of summit
Jun 22, 2015 10:24 am UTC| Insights & Views
European Central Bank (ECB), which already has record exposure towards Greece as a percentage of GDP raised the exposure further ahead of European emergency summit to resolve the Greek crisis. Greek uncertainty has been...
FOMC’s wait and watch keeps dollar vulnerable
Jun 22, 2015 09:22 am UTC| Insights & Views
US dollar index, which is value of dollar against basket of currencies is rising today. Talks in the market suggests some funds are buying dollar as a contrary opinion against popular expectation of a Greek deal...
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