
Job losses and weak growth haunt UK’s manufacturing sector
Oct 01, 2015 09:23 am UTC| Insights & Views
UKs manufacturing sector likely to weigh on bank of Englands (BOE) aspiration to hike rates at turn of the year. According to Markits report, manufacturing sector posted weakest quarter in past two years. BOE members has...

No recovery in sight as China’s business activity declines at fastest pace since 2009
Oct 01, 2015 07:47 am UTC| Insights & Views
Data keep on suggesting that Chinas slowdown if far from over. After Mondays earnings showed Chinas industrial profits contracted by -8.8%, todays PMI report suggests such contraction is likely to follow third...

FxWirePro: Kiwi dollar gains on positive notes from China but long term downtrend to resume
Oct 01, 2015 07:35 am UTC| Insights & Views
Kiwi dollar gained against U.S. dollar on the back of upbeat manufacturing numbers of China (manufacturing PMI increased from previous flash of 47.0 to the current flash at 47.2). Australia and New Zealand are the two...

India’s manufacturing PMI supports RBI's 50 bps rate cut
Oct 01, 2015 06:59 am UTC| Insights & Views
This week, Reserve Bank of India (RBI) led by eminent economist Raghuram Rajan took unprecedented step to reduce policy rates by 50 basis points (bps) compared to market expectations of just 25 bps. RBI pointed at lower...

Oct 01, 2015 06:43 am UTC| Insights & Views
The pair was neither unsustainable breaking above the resistance at 121.678 levels no does it breach below support at 118.942 on the downside on weekly charts, leading RSI oscillator showing convergence with falling...
Guide to today’s important data and events
Oct 01, 2015 06:19 am UTC| Insights & Views
Lot of economic dockets to be released today, some with high risks associated. Data released so far - China - Official manufacturing PMI came at 49.8 compared to 49.7 prior and non-manufacturing PMI came at 53.4 same...

Currency snapshot (major pairs)
Sep 30, 2015 17:24 pm UTC| Insights & Views
Dollar index trading at 96.10 (+0.10%). Strength meter (today so far) - Euro -0.70%, Franc -0.45%, Yen +0.07%, GBP -0.17% Strength meter (since last week) - Euro +0.34%, Franc +0.75%, Yen +0.48%, GBP -0.13% EUR/USD...