
Currency snapshot (major pairs)
Apr 21, 2015 14:04 pm UTC| Insights & Views
Dollar index trading at 98.27 (+0.38%). Strength meter (today so far) - Euro -0.50%, Franc -0.35%, Yen -0.42%, GBP -0.24% Strength meter (since last week) - Euro -1.10%, Franc -0.59%, Yen -0.60%, GBP -0.57% EUR/USD...

India’s public sector banks look lovely
Apr 21, 2015 13:33 pm UTC| Insights & Views
Funds continue flow to India both in form of direct and portfolio investments. Investors and business owners are optimistic on India this year, as new government try to reverse the course of ailing economy with mixed...
FXCM looks to sell assets, learning from Swiss shock
Apr 21, 2015 11:43 am UTC| Insights & Views
On January 15th, 2015 Swiss national Bank (SNB) created havoc in financial markets by removing the Euro peg abruptly without any prior warning. SNB just two days ago assured market participants about the pegs stay. That...
Euro area debt and deficit review
Apr 21, 2015 11:41 am UTC| Insights & Views
Today Eurostat released government debt and deficit estimate for Euro zone and European Union, which saw reduction in deficit and rise in government debt. Euro area deficit now stands at 2.4% of GDP and 2.9% for European...
Kiwi trades on sideways amid turbulent global economic environment
Apr 21, 2015 10:45 am UTC| Insights & Views
The international factors of US influenced the recent trade rallies and in particularly changing expectations of when and by how much interest rate could be hiked by the US Fed. Domestically economic data have been mixed...
Chinese slow down creates ripples across global market
Apr 21, 2015 10:23 am UTC| Insights & Views
Latest data point that GDP growth in China slowed to 7% in the first quarter, down from 7.4% in the previous. Other macro-economic indicators such as Industrial production, producer prices, urban investments all pointing...
Apr 21, 2015 10:21 am UTC| Insights & Views
European Central Bank (ECB) has the potential to turn into Europes bad bank, should Greece choose to default and move to the exit. ECB has taken up large exposure to Greek bonds via Emergency Lending Facility (ELA),...