MSCI emerging market index likely to make further gains
May 27, 2015 16:55 pm UTC| Commentary
Although the MSCI Emerging Markets equity index rallied by nearly 14% from mid-March until late-April, since then it has fallen back by almost 4%, in what appears to be a reversal of previous trends.MSCI country indices...
May 27, 2015 16:03 pm UTC| Commentary
Western Union:The USD Dollar Index resumed its upward march moving higher for the fourth consecutive day. It traded a high of 97.497 today which is 4.36 percent higher than the low it traded earlier this month on the 14th...
May 27, 2015 16:02 pm UTC| Commentary
Western Union:The Sterling Pond has now given up a substantial part of the gains posted after the crucial general elections earlier this month. The strong US Dollar has reversed some of these gains.There are expectations...
May 27, 2015 16:02 pm UTC| Commentary
Western Union:The Japanese Yen plummeted to eight year lows on the back of a strong US Dollar. The minutes of Bank of Japans April meeting indicated that the time frame for achieving its target of 2 percent inflation could...
May 27, 2015 16:01 pm UTC| Commentary
Western Union:The deadlock in Eurozone on Greeks negotiations continued with no expectations on an immediate resolution. German Finance Minister Wolfgang Schaeuble dismissed the idea that Germanys tough stance in the Euro...
OPEC likely to hold fast next week
May 27, 2015 14:57 pm UTC| Commentary
The next meeting of the Organisation of the Petroleum Exporting Countries (OPEC), on 5th June, is set to be almost as closely watched as the previous one in November.The recent rebound in oil prices has taken some of the...
Bank of Canada stands pat as its outlook remains unchanged
May 27, 2015 14:54 pm UTC| Commentary
Bank of Canada kept its policy rate unchanged at 0.75% this morning. The Bank continues to expect both economic growth and inflation to evolve largely in line with past communications, resulting in the output gap closing...
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