Feb 09, 2016 11:48 am UTC| Insights & Views
Price curve has been moving "Head and shoulder pattern" but has tested the neckline support at 29.53 levels. HS with peak at 33.78 and right shoulder at 32.72 and left shoulder at 32.50.Although it seems like this...
Feb 08, 2016 09:53 am UTC| Insights & Views
Off late retracements in USD versus emerging market currencies looks overdone, but BRL will likely underperform on any risk-off event. We foresee BRL as one of the most vulnerable currencies because of looming...
Decline in Chinese FX Reserves - No exciting celebration during Chinese New year
Feb 08, 2016 09:14 am UTC| Insights & Views Central Banks
Foreign exchange reserves in China declined $99.5bn to $3.23tn in January of 2016, slightly lower than the monthly fall of $107.9bn in December, which was the biggest on record. The China international reserve number...
Why raising the minimum wage isn't the best way to reduce inequality
Feb 07, 2016 15:58 pm UTC| Insights & Views Economy
Walmart is giving more than one million of its employees a raise later this month as part of a plan that will lift all but its newest hires to at least US$10 an hour. The move, first announced last year, follows an...
Will extreme weather events get Americans to act on climate change?
Feb 07, 2016 15:49 pm UTC| Insights & Views Nature
Scientists are drawing a link between climate change and extreme weather events with increasing confidence. An American Meteorological Society report, for example, studied 28 individual weather events occurring in...
Australia, the US and Europe are climate 'free-riders': it's time to step up
Feb 07, 2016 15:45 pm UTC| Insights & Views
The Paris climate agreement finalised in December last year heralded a new era for climate action. For the first time, the worlds nations agreed to keep global warming well below the critical threshold of 2℃. This is...
Two extremes – how the rich and poor spend their Chinese New Year
Feb 07, 2016 15:26 pm UTC| Insights & Views Life
One of the biggest annual celebrations around the world is upon us. February 8 marks the start of the Lunar New Year in China. Also known as the Spring Festival, it is the most important holiday in the Chinese calendar,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects