Big sell-offs in commodities as supply glut persists
Nov 12, 2015 14:32 pm UTC| Insights & Views
Today commodity as a pack is in big retreat as supply glut and demand weakness continue to weigh on prices. Copper has decisive broken 3 month congestion and dropped to new six year low today. Price is down for...
Big day for FED watchers and Dollar with six members scheduled to speak today
Nov 12, 2015 13:48 pm UTC| Insights & Views Central Banks
Big day for all the FED watchers as six members are scheduled to speak today. Views of individual members would be weighed by the market to assess the probability of their votes for a rate hike in FEDs December...
Renminbi depreciates for 8th consecutive day, 2 -day shy from all-time record
Nov 12, 2015 13:08 pm UTC| Insights & Views
Today is the eighth day, Yuan depreciated against Dollar making it one of the longest stretch in history and just shy of its all-time record of 10 consecutive days of depreciation back in 2008, since the currency was...
Nov 12, 2015 12:30 pm UTC| Insights & Views
Looking for optimism....just have to look up the I alphabet, and its unanimous, its India, new land of optimism.....is it sounding sarcastic....well as a matter of fact its an irony......this optimism. Optimists...
First Indian bond ETF to be launched this month in London
Nov 12, 2015 12:03 pm UTC| Insights & Views
While Indian Prime Minister Narendra Modi is visiting UK this week, meet his British counterpart, signs deals on financial cooperation, defense and give a speech to UK parliament, London stock exchange in the meantime...
Euro zone industrial production weakness provides reasons for ECB to ease further
Nov 12, 2015 11:22 am UTC| Insights & Views Central Banks
As reported by Eurostat, Euro zone industrial production is down -0.3% in September, compared to August 2015. In August, industrial production was down by -0.4%. However compared to a year ago, industrial production is...
Aussie rises on Jobs report, upside looks limited
Nov 12, 2015 10:25 am UTC| Insights & Views
Australian jobs report for October, released today was nothing less than a block buster, which helped Aussie to be the best performer against Dollar today. Headline unemployment rate dropped by 0.3% from last month...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects