BOE mandate at risk of change – Courtesy Labour Party UK
Sep 28, 2015 11:33 am UTC| Insights & Views
John McDonnell, shadow chancellor, of UK Labour Party confirmed that the party will review the mandate of Bank of England (BOE) to make it more focused on growth and investment. As of now, the Banks monetary policy...
Glencore stock price drops more than 25%, commodity rout starts claiming victims
Sep 28, 2015 11:09 am UTC| Insights & Views
Commodity rout lead by the fear of slowdown in China, wind up in US Federal Reserve monetary easing and weak global growth has started claiming victim. This year, thanks to the above mentioned factors corporate defaults...
Spanish assets outperform European peers, shrugging off Catalonian election outcome
Sep 28, 2015 10:44 am UTC| Insights & Views
Spanish assets are on the rise, beating their European peers, in spite of Catalonian election over the weekend, where pro-independence party is set to form the government. This is an extreme contrast, where many...
CFTC commitment of traders report review (FX)
Sep 28, 2015 09:34 am UTC| Insights & Views
CFTC commitment of traders report was released on Friday (22nd September) and cover positions up to Tuesday (25th September). COT report is not a complete presenter of entire market positions, since future market is...
Guide to today’s important data and events
Sep 28, 2015 09:13 am UTC| Insights & Views
Not many economic dockets to be released today, focus on US income spending data. Data released so far - Japan - Coincident index for July dropped marginally to 113.1 from prior 113.3. Leading economic index...
Sep 25, 2015 17:01 pm UTC| Insights & Views
Energy pack is trading in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is up squeezing the spread with Brent. Todays range $44.8-46.4 WTI is currently trading at $45.4/barrel. Immediate...
Sep 25, 2015 16:52 pm UTC| Insights & Views
Equities are all trading in green today. Performance this week at a glance in chart table - SP 500 - SP 500 gained throughout Asian and European session, however profit booking seen in New York sessions. Todays range...
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