Demand for longer end Treasury healthy ahead of FOMC
Sep 11, 2015 10:43 am UTC| Insights & Views
As US Federal Reserve closes in on rate hike, which could come as early as next week, demand for longer end treasury is showing strength going into the rate decision. Last night US auctioned $13 billion longer dated (30...
Goldman slashes crude price forecast, might reach $20/barrel in one scenario
Sep 11, 2015 10:21 am UTC| Insights & Views
Analysts at Goldman Sachs, one of the most respected investment banks in US, have taken axe and further slashed forecast for crude oil surprise. According to the bank, crude price might even reach $20/barrel in one...
Sep 11, 2015 10:20 am UTC| Insights & Views
Central Bank of Russia (CBR) is going to announce its monetary policy decision today at 11:30 GMT. Central bank will also release latest statistics on foreign trade. However todays rate decision would be no easy for the...
Sub-prime loan disbursement risk goes up with increased lending in China
Sep 11, 2015 09:28 am UTC| Insights & Views
Data suggests policymakers in China is getting, what they have been looking for, increase in lending. However it comes with heavy additional risks as Chinese economy is slowing down making the rate of return on many...
UK construction output slows down in spite of supply shortage
Sep 11, 2015 09:10 am UTC| Insights & Views Economy
According to latest data, UK construction output contracted by 1% in July from June, while economists were expecting growth of 0.5%. This week Halifax house prices showed property prices in UK went up 2.7% in August,...
Why recovery in Nickel price won’t be easy to come by?
Sep 11, 2015 09:08 am UTC| Insights & Views
Nickel price was trading around $50,000/ton before financial crisis and after six years from the crisis and so much of stimulus from global central banks, Nickel is hovering around $10,000/ton. Nickel price will not be...
Sep 11, 2015 07:44 am UTC| Insights & Views
We anticipate the Yen would continue to gain in future although upswings for the moment are rallying on this pair but any abrupt swings may turn adversely as we think todays upswing is not that robust and long lasting, so...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects