Portugal receives debt warnings from IMF
Aug 10, 2015 08:24 am UTC| Insights & Views
Portugals economy which has started recovering moderately received warnings from International Monetary Fund (IMF) over its debt. According to IMF Portugals high debt if not tackled with further austerity and belt...
Greece likely to reach deal by this week
Aug 10, 2015 07:47 am UTC| Insights & Views
Greece and Euro zone partners are closer to the deal than many had originally assumed. Chances now stands high that Greece will secure the final deal by August 20th. As of latest comments, there seems to be no concern...
Aug 10, 2015 07:46 am UTC| Insights & Views
This pair has been puzzling a lot by evidencing speculative price fluctuations but ever since a bullish engulfing pattern candle occurred the leading oscillators have not been showing clear signals. The bullish engulfing...
Weekend economic releases from China call for further stimulus
Aug 10, 2015 07:10 am UTC| Insights & Views
Over the weekend release of economic dockets from China, continued to pose weakness in broader economy and Chinas exports. Key highlights - Exports registered their biggest drop in four months. Exports were down...
Aug 10, 2015 06:55 am UTC| Insights & Views
The leading indicators (RSI and stochastic) suggest sideway trend in this pair, while 10 day moving average (a lagging indicator) on daily charts also signals sideway movements but it is a sell on weekly. These indications...
Aug 10, 2015 06:51 am UTC| Insights & Views
Despite the formation of bearish pattern candles such as Dojis on weekly and sharp shooting star spinning top on daily charts. This was boosted up by downward convergence by weekly RSI and overbought signal by stochastic,...
Guide to today’s important data and events
Aug 10, 2015 06:38 am UTC| Insights & Views
Not many economic releases scheduled for today and risks associated are low. Data released so far - Japan - Consumer confidence dropped to 40.3 in July from 41.7 in June. Upcoming - Euro zone - Sentix investor...
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