Chinese measures to prevent stock crash - shortsighted and dangerous
Jul 07, 2015 09:42 am UTC| Insights & Views
Chinese authorities are throwing in almost everything to prevent a stock market meltdown, which at its peak was up more than 150% in 12 months. The rally has soured since June and the stock market is down almost 28% in...
Chinese measures to prevent stock crash - shortsighted and dangerous
Jul 07, 2015 09:06 am UTC| Insights & Views
Chinese authorities are throwing in almost everything to prevent a stock market meltdown, which at its peak was up more than 150% in 12 months. The rally has soured since June and the stock market is down almost 28% in...
Pound awaits to take cue from Industrial production
Jul 07, 2015 08:03 am UTC| Insights & Views
Today at 8:30 GMT, industrial and manufacturing production details would be released for month of May. Why is it vital? Industrial production along with manufacturing is vital for any nation showing the pace of growth...
Guide to today’s important data and events
Jul 07, 2015 08:01 am UTC| Insights & Views
Lot of economic dockets scheduled for today with high risk associated. Data released so far - Australia - Reserve Bank of Australia (RBA) kept monetary policy steady in todays meeting. Germany - Industrial...
FxWirePro: GBP/USD hedging perspectives; bear spreads keep tight hedge
Jul 07, 2015 07:49 am UTC| Insights & Views
The GBPUSD retracements of the previous channel line distance as anticipated earlier on EOD charts, currently trading near channel line support back again at around 1.5556 levels. If a breach of these levels can drag again...
Jul 07, 2015 07:05 am UTC| Insights & Views
After some inconsistent shifts in February and March on the back of the Q1 labour dispute at West Coast ports, the April US trade balance of -$40.9bnwas close to its average of the last two years. This afternoons release...
Jul 07, 2015 06:15 am UTC| Insights & Views
On intraday charts, bullish engulfing like candle appeared on declines. This bullish candle with reasonable volumes on downswings suggests that the bulls in this pair started showing buying interest.Slow stochastic does...
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