Currency snapshot (major pairs)
Jun 29, 2015 15:56 pm UTC| Insights & Views
Dollar index trading at 95.20 (-0.20%). Strength meter (today so far) - Euro +0.25%, Franc +0.56%, Yen +1.04%, GBP +0.20% Strength meter (since last week) - Euro -1.72%, Franc -1.98%, Yen -1.01%, GBP -0.85% EUR/USD...
Currency snapshot (commodity pairs)
Jun 29, 2015 15:28 pm UTC| Insights & Views
Dollar index trading at 95.33 (-0.07%) Strength meter (today so far) - Aussie +0.12%, Kiwi -0.06%, Loonie -0.02%. Strength meter (since last week) - Aussie +0.12%, Kiwi -0.06%, Loonie -0.02%. AUD/USD - Trading at...
Chancellor Merkel takes hard stance against Greece
Jun 29, 2015 14:46 pm UTC| Insights & Views
Germany as well as Chancellor Angela Merkel has always sided with the idea of keeping Greece within Euro zone, however latest unilateral action by Greek government to call a referendum might have soured the mood in Germany...
Sentiment sours in Europe as Greek drama drags
Jun 29, 2015 14:17 pm UTC| Insights & Views
Deteriorating Greek situation pushed sentiment lower across Europe. Communications from Greek government and Eurozone creditors remain far off, so does the negotiation. Greeks are now facing looming referendum on latest...
Jun 29, 2015 12:53 pm UTC| Insights & Views
USD/RUB is approximately remained stagnant or a little higher in June following CBR rate cuts and flattish crude prices in a $63-65/bbl range. The CBR cut its key rate 100bp to 11.5% as expected, but the more interesting...
Why Euro is up despite Greek referendum?
Jun 29, 2015 12:51 pm UTC| Insights & Views
Euro has gone up today, against expectation of many that today could be another black Monday for stocks and devastating for Euro. Euro opened sharply lower, almost 150 points down from Fridays close at 1.10 area and...
What’s cooking in exotic pairs? Hung parliament in Turkey
Jun 29, 2015 12:11 pm UTC| Insights & Views
This is a crucial week for Turkish politics, which adds to the risk off sentiment already imposed by developments in Greece: the new parliament speaker is set to be elected by middle of the week, and this will be followed...
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