NZD’s mounting pressure on foreign bond investors
Jun 25, 2015 12:34 pm UTC| Insights & Views
There were both valuation and policy considerations for selling NZD against SEK. While the valuation proposition has been corrected as the cross has collapsed by 16%, the policy dimension remains intact, and albeit now...
US personal consumption expenditure review
Jun 25, 2015 11:56 am UTC| Insights & Views
Personal consumption, income data along with PCE price index would be released from US at 12:30 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend to...
Jun 25, 2015 11:18 am UTC| Insights & Views
While lower than expected inflation keeps Bank of England (BOE) away from a rate hike it is boosting consumers sentiment pushing tem to spend more as large retailers continue to provide discount to lure...
Reverse Put Ratio Spread for NZD/USD hedging
Jun 25, 2015 10:39 am UTC| Insights & Views
Do you expect any further slumps in kiwi dollar?RSI (14) signaling falling price convergence and it would continue to be in downtrend for some more time. While long bearish real body resembling dark cloud candle has...
Creditors give deadline to Tsiparas as talks move to 11th hour
Jun 25, 2015 10:21 am UTC| Insights & Views
Greek Prime Minister Alexis Tsipras was handed a deadline to come up with new proposal that might be accepted by Creditors. Both the negotiating parties as so far failed to come up with a proposal that might get...
Greek deal on- deal off weighs heavy on markets
Jun 25, 2015 09:14 am UTC| Insights & Views
Traders all over the world remains edgy as Greece and Euro zone policymakers move between Deal on/Deal off sentiment. Market is still hoping for a last minute rescue resolution, however mood has soured completely....
Guide to today’s important data and events
Jun 25, 2015 08:36 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated are high. Data released so far - Germany - GFK consumer confidence came at 10.1, lower than prior 10.2 Upcoming - Euro zone - Euro group...
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