Demand for higher end houses goes up in US
Mar 25, 2015 10:08 am UTC| Insights & Views
US housing markets recovering but still weak compared to pre-crisis level. During the housing crisis of 2008, builders were building more houses than actual demand, which led to lot of inventory still remaining to be sold...
Volatility rises in US fixed income market
Mar 25, 2015 09:18 am UTC| Insights & Views
The chart attached represents CBOE $VIX that measures volatilities in US stock market and $SRVX that measures volatility in interest rate market. What is $ SRVX? The CBOE SRVX Index is based on 1 year swaptions on 10...
Mar 25, 2015 08:33 am UTC| Insights & Views
Nuclear negotiations are in progress and dead line to reach a solution stands at 31st March 2015. Talks might tilt on either side, as some participants say that the deadline could be extended. Some saying sanctions to...
Guide to today’s important data and events
Mar 25, 2015 07:41 am UTC| Insights & Views
Todays Focus is on durable goods orders from US. Data released so far - Switzerland - UBS consumption indicator came at 1.19 compared to prior 1.11. Upcoming - France - Business climate data will be released at...
Weaker Euro won’t solve Euro zone imbalance
Mar 24, 2015 16:35 pm UTC| Insights & Views
Chart is attached showing Euro zone Target 2 balance. What is TARGET2? Target 2 is a real time gross settlement system to support payments with unlimited credit facility and no upper limit on transactions. It is used...
Commodities snapshot (precious & industrial)
Mar 24, 2015 16:17 pm UTC| Insights & Views
Metals are doing very well this week as lower rate expectation and weaker dollar improved outlook. Performance this week at a glance in chart table - Gold -Gold is trying to break above the key resistance however...
Mar 24, 2015 16:01 pm UTC| Insights & Views
Equities continue to enjoy dovish FOMC and gained grounds in todays trading. Performance this week at a glance in chart table - SP 500 - US benchmark struggling at its all-time high as dollar gained some of its...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects